REG - Genuit Group PLC - Director/PDMR Shareholding

GenuitAnnouncement

20/08/2024 16:30

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RNS Number : 1491B  Genuit Group PLC  20 August 2024

Genuit Group plc (the "Company")

The Company announces that on 15 August 2024, Joe Vorih, Chief Executive
Officer and a Person Discharging Managerial Responsibilities, exercised a
nil-cost option over 29,935 ordinary shares (including 9,163 dividend shares)
of £0.001 each in the capital of the Company ("Shares") in accordance with
the Deferred Share Award that was granted to him on 22 March 2022 (the
"Award") which vested on 17 March 2024.

Full details of the Award were included in a regulatory announcement released
on 23 March 2022 and in the Company's 2022 Annual Report and Accounts. The
Company's Employee Benefit Trust has today transferred 15,866 Shares to Mr
Vorih which represents the net number of Shares due to him after the
appropriate tax and national insurance liabilities were taken into account.

The Company also announces that on 14 August 2024, Martin Gisbourne, Chief
Strategy and Sustainability Officer and a Person Discharging Managerial
Responsibilities, exercised a nil-cost option over 3,414 Shares in accordance
with the Long-Term Incentive Plan award granted to him on 20 May 2021, which
vested on 20 May 2024. Mr. Gisbourne sold sufficient shares to cover the
appropriate tax and national insurance liabilities due on exercise.

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                                                         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                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       15,866 - number of ordinary shares acquired after reduction for appropriate

    tax and national insurance liabilities.

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      15 August 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

 

 

 

 

e)

 

Date of the transaction

 

 

15 August 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Martin Gisbourne

 2    Reason for the notification

 a)   Position/status                                              Chief Strategy and Sustainability Officer 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 ordinary shares for no consideration pursuant  to the exercise

                                                            of nil-cost options under the Long-Term Incentive Plan ("LTIP") award granted
                                                                   on 20 May 2021.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       1,739- Number of  ordinary shares acquired after reduction for appropriate

    tax and national insurance

                                                                        liabilities.

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      16 August 2024

 f)   Place of the transaction                                     Outside a Trading Venue

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

e)

 

Date of the transaction

 

 

16 August 2024

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

Enquiries:

Emma Versluys, Group Legal Counsel and Company Secretary

 

+44 (0) 1138 315 315

 

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