REG - Genuit Group PLC - Director/PDMR Shareholding

GenuitAnnouncement

10/04/2024 16:30

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RNS Number : 0861K  Genuit Group PLC  10 April 2024

Genuit Group plc ('the Company')

Notification of Transactions by Persons Discharging Managerial
Responsibilities

The Company announces that on 8 April 2024, an award under the Company's
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   42,904                         08/04/2026 (50%)   08/04/2034

                                            08/04/2027 (50%)
 Tim Pullen  7,477                          08/04/2026 (50%)   08/04/2034

                                            08/04/2027 (50%)

 

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

      Identification code

                                                                   GB00BKRC5K31

 b)   Nature of the transaction                                    Grant of an award, structured as a nil cost option, under the Company's

                                                            Deferred Share Bonus Plan, on 8 April 2024, vesting on 8 April 2026 (50%) and
                                                                   8 April 2027 (50%), exercisable for 10 years from the date of grant.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       42,904

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      8 April 2024

 f)   Place of the transaction                                     Outside a Trading Venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

8 April 2024

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

      Identification code

                                                                   GB00BKRC5K31

 b)   Nature of the transaction                                    Grant of an award, structured as a nil cost option, under the Company's

                                                            Deferred Share Bonus Plan, on 8 April 2024, vesting on 8 April 2026 (50%) and
                                                                   8 April 2027 (50%), exercisable for 10 years from the date of grant.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       7,477

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      8 April 2024

 f)   Place of the transaction                                     Outside a Trading Venue

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

8 April 2024

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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