REG - Ascential PLC - Director/PDMR Shareholding

AscentialAnnouncement

18/04/2024 18:15

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RNS Number : 2376L  Ascential PLC  18 April 2024

 

18 April 2024

 

Ascential plc (the "Company")

Notification of transactions of persons discharging managerial responsibility

Grant of Awards under the Company's Performance Share Plan and Deferred Annual
Bonus Plan.

 

On 18 April 2024 the Company's Executive Directors were granted conditional
awards over ordinary shares under the Ascential plc Executive Performance
Share Plan (the "PSP"). Mandy Gradden was also granted a conditional award
over ordinary shares under the Executive Deferred Annual Bonus Plan ("DABP")
as noted below:

 

 Executive Director  Number of shares awarded under PSP  Number of shares awarded under DABP
 Philip Thomas       369,662                             Nil(( 1  (#_ftn1) ))
 Mandy Gradden       278,480                             75,310

 

PSP awards

Subject to the terms of the PSP, the awards will ordinarily vest on the third
anniversary of the grant of the awards subject to the grantee's continued
service and to the extent to which adjusted EPS, adjusted operating profit and
revenue performance criteria are met over the three financial years to 31
December 2026.  The shares will also be subject to a further two-year holding
period whereby the Executive Directors will be restricted from selling the
shares which vest other than to settle any associated tax.

 

DABP awards

Awards made under the DABP relate to the deferral of 50% of the 2023 bonus
payable to Executive Directors into shares. Subject to the terms of the DABP,
the awards will ordinarily vest on the third anniversary of the grant of the
awards subject to the grantee's continued service.

 

 

 1     Details of the person discharging managerial responsibilities / person closely

     associated

 a)    Names                                                          Philip Thomas

                                                                      Mandy Gradden
 2     Reason for the notification

 a)    Position/status                                                Director

 b)    Initial notification /Amendment                                Initial notification

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

     platform, auctioneer or auction monitor

 a)    Name                                                           Ascential plc

 b)    LEI                                                            213800VDXQDA7KD2IQ21

 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    Ordinary shares of 1p

       Identification code                                            BYM8GJ0

 b)    Nature of the transaction                                      Grant of conditional awards under the Company's Performance Share Plan ("PSP")

                                                              and the Executive Deferred Annual Bonus Plan ("DABP")

 c)    Price(s) and volume(s)

Phil Thomas:
                                                                      Price(s)      Volume(s)
                                                                      369,662       ("PSP")

 

Mandy  Gradden:
                                                                      Price(s)          Volume(s)
                                                                      75,310             ("DABP")
                                                                      278,480           ("PSP")

 

 d)    Aggregated information

       - Aggregated volume                                            Philip Thomas - single transaction

                                                                      Mandy Gradden - 353,790

       - Price                                                        Nil

 e)    Date of the transaction                                        18 April 2024

 f)    Place of the transaction                                       London

 

 Mandy  Gradden:
 Price(s)          Volume(s)
 75,310             ("DABP")
 278,480           ("PSP")

 

 

d)

 

Aggregated information

- Aggregated volume

Philip Thomas - single transaction

Mandy Gradden - 353,790

- Price

Nil

e)

 

Date of the transaction

 

18 April 2024

f)

 

Place of the transaction

 

London

 

 

Contacts

Naomi Howden, Company Secretary

+44 (0) 207 516 5042

 

(( 1  (#_ftnref1) ))  Philip Thomas was appointed as an executive director of
the Company on 2 January 2024 and was therefore not an executive director
subject to the DABP in 2023

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