REG - Deliveroo PLC - Director/PDMR Shareholding

DeliverooAnnouncement

22/04/2024 17:30

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RNS Number : 5745L  Deliveroo PLC  22 April 2024

22 April 2024

 

Deliveroo plc ("Company")
Notification of transactions by Person Discharging Managerial Responsibility ("PDMR")

 

Vesting of RSU Award, Sale of Shares to Satisfy Tax Liabilities from Vesting
of RSU Award and Overall Shareholding

 

As set out in the Company's prospectus dated 22 March 2021 and pricing
statement dated 31 March 2021 (together, the "Prospectus") and in the
Company's 2021 Directors' Remuneration Report, Will Shu holds restricted stock
unit awards ("RSUs"), awarded as a special pre-IPO one-off RSU award, under
which a proportion of his awards vests on an annual basis. 5,045,350 RSUs
vested on 22 April 2024 (the "22 April 2024 Vesting").

 

The Company has been informed that following the 22 April 2024 Vesting, Will
Shu has sold 2,391,023 Ordinary Shares to satisfy tax liabilities arising on
the vesting of the RSUs. Will Shu will not retain any net proceeds as a result
of the Transaction.

 

Details of the 22 April 2024 Vesting and the sale for tax are disclosed in
the table below (together the "Transaction"). Following these transactions
Will Shu holds 105,162,495 Ordinary Shares.

 

The attached notification has been made in accordance with the requirements of
the EU Market Abuse Regulation (as it forms part of UK law pursuant to the
European Union (Withdrawal) Act 2018).

 

 Contacts
 Investor relations
 David Hancock, VP Finance, Strategy & IR

 Tim Warrington, Investor Relations Director     investors@deliveroo.co.uk (mailto:investors@deliveroo.co.uk)

 Rohan Chitale, Investor Relations Director
 Media relations
 Joe Carberry, VP Policy & Communications        joe.carberry@deliveroo.co.uk (mailto:joe.carberry@deliveroo.co.uk)
 Brunswick Group, Rosie Oddy & Jono Astley       deliveroo@brunswickgroup.com (mailto:Deliveroo@tulchangroup.com)

 

 

 

 1.                   Details of the person discharging managerial responsibilities/person closely
                      associated
 (a)                  Name                                                         William Shu
 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                                                         Deliveroo plc
 (b)                  LEI                                                          984500F6537F74DDEE77
 4A.                  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 0.005p each
 (b)                  Identification code                                          ISIN: GB00BNC5T391
 (c)                  Nature of the transaction                                    The vesting of restricted stock unit awards under the Restricted Stock Units
                                                                                   Contracts (RSUs).
 (d)                   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                   £1.2708   5,045,350
 (e)                  Aggregated information

                      -     Aggregated volume                                      5,045,350

                      -     Price                                                  £6,411,630.78
 (f)                  Date of Transaction                                          22 April 2024
 (g)                  Place of Transaction                                         Outside a trading venue
 4B.                  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 0.005p each
 (b)                  Identification code                                          ISIN: GB00BNC5T391
 (c)                  Nature of the transaction                                    Sale of Ordinary Shares to satisfy tax liabilities.
 (d)                   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                   £1.2708   2,391,023
 (e)                  Aggregated information

                      -     Aggregated volume                                      2,391,023

                      -     Price                                                  £3,038,512.03
 (f)                  Date of the transaction                                      22 April 2024
 (g)                  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

(e)

Aggregated information

-     Aggregated volume

-     Price

 

5,045,350

£6,411,630.78

(f)

Date of Transaction

22 April 2024

(g)

Place of Transaction

Outside a trading venue

4B.

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 0.005p each

(b)

Identification code

ISIN: GB00BNC5T391

(c)

Nature of the transaction

Sale of Ordinary Shares to satisfy tax liabilities.

(d)

 Price(s) and volume(s)

 

 Price(s)  Volume(s)
 £1.2708   2,391,023

(e)

Aggregated information

-     Aggregated volume

-     Price

 

2,391,023

£3,038,512.03

(f)

Date of the transaction

22 April 2024

(g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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