REG - Genuit Group PLC - Director/PDMR Shareholding

GenuitAnnouncement

31/03/2023 16:30

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RNS Number : 0120V  Genuit Group PLC  31 March 2023

Genuit Group plc (the "Company")

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

The Company announces that on 24 March 2023, Paul James, Chief Financial
Officer and a Person Discharging Managerial Responsibilities, exercised the
following options:

 

1.   a nil-cost option over 17,634 shares in accordance with the Long-Term
Incentive Plan Award granted to him on 2 May 2018. Mr. James sold sufficient
shares to cover the appropriate tax and national insurance liabilities due on
exercise.

 

2.   a nil-cost option over 17,147 shares in accordance with the Long-Term
Incentive Plan Award granted to him on 30 April 2019. Mr. James sold
sufficient shares to cover the appropriate tax and national insurance
liabilities due on exercise.

 

3.   a nil-cost option over a total of 3,479 shares (comprising 3,383 shares
granted under the Award and 96 shares awarded at vesting in lieu of dividends
paid during the vesting period) in accordance with the Deferred Share Bonus
Plan Award granted to him on 30 April 2019, which vested on 30 April 2021. Mr.
James sold sufficient shares to cover the appropriate tax and national
insurance liabilities due on exercise.

 

4.   a nil-cost option over a total of 3,524 shares (comprising 3,383 shares
granted under the Award and 141 shares awarded at vesting in lieu of dividends
paid during the vesting period) in accordance with the Deferred Share Bonus
Plan Award granted to him on 30 April 2019, which vested on 30 April 2022. Mr.
James sold sufficient shares to cover the appropriate tax and national
insurance liabilities due on exercise.

 

5.   a nil-cost option over a total of 2,315 shares (comprising 2,245 shares
granted under the Award and 70 shares awarded at vesting in lieu of dividends
paid during the vesting period) in accordance with the Deferred Share Bonus
Plan Award granted to him on 22 June 2020, which vested on 22 June 2022. Mr.
James sold sufficient shares to cover the appropriate tax and national
insurance liabilities due on exercise.

 

Mr. James now holds an interest in a total of 71,563 shares.

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 with them.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Paul James

 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  Ordinary Shares of £0.001 each in the capital of Genuit Group plc

      Identification code

                                                                   GB00BKRC5K31

 b)   Nature of the transaction                                    Acquisition of Shares for no consideration pursuant  to the exercise of

                                                            nil-cost options as follows:

                                                            Long-Term Incentive Plan ("LTIP") award granted on 2 May 2018.

                                                                   LTIP award granted on 30 April 2019.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       9,479 - Number of LTIP shares acquired from 2 May 2018 grant after reduction

    for appropriate tax and national insurance

                                                                        liabilities.

                                                                        9,217 - Number of LTIP shares acquired from 30 April 2019 grant after
                                                                        reduction for appropriate tax and national insurance

                                                                        liabilities.

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      31 March 2023

 f)   Place of the transaction                                     London Stock Exchange

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

e)

 

Date of the transaction

 

 

31 March 2023

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Paul James

 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  Ordinary Shares of £0.001 each in the capital of Genuit Group plc

      Identification code

                                                                   GB00BKRC5K31

 b)   Nature of the transaction                                    Acquisition of Shares for no consideration pursuant  to the exercise of

                                                            nil-cost options as follows:

                                                            Deferred Share Bonus Plan ("DSBP") awards granted on 30 April 2019.

                                                                   DSBP award granted on 22 June 2020.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       1,870 - Number of DSBP shares acquired from 30 April 2019 grant after

    reduction for appropriate tax and national insurance

                                                                        liabilities.

                                                                        1,894 - Number of DSBP shares acquired from 30 April 2019 grant after
                                                                        reduction for appropriate tax and national insurance

                                                                        liabilities.

                                                                        1,244 - Number of DSBP shares acquired from 22 June 2020 grant after reduction
                                                                        for appropriate tax and national insurance

                                                                        liabilities.

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      31 March 2023

 f)   Place of the transaction                                     London Stock Exchange

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

e)

 

Date of the transaction

 

 

31 March 2023

f)

 

Place of the transaction

 

 

London Stock Exchange

 

Enquiries:

Emma Versluys, Group Legal Counsel and Company Secretary

 

+44 (0) 1138 315 315

 

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