Grant of Options and Director/PDMR Shareholding
Warpaint London PLC announced the grant of 1,124,217 ordinary share options on June 17, 2026, to employees, including three persons discharging managerial responsibilities (PDMRs), at an exercise price of 220 pence per share. These options are exercisable between June 17, 2029, and June 17, 2036, subject to a minimum compound annual growth rate of 5% in adjusted basic earnings per share over three financial years. Following these grants, the total number of outstanding options is 2,877,059, representing 3.56% of the company's issued share capital of 80,787,321 ordinary shares.
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Warpaint London PLC (AIM: W7L), the specialist supplier of high quality colour cosmetics and personal care brands at an affordable price, announces the grant to employees of options ("Options") on 17 June 2026 over a total of 1,124,217 Ordinary Shares of 25p each in the Company ("Ordinary Shares"), including to three PDMRs under the Warpaint London PLC EMI share option scheme as set out below.
| Position | Number of options granted | Total number of options held post grant | Summary of options held and grant date | ||
|---|---|---|---|---|---|
| Neil Rodol | Chief Financial Officer | 106,432 | 346,432 | 9,230 (CSOP) 110,770 (non-qualifying) 120,000 (non-qualifying) 106,432 (EMI) | 24 Nov 2023 24 Nov 2023 5 Dec 2024 17 June 2026 |
| Sally Craig | General Counsel & Company Secretary | 32,216 | 72,216 | 10,000 (EMI) 10,000 (CSOP) 10,000 (CSOP) 10,000 (non-qualifying) 32,216 (EMI) | 29 June 2017 20 May 2020 24 Nov 2023 5 Dec 2024 17 June 2026 |
| Matthew Goldstein | Managing Director, Retra | 80,682 | 230,682 | 18,461 (CSOP) 56,539 (non-qualifying) 75,000 (non-qualifying) 80,682 (EMI) | 24 Nov 2023 24 Nov 2023 5 Dec 2024 17 June 2026 |
The Options are exercisable at a price of 220 pence per Ordinary Share being the closing mid market price of the Company's Ordinary Shares on AIM on Tuesday 16 June 2026. The Options are exercisable from 17 June 2029 until 17 June 2036. The Options are exercisable subject to certain performance conditions being met, including that the compound annual growth rate in the Company's Adjusted Basic earnings per share must exceed 5 per cent. over the three financial years commencing 1 January 2026, subject to the discretion of the Board.
Following these grants the total number of options in issue over Ordinary Shares is 2,877,059, representing 3.56 % of the Company's issued share capital of 80,787,321 Ordinary Shares.
The 106, 432 Options granted to Neil Rodol constitute the entire New Concert Party Options as defined in the circular to shareholders dated 22 May 2026 (the "Circular") which are subject to a Panel Waiver (as defined in the Circular).
The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Neil Rodol | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| a) | Name | Warpaint London PLC | ||||
| b) | LEI | 213800EBJ2CN6KIDCO78 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary shares of 25p each GB00BYMF3676 | ||||
| b) | Nature of the transaction | Grant of Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction | ||||
| e) | Date of the transaction | 17 June 2026 | ||||
| f) | Place of the transaction | Outside a Trading Venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Sally Craig | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | General Counsel & Company Secretary | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| a) | Name | Warpaint London PLC | ||||
| b) | LEI | 213800EBJ2CN6KIDCO78 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary shares of 25p each GB00BYMF3676 | ||||
| b) | Nature of the transaction | Grant of Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction | ||||
| e) | Date of the transaction | 17 June 2026 | ||||
| f) | Place of the transaction | Outside a Trading Venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Matthew Goldstein | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Managing Director Retra | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| a) | Name | Warpaint London PLC | ||||
| b) | LEI | 213800EBJ2CN6KIDCO78 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Options over Ordinary shares of 25p each GB00BYMF3676 | ||||
| b) | Nature of the transaction | Grant of Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A Single Transaction | ||||
| e) | Date of the transaction | 17 June 2026 | ||||
| f) | Place of the transaction | Outside a Trading Venue | ||||
| Shore Capital (Nominated Adviser & Joint Broker) Patrick Castle, Daniel Bush, Lucy Bowden - Corporate Advisory Fiona Conroy - Corporate Broking | 020 7408 4090 | |||||
| Berenberg (Joint Broker) Clayton Bush, Alix Mecklenburg-Solodkoff, Alex Wright | 020 3207 7800 | |||||
| IFC Advisory (Financial PR & IR) Tim Metcalfe, Graham Herring, Florence Staton | 020 3934 6632 |
Warpaint London PLC
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