12 August 2016
Ted Baker Plc
(the "Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
The Company has been notified that on 12 August 2016 Ray Kelvin CBE, Founder and Chief Executive of the Company, had entered into a personal loan facility with Goldman Sachs International Bank ("Goldman Sachs") and has granted a pledge in favour of Goldman Sachs over 3,500,000 Ordinary Shares in the capital of the Company as security for any amounts which may be due from time to time under the facility.
Ray Kelvin CBE remains the beneficial owner of the shares subject to the pledge, and retains full voting rights. As such, Ray Kelvin CBE has a beneficial interest in 15,540,280 Ordinary Shares.
Enquiries:
|
Ted Baker Plc | +44 (0) 20 7255 4800 |
| Charles Anderson, Finance Director & Company Secretary
| |
| Hudson Sandler | + 44 (0) 20 7796 4133 |
| Michael Sandler Alex Brennan | |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Ray Kelvin
| ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status
| Founder & CEO | ||||||
| b) | Initial notification/Amendment
| Initial Notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Ted Baker PLC
| ||||||
| b) | LEI | 549300HN14450OU4IL77
| ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares
GB0001048619 | ||||||
| b) | Nature of the transaction
| Pledge in favour of Goldman Sachs International Bank | ||||||
| c) | Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price
| NA | ||||||
| e) | Date of the transaction
| 2016-08-12 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||||