REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

02/04/2024 16:45

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RNS Number : 0345J  Phoenix Group Holdings PLC  02 April 2024

 

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc the Deferred
Bonus Share Scheme (the "DBSS")

The Company has today been informed that on 28 March 2024, the following
Persons Discharging Managerial Responsibilities "PDMRs" exercised their
nil-cost options over ordinary shares of 10 pence each in the Company under
the DBSS granted on 12 March 2021.

 

DBSS

 

Vesting of these options was subject to a three-year holding period in respect
of the deferred bonus for the 2021 financial year to 31 December 2022.  The
options become exercisable for up to six-months with effect from 12 March
2024.

 

 Name            Title                                                Number of ordinary shares acquired of 10 pence each on exercise of options
 Andy Curran     CEO Savings & Retirement - UK & Europe               22,086
 Claire Hawkins  Corporate Affairs & Investor Relations Director      13,402

 

In order to meet the Income Tax and Employee National Insurance liabilities
arising on the exercise of the options, the below numbers of shares were sold
on 28 March 2024:

 

 Name            Title                                                Number of ordinary shares of 10 pence each sold for Tax/NIC purposes  Sale price per share
 Andy Curran     CEO Savings & Retirement - UK & Europe               10,464                                                                5.486
 Claire Hawkins  Corporate Affairs & Investor Relations Director      6,350                                                                 5.469141

 

Notification and public disclosure of transactions by a person discharging
managerial responsibilities and persons closely associated with them.

 

The Notification of Dealing Forms for each PDMR can be found below. This
announcement is made in accordance with Article 19(3) of the UK Markets Abuse
Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act 2018).

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Andy Curran

 2    Reason for the notification

 a)   Position/status                                              CEO Savings & Retirement - UK & Europe

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Phoenix Group Holdings plc

 b)   LEI                                                          2138001P49OLAEU33T68

 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

                                                                   Phoenix Group Holdings plc ordinary shares of 10 pence

      Identification code

                                                                   GB00BGXQNP29
 b)   Nature of the transaction                                    Acquisition of shares pursuant to the exercise of options under the Company's

                                                            DBSS and sale of shares to cover tax liabilities.

 c)   Price(s) and volume(s)

Item                      Price(s)  Volume(s)
                                                                   Exercise of DBSS Options  nil       22,086

                                                            Sale of Shares            5.486     10,464

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transaction.

      - Price
 e)   Date of the transaction                                      28 March 2024

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A - single transaction.

 

e)

 

Date of the transaction

28 March 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Claire Hawkins

 2    Reason for the notification

 a)   Position/status                                              Corporate Affairs & Investor Relations Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Phoenix Group Holdings plc

 b)   LEI                                                          2138001P49OLAEU33T68

 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

                                                                   Phoenix Group Holdings plc ordinary shares of 10 pence

      Identification code

                                                                   GB00BGXQNP29
 b)   Nature of the transaction                                    Acquisition of shares pursuant to the exercise of options under the Company's

                                                            DBSS and sale of shares to cover tax liabilities.

 c)   Price(s) and volume(s)

Item                      Price(s)  Volume(s)
                                                                   Exercise of DBSS Options  nil       13,402

                                                            Sale of Shares            5.469141  6,350

 d)   Aggregated information

      - Aggregated volume                                          N/A  - single transaction

      - Price
 e)   Date of the transaction                                      28 March 2024

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A  - single transaction

 

e)

 

Date of the transaction

28 March 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 Media                                                             Investors
 Douglas Campbell                                                  Claire Hawkins, Corporate Affairs Director, Phoenix Group

+44 (0) 204 559 3161
 Teneo

                                                                 Andrew Downey, Investor Relations Director, Phoenix Group
 +44 (0)7753 136628

                                                                 +44 (0) 204 559 3145
 Shellie Wells, Corporate Communications Director, Phoenix Group

 +44 (0) 204 559 3031

 

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