REG - Genus - Director/PDMR Shareholding
25 September 2020
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that, further to the vesting on 14 September 2020 of conditional nil-cost options granted in 2017 under the Genus 2014 Performance Share Plan (the 'PSP') and conditional nil-cost options granted in 2017 under the Genus Deferred Share Bonus Plan (the 'DSBP'), members of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus as follows:
· Nate Zwald, Chief Operating Officer Genus ABS Dairy, sold ordinary shares in Genus on 23 September 2020 on the London Stock Exchange ('LSE'), to offset income tax and social security liabilities due on the exercises and retained the balance of ordinary shares, as listed in Table A and Table B;
· Bill Christianson, Chief Operating Officer Genus PIC, sold ordinary shares in Genus on 25 September 2020 on the LSE, to offset income tax and social security liabilities due on the exercises and retained the balance of ordinary shares, as listed in Table C and Table D.
Genus further announces that, Stephen Wilson, Chief Executive Officer, and Dan Hartley, Group General Counsel & Company Secretary, completed their sales of shares to offset income tax and social security liabilities due on their exercise of options on 21 September 2020, as listed in Table E.
The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the number of nil-cost options exercised and ordinary shares sold on 23 and 25 September 2020.
For further information please contact:
Genus:
Cara Crichton, Deputy Company Secretary Tel: +44 (0)1256 347100
Table A - GELT 2014 Performance Share Plan Exercise
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Nate Zwald
2.
Reason for the notification
a.
Position/status
Chief Operating Officer Genus ABS Dairy
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
Exercise of nil-cost options under the PSP.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
0p
8,379
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
0p
8,379
e.
Date of the transaction
2020-09-23
f.
Place of the transaction
Outside a trading venue.
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
Sale of shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
3,830p
3,272
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
3,830p
3,272
e.
Date of the transaction
2020-09-23
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
Table B - GELT Deferred Share Bonus Plan Exercise
1.
Details of the person discharging managerial responsibilities / person closely associated
a
a.
Name
Nate Zwald
2.
Reason for the notification
a.
Position/status
Chief Operating Officer Genus ABS Dairy
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
Exercise of nil-cost options under the DSBP.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
0p
557
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
0p
557
e.
Date of the transaction
2020-09-23
f.
Place of the transaction
Outside a trading venue.
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
Sale of shares arising from the exercise of nil-cost options under the DSBP to offset income tax and social security liabilities due on the exercise.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
3,830p
218
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
3,830p
218
e.
Date of the transaction
2020-09-23
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
Table C - GELT 2014 Performance Share Plan Exercise
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Bill Christianson
2.
Reason for the notification
a.
Position/status
Chief Operating Officer Genus PIC
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
Exercise of nil-cost options under the PSP.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
0p
10,003
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
0p
10,003
e.
Date of the transaction
2020-09-25
f.
Place of the transaction
Outside a trading venue.
5.
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
Sale of shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
3,896p
3,825
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
3,896p
3,825
e.
Date of the transaction
2020-09-25
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
Table D - GELT Deferred Share Bonus Plan Exercise
1.
Details of the person discharging managerial responsibilities / person closely associated
a
a.
Name
Bill Christianson
2.
Reason for the notification
a.
Position/status
Chief Operating Officer Genus PIC
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
Exercise of nil-cost options under the DSBP.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
0p
2,017
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
0p
2,017
e.
Date of the transaction
2020-09-25
f.
Place of the transaction
Outside a trading venue.
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
Sale of shares arising from the exercise of nil-cost options under the DSBP to offset income tax and social security liabilities due on the exercise.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
3,896p
772
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
3,896p
772
e.
Date of the transaction
2020-09-25
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
Table E - Sale of Shares to cover under sale
1.
Details of the person discharging managerial responsibilities / person closely associated
a
a.
Name
1. Stephen Wilson
2. Dan Hartley
2.
Reason for the notification
a.
Position/status
1. Chief Executive Officer
2. 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
Completion of sale of ordinary shares to offset income tax and social security liabilities due on the exercise of options on 21 September 2020.
c.
Price(s) and volume(s)
Price(s)
Volume(s)
1. 3,816p
193
2. 3,816p
93
d.
Aggregated information
· Aggregated volume
· Price
Price(s)
Volume(s)
1. 3,816p
193
2. 3,816p
93
e.
Date of the transaction
2020-09-25
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
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