REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

10/04/2024 09:45

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RNS Number : 0288K  Phoenix Group Holdings PLC  10 April 2024

 

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc Long Term
Incentive Plan (the "LTIP") and the Deferred Bonus Share Scheme (the "DBSS")

The Company was today informed that on 9 April 2024, the following Person
Discharging Managerial Responsibilities "PDMR" exercised their nil-cost
options over ordinary shares of 10 pence each in the Company under the LTIP
granted on 21 March 2018 and 11 March 2019 and the DBSS granted on 12 March
2021.

 

LTIP

 

Vesting of these options was subject to criteria relating to the Company's
performance over a three-year performance period to 31 December 2020 and 31
December 2021 and the options were then subject to a two-year holding period
following the end of the performance period. The number of options acquired
includes the dividend equivalent shares where the whole award has been
exercised.

 

 

 Name             Title            Award      Number of options exercised  Number of ordinary shares sold  Sale price in pence
 Quentin Zentner  General Counsel  LTIP 2018  73,636                       73,636                          557.997
 Quentin Zentner  General Counsel  LTIP 2019  57,471 (part exercised)      57,471                          557.997

 

Income Tax and Employee National Insurance liabilities were paid on exercise
through the sale of shares. All shares were sold.

 

DBSS

 

Vesting of these options was subject to a three-year holding period in respect
of the deferred bonus for the 2020 financial year. The number of options
acquired relate to the dividend equivalent shares allocated at vest.

 

 

 Name             Title            Number of options exercised  Number of ordinary shares sold  Sale price in pence
 Quentin Zentner  General Counsel  3,712                        3,712                           557.997

 

Income Tax and Employee National Insurance liabilities were paid on exercise
through the sale of shares. All the shares were sold.

 

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                                                         Quentin Zentner

 2    Reason for the notification

 a)   Position/status                                              General Counsel

 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 each

      Identification code

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

                                                            DBSS/LTIP and sale of all shares

 c)   Price(s) and volume(s)

Item                                        Price(s) in pence  Volume(s)
                                                                   Sale of Shares - LTIP 2018                  557.997            73,636

                                                            Sale of Shares - LTIP 2019                  557.997            57,471
                                                                   Sale of Shares dividend equivalents - DBSS  557.997            3712
 d)   Aggregated information

      - Aggregated volume                                          134,819

      - Price                                                      557.997

 e)   Date of the transaction                                      9 April 2024

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

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

134,819

 

557.997

 

e)

 

Date of the transaction

9 April 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

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