REG - CT Automotive Group - Grant of awards under Long Term Incentive Plan

CT AutomotiveAnnouncement

01/07/2025 07:00

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RNS Number : 0872P  CT Automotive Group PLC  01 July 2025

1 July 2025

 

CT Automotive Group PLC

("CT Automotive" or the "Group")

 

Grant of awards under Long Term Incentive Plan

 

CT Automotive, a leading designer, developer and supplier of interior
components to the global automotive industry, announces that on 30 June 2025,
the Company awarded options over a total of 888,889 ordinary shares under the
Executive Long Term Incentive Plan to Chief Executive Officer (Simon Phillips)
Chief Financial Officer (Salman Mohammed) its Chief Commercial Officer (Scott
Mckenzie) and Chief Operating Officer (Graham Mackey).

In addition, the Company has awarded options over a further 72,098 ordinary
shares under the same plan to two further senior employees of the Company
(together the "Options"). These Options have a 3-year vesting period with no
performance conditions attached.

All Options have been granted in relation to ordinary shares of £0.005
("Ordinary Shares") in the form of options to acquire Ordinary Shares at
nominal value.

The table below sets out details of each award granted to senior executives
and management:

 Individuals       Role                      Performance conditions                                                   Number of LTIP Awards granted
 Simon Phillips    Chief Executive Officer   Earnings per share performance criteria for 3-year period ending FY2027  271,605
 Salman Mohammed   Chief Financial Officer   Earnings per share performance criteria for 3-year period ending FY2027  197,531
 Scott Mckenzie    Chief Commercial Officer  Earnings per share performance criteria for 3-year period ending FY2027  271,605
 Graham Mackey     Chief Operating Officer   Earnings per share performance criteria for 3-year period ending FY2027  148,148
 Other Management  -                         3-year vesting period no performance conditions                          72,098

                                             Total                                                                    960,987

 

Enquiries:

 CT Automotive                                                                                                      Via Novella

 Simon Phillips, Chief Executive Officer

 Salman Mohammed, Chief Financial Officer

 Singer Capital Markets Advisory LLP (Nominated Adviser and Broker)                                                 Tel: +44 (0)20 7496 3000

 Alex Bond, James Todd, Samed Ethemi

 Novella Communications (Financial Public Relations)                                                                Tel : +44 (0)20 3151 7008

 Tim Robertson, Claire de Groot, Safia Colebrook                                                                    ctautomotive@novella-comms.com (mailto:ctautomotive@novella-comms.com)

 The information set out below is provided in accordance with the requirements
 of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:

 1                        Details of the person discharging managerial responsibilities / person closely
                          associated

 a)                       Full name of person Dealing                                  Simon Phillips

 2                        Reason for the Notification

 a)                       Position/status                                              Chief Executive Officer

 b)                       Initial notification / Amendment                             Initial notification

 3                        Details of the issuer, emission allowance market participant, auction
                          platform, auctioneer or auction monitor

 a)                       Name of entity                                               CT AUTOMOTIVE GROUP PLC

 b)                       Legal Entity Identifier code                                 213800RP7B4UJ1DDKY67

 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 0.5 pence each

                          Identification code                                          GB00BMHYGR77

 b)                       Nature of the transaction                                    Award of Options

 c)                       Number of shared acquired or disposed of                     Price  Volume(s)

                                                            40.5p  271,605

                          Price (per share)

 d)                       Aggregated information                                       N/A

                          Aggregated volume

                          Price

 e)                       Date of transaction                                          30 June 2025

 f)                       Place of transaction                                         Outside a trading venue

 

Price (per share)

 

 

d)

Aggregated information

 

 

Aggregated volume

 

 

Price

 

 

N/A

 

e)

Date of transaction

 

30 June 2025

 

f)

Place of transaction

 

Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Full name of person Dealing                                  Salman Mohammed

 2   Reason for the Notification

 a)  Position/status                                              Chief Financial Officer

 b)  Initial notification / Amendment                             Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name of entity                                               CT AUTOMOTIVE GROUP PLC

 b)  Legal Entity Identifier code                                 213800RP7B4UJ1DDKY67

 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 0.5 pence each

     Identification code                                          GB00BMHYGR77

 b)  Nature of the transaction                                    Award of Options

 c)  Number of shared acquired or disposed of                     Price  Volume(s)

                                                            40.5p  197,531

     Price (per share)

 d)  Aggregated information

     Aggregated volume                                            N/A

     Price

 e)  Date of transaction                                          30 June 2025

 f)  Place of transaction                                         Outside a trading venue

Price (per share)

 

d)

Aggregated information

 

 

Aggregated volume

 

 

Price

 

 

 

 

 

N/A

e)

Date of transaction

 

30 June 2025

f)

Place of transaction

 

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Full name of person Dealing                                  Scott Mckenzie

 2   Reason for the Notification

 a)  Position/status                                              Chief Commercial Officer for Sales and Product Development

 b)  Initial notification / Amendment                             Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name of entity                                               CT AUTOMOTIVE GROUP PLC

 b)  Legal Entity Identifier code                                 213800RP7B4UJ1DDKY67

 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 0.5 pence each

     Identification code                                          GB00BMHYGR77

 b)  Nature of the transaction                                    Award of Options

 c)  Number of shared acquired or disposed of                     Price  Volume(s)

                                                            40.5p  271,605

     Price (per share)

 d)  Aggregated information

     Aggregated volume                                            N/A

     Price

 e)  Date of transaction                                          30 June 2025

 f)  Place of transaction                                         Outside a trading venue

Price (per share)

 

d)

Aggregated information

 

 

Aggregated volume

 

 

Price

 

 

 

 

 

N/A

e)

Date of transaction

 

30 June 2025

f)

Place of transaction

 

Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Full name of person Dealing                                  Graham Mackey

 2   Reason for the Notification

 a)  Position/status                                              Chief Operating Officer

 b)  Initial notification / Amendment                             Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor

 a)  Name of entity                                               CT AUTOMOTIVE GROUP PLC

 b)  Legal Entity Identifier code                                 213800RP7B4UJ1DDKY67

 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 0.5 pence each

     Identification code                                          GB00BMHYGR77

 b)  Nature of the transaction                                    Award of Options

 c)  Number of shared acquired or disposed of                     Price  Volume(s)

                                                            40.5p  148,148

     Price (per share)

 d)  Aggregated information

     Aggregated volume                                            N/A

     Price

 e)  Date of transaction                                          30 June 2025

 f)  Place of transaction                                         Outside a trading venue

Price (per share)

 

d)

Aggregated information

 

 

Aggregated volume

 

 

Price

 

 

 

 

 

N/A

e)

Date of transaction

 

30 June 2025

f)

Place of transaction

 

Outside a trading venue

 

 

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