REG - De La Rue PLC - Director/PDMR Shareholding

De La RueAnnouncement

30/07/2024 15:45

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RNS Number : 4504Y  De La Rue PLC  30 July 2024

De La Rue plc

 

Director/PDMR Shareholding

Notification of transactions by persons discharging managerial
responsibilities and persons closely associated with them

30 July 2024

De La Rue plc (the "Company") announces that it has today granted awards under
the De La Rue Deferred Bonus Plan (the "DBP") to Clive Vacher and Ruth Euling,
each of whom is an Executive Director and a Person Discharging Managerial
Responsibilities ("PDMR") of the Company.  The granting of the awards creates
a change in the interests of each of them in the ordinary shares of
44(152)/(175)p  of the Company ("Shares").

The awards, which were granted on 30 July 2024 (the "Award Date"), represent
the value of 40% of the annual bonus that each individual earned in the year
ended 30 March 2024, the structure of which was disclosed in the remuneration
report within the 2024 Annual Report.  This portion of the annual bonus is
deferred in two equal parts, one half vesting on the first anniversary of the
Award Date and the other half vesting on the second anniversary of the Award
Date and in each case settled in Shares of the Company.  As the bonus has
already been earned, there is no post-grant performance condition to be
satisfied.

The awards (each an "Award") are structured as conditional shares and were
granted under the rules of the DBP as follows:

 Name of Director/PDMR  Role          Number of Shares subject to the Award
 Clive Vacher           CEO           25,748
 Ruth Euling            MD, Currency  8,347

 

The number of Shares contained in each Award was calculated by reference to a
price of 100.64 pence, being the average of the closing middle market
quotation for the Company's Shares for the five consecutive dealing days
including and ending on 29 July 2024.

 

The relevant information set out below is provided in accordance with the
requirements of Article 19 of the Market Abuse Regulation as retained in UK
law.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Clive Vacher

 2    Reason for the notification

 a)   Position/status                                              Executive Director/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                                                         De La Rue plc

 b)   LEI                                                          213800DH741LZWIJXP78

 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 44(152)/(175)p

      Identification code

                                                                   GB00B3DGH821
 b)   Nature of the transaction                                    Grant of a conditional award in respect of 25,748 Shares under the rules of

                                                            the De La Rue Deferred Bonus Plan.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.00     25,748

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

      - Aggregated total

 e)   Date of the transaction                                      30 July 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

30 July 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Ruth Euling

 2    Reason for the notification

 a)   Position/status                                              Executive Director/MD, Currency

 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         De La Rue plc

 b)   LEI                                                          213800DH741LZWIJXP78

 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 44(152)/(175)p

      Identification code

                                                                   GB00B3DGH821
 b)   Nature of the transaction                                    Grant of a conditional award in respect of 8,347 Shares under the rules of the

                                                            De La Rue Deferred Bonus Plan.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £0.00     8,347

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

      - Aggregated total

 e)   Date of the transaction                                      30 July 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

30 July 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

 

Jon Messent, Company Secretary

Contact Number: 01256 605212

30 July 2024

 

De La Rue plc's LEI code is 213800DH741LZWIJXP78.

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