REG - Genus - Director/PDMR Shareholding
12 September 2019
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that on 11 September 2019, conditional nil-cost share options were granted under the Genus 2014 Performance Share Plan over ordinary shares in Genus to an Executive Director and members of the Genus Executive Leadership Team ('GELT') as listed in table A below. In addition, following Genus's compulsory deferral requirements relating to the annual bonus earned by Executive Directors and GELT for the financial year ending 30 June 2019, nil-cost share options were granted over ordinary shares under Genus's Deferred Share Bonus Plan as listed in table B below.
Details of the performance conditions that apply to the nil-cost share options can be found in the Directors' Remuneration Report of the Genus 2019 Annual Report.
The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the nil-cost share option awards made on 11 September 2019.
For further information please contact:
Genus:
Vaughn Walton, Deputy Company Secretary Tel: +44 (0)1256 347100
Table A - GELT 2014 Performance Share Plan Options
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
1. Stephen Wilson
2. Bill Christianson
3. Nate Zwald
4. Jerry Thompson
5. Dr Elena Rice
6. Angelle Rosata
7. Dan Hartley
2.
Reason for the notification
a.
Position/status
1. Group Finance Director
2. Chief Operating Officer Genus PIC
3. Chief Operating Officer Genus ABS Dairy
4. Chief Operating Officer Genus ABS Beef
5. Chief Scientific Officer & Head of R&D
6. Group Human Resources Director
7. Group General Counsel & Company Secretary
b.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Genus plc
b.
LEI
54930022EOITNKSIGH56
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 10p each.
GB0002074580
b.
Nature of the transaction
Award of nil-cost share options granted under the Genus plc 2014 Performance Share Plan over ordinary shares in Genus.
c.
Price(s) and volume(s)
Numbers 1 to 7 in the left hand column correspond to the relevant PDMR as detailed in boxes 1a and 2a above.
Price(s)
Volume(s)
1. 2,832p
41,666
2. 2,832p
17,682
3. 2,832p
14,892
4. 2,832p
14,806
5. 2,832p
15,450
6. 2,832p
14,163
7. 2,832p
14,512
d.
Aggregated information
· Aggregated volume
· Price
n/a
e.
Date of the transaction
2019-09-11
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
Table B - GELT Deferred Share Bonus Plan Options
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
1. Stephen Wilson
2. Bill Christianson
3. Nate Zwald
4. Jerry Thompson
5. Angelle Rosata
6. Dan Hartley
2.
Reason for the notification
a.
Position/status
1. Group Finance Director
2. Chief Operating Officer Genus PIC
3. Chief Operating Officer Genus ABS Dairy
4. Chief Operating Officer Genus ABS Beef
5. Group Human Resources Director
6. Group General Counsel & Company Secretary
b.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Genus plc
b.
LEI
54930022EOITNKSIGH56
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 10p each.
GB0002074580
b.
Nature of the transaction
Award of nil-cost share options granted under Genus's Deferred Share Bonus Plan following the compulsory deferral of 25% of annual bonus in respect of bonuses earned in the financial year ending 30 June 2019. For Stephen Wilson, Dan Hartley and Bill Christianson the nil-cost share options granted under Genus's Deferred Share Bonus Plan include an additional amount of 40%, 40% and 30% of salary respectively following achievement of Company milestones during the financial year ending 30 June 2019.
c.
Price(s) and volume(s)
Numbers 1 to 7 in the left hand column correspond to the relevant PDMR as detailed in boxes 1a and 2a above.
Price(s)
Volume(s)
1. 2,832p
7,382
2. 2,832p
4,420
3. 2,832p
1,142
4. 2,832p
1,255
5. 2,832p
895
6. 2,832p
4,704
d.
Aggregated information
· Aggregated volume
· Price
n/a
e.
Date of the transaction
2019-09-11
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
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 or visit www.rns.com.ENDDSHUUVORKBAKAAR
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