REG - Genuit Group PLC - Director/PDMR Shareholding

GenuitAnnouncement

14/04/2025 16:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250414:nRSN9593Ea&default-theme=true

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%)   11/04/2035

                                            11/04/2028 (50%)
 Tim Pullen  27,690                         11/04/2027 (50%)   11/04/2035

                                            11/04/2028 (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 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                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      11 April 2025

 f)   Place of the transaction                                     Outside a Trading Venue

 

 

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  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 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                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      11 April 2025

 f)   Place of the transaction                                     Outside a Trading Venue

 

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPKQBPQBKDQQD