Director/PDMR Shareholding

Genuit

14/04/2025 15:55

RNS Number : 9593E

Genuit Group PLC

14 April 2025

 

Genuit Group plc ('the Company')

Notification of Transactions by Persons Discharging Managerial Responsibilities

The Company confirms that on 11 April 2025, in accordance with its shareholder approved Remuneration Policy, an award under the Genuit Group plc 2024 Deferred Share Bonus Plan ("DSBP") was granted over Ordinary Shares of £0.001 each in the Company ("Shares") as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.

 

Name
No. of Shares subject to DSBP
Exercise dates
Lapse date
Joe Vorih
51,801
11/04/2027 (50%)
11/04/2028 (50%)
11/04/2035
Tim Pullen
27,690
11/04/2027 (50%)
11/04/2028 (50%)
11/04/2035

 

One third of any bonus received by the Executive Directors is deferred into Shares under the DSBP, vesting equally over two and three years. An additional payment (in the form of cash or Shares) may be made in respect of Shares which vest under deferred awards to reflect the value of dividends which would have been paid on those Shares during the vesting period.

 

The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated. 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joe Vorih
2
Reason for the notification
a)
Position/status
Chief Executive Officer/Director and PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Genuit Group plc
b)
LEI
2138005IF1N2RKJ6KO18
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
Identification code
Ordinary Shares of £0.001 each in the capital of Genuit Group plc
GB00BKRC5K31
b)
Nature of the transaction
Grant of an award, structured as a nil cost option,under the Company's 2024 Deferred Share Bonus Plan, on 11 April 2025, vesting on 11 April 2027 (50%) and 11 April 2028 (50%), exercisable for 10 years from the date of grant.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
51,801
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
11 April 2025
f)
Place of the transaction
Outside a Trading Venue

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tim Pullen
2
Reason for the notification
a)
Position/status
Chief Financial Officer/Director and PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Genuit Group plc
b)
LEI
2138005IF1N2RKJ6KO18
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
Identification code
Ordinary Shares of £0.001 each in the capital of Genuit Group plc
GB00BKRC5K31
b)
Nature of the transaction
Grant of an award, structured as a nil cost option,under the Company's 2024 Deferred Share Bonus Plan, on 11 April 2025, vesting on 11 April 2027 (50%) and 11 April 2028 (50%), exercisable for 10 years from the date of grant.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
27,690
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
11 April 2025
f)
Place of the transaction
Outside a Trading Venue

 

 

Contacts:

Emma Versluys

Group Legal Counsel and Company Secretary                     +44 (0) 1138 315 315

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