REG - Genus - Director/PDMR Shareholding
15/09/2023 13:15
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RNS Number : 6487M Genus PLC 15 September 2023
15 September 2023
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that, further to the vesting on 14 September
2023 of conditional nil-cost options granted in 2020 under the Genus 2019
Performance Share Plan (the 'PSP'), as listed in table A below; and
conditional nil-cost options granted in 2020 under the Genus Deferred Share
Bonus Plan (the 'DSBP') as listed in table B below, members of the Genus
Executive Leadership Team ('GELT') sold ordinary shares in Genus on 14
September 2023 on the London Stock Exchange, to offset income tax and social
security liabilities due on the exercises and retained the balance of ordinary
shares.
Conditional nil-cost options granted under the PSP were subject to relevant
performance conditions, measured over a three-year performance period which
commenced on 1 July 2020 and ended on 30 June 2023. Following assessment of
the performance conditions, the Remuneration Committee determined that the
awards would vest at 36% of the original grant and the balance of the awards
have lapsed.
Genus also announces that, further to the vesting on 14 September 2023 of
conditional share awards granted in 2020 and 2022 under the Genus 2019
Performance Share Plan (the 'PSP'), as listed in table C below, Matt
Culbertson, a member of the Genus Executive Leadership Team ('GELT') sold
ordinary shares in Genus on 14 September 2023 on the London Stock Exchange, to
offset income tax and social security liabilities due on the releases and
retained the balance of ordinary shares.
Conditional share awards were granted to Matt Culbertson under the PSP prior
to him becoming a member of GELT. These conditional share awards were not
subject to company performance conditions.
The below notifications, made in accordance with Article 19 of the Market
Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of
the European Union (Withdrawal) Act 2018, give further detail on the number of
nil-cost options exercised and ordinary shares sold on 14 September 2023.
For further information please contact:
Genus:
Cara Guedeney, Deputy Company
Secretary
Tel: +44 (0)1256 347100
Table A - GELT 2019 Performance Share Plan Exercise
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name 1. Stephen Wilson
2. Matt Culbertson
3. Nate Zwald
4. Jerry Thompson
5. Dan Hartley
6. Angelle Rosata
2. Reason for the notification
a. Position/status 1. Executive Director
2. Chief Operating Officer Genus PIC
3. Chief Operating Officer Genus ABS Dairy
4. Chief Operating Officer Genus ABS Beef
5. Group General Counsel & Company Secretary
6. Group Human Resources Director
b. Initial notification Initial notification
/Amendment
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 Ordinary shares of 10p each
Financial instrument, type of instrument
Identification code
GB0002074580
b. Nature of the transaction Exercise of nil-cost options under the PSP.
c. Price(s) and volume(s) Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 0p 11,116
2. 0p 1,880
3. 0p 3,908
4. 0p 3,829
5. 0p 3,872
6. 0p 3,663
d. Aggregated information Price(s) Volume(s)
1. 0p 11,116
· Aggregated volume 2. 0p 1,880
3. 0p 3,908
· Price 4. 0p 3,829
5. 0p 3,872
6. 0p 3,663
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e. Date of the transaction 2023-09-14
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 Ordinary shares of 10p each
Financial instrument, type of instrument
Identification code
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) Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 2,142.2049p 5,241
2. 2,148.7598p 666
3. 2,146.7835p 1,968
4. 2,159.2511p 2,019
5. 2,143.1358p 1,826
6. 2,140.0000p 1,711
d. Aggregated information Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
· Aggregated volume
· Price
Price(s) Volume(s)
1. 2,142.2049p 5,241
2. 2,148.7598p 666
3. 2,146.7835p 1,968
4. 2,159.2511p 2,019
5. 2,143.1358p 1,826
6. 2,140.0000p 1,711
e. Date of the transaction 2023-09-14
f. Place of the transaction London Stock Exchange, Main Market (XLON)
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
1. 0p 11,116
2. 0p 1,880
3. 0p 3,908
4. 0p 3,829
5. 0p 3,872
6. 0p 3,663
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e.
Date of the transaction
2023-09-14
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)
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 2,142.2049p 5,241
2. 2,148.7598p 666
3. 2,146.7835p 1,968
4. 2,159.2511p 2,019
5. 2,143.1358p 1,826
6. 2,140.0000p 1,711
d.
Aggregated information
· Aggregated volume
· Price
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 2,142.2049p 5,241
2. 2,148.7598p 666
3. 2,146.7835p 1,968
4. 2,159.2511p 2,019
5. 2,143.1358p 1,826
6. 2,140.0000p 1,711
e.
Date of the transaction
2023-09-14
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. Name 1. Stephen Wilson
2. Matt Culbertson
3. Nate Zwald
4. Jerry Thompson
5. Dan Hartley
6. Angelle Rosata
2. Reason for the notification
a. Position/status 1. Executive Director
2. Chief Operating Officer Genus PIC
3. Chief Operating Officer Genus ABS Dairy
4. Chief Operating Officer Genus ABS Beef
5. Group General Counsel & Company Secretary
6. Group Human Resources Director
b. Initial notification Initial notification
/Amendment
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 Ordinary shares of 10p each
Financial instrument, type of instrument
Identification code
GB0002074580
b. Nature of the transaction Exercise of nil-cost options under the DSBP.
c. Price(s) and volume(s) Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 0p 8,079
2. 0p 1,810
3. 0p 1,518
4. 0p 1,511
5. 0p 1,651
6. 0p 1,538
d. Aggregated information Price(s) Volume(s)
1. 0p 8,079
· Aggregated volume 2. 0p 1,810
3. 0p 1,518
· Price 4. 0p 1,511
5. 0p 1,651
6. 0p 1,538
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e. Date of the transaction 2023-09-14
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 Ordinary shares of 10p each
Financial instrument, type of instrument
Identification code
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) Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 2,138.1111p 3,809
2. 2,157.7285p 641
3. 2,159.1111p 765
4. 2,154.0176p 797
5. 2,160.6444p 779
6. 2,140.0000p 719
d. Aggregated information Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
· Aggregated volume
· Price
Price(s) Volume(s)
1. 2,138.1111p 3,809
2. 2,157.7285p 641
3. 2,159.1111p 765
4. 2,154.0176p 797
5. 2,160.6444p 779
6. 2,140.0000p 719
e. Date of the transaction 2023-09-14
f. Place of the transaction London Stock Exchange, Main Market (XLON)
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
1. 0p 8,079
2. 0p 1,810
3. 0p 1,518
4. 0p 1,511
5. 0p 1,651
6. 0p 1,538
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e.
Date of the transaction
2023-09-14
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 DSBP to
offset income tax and social security liabilities due on the exercise.
c.
Price(s) and volume(s)
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 2,138.1111p 3,809
2. 2,157.7285p 641
3. 2,159.1111p 765
4. 2,154.0176p 797
5. 2,160.6444p 779
6. 2,140.0000p 719
d.
Aggregated information
· Aggregated volume
· Price
Numbers 1 to 6 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 2,138.1111p 3,809
2. 2,157.7285p 641
3. 2,159.1111p 765
4. 2,154.0176p 797
5. 2,160.6444p 779
6. 2,140.0000p 719
e.
Date of the transaction
2023-09-14
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
Table C - GELT 2019 Performance Share Plan Release
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Matt Culbertson
2. Reason for the notification
b. Position/status Chief Operating Officer Genus PIC
c. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
d. Name Genus plc
e. 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
f. Description of the Ordinary shares of 10p each
Financial instrument, type of instrument
Identification code
GB0002074580
g. Nature of the transaction Release of conditional share awards under the PSP.
h. Price(s) and volume(s)
Price(s) Volume(s)
0p 2,238
0p 584
i. Aggregated information Price(s) Volume(s)
0p 2,238
· Aggregated volume 0p 584
· Price
j. Date of the transaction 2023-09-14
k. 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 Ordinary shares of 10p each
Financial instrument, type of instrument
Identification code
GB0002074580
b. Nature of the transaction Sale of shares arising from the release of conditional share awards under the
PSP to offset income tax and social security liabilities due on the release.
c. Price(s) and volume(s)
Price(s) Volume(s)
2,120.3822p 793
2,120.3822p 208
d. Aggregated information
Price(s) Volume(s)
· Aggregated volume 2,120.3822p 793
2,120.3822p 208
· Price
e. Date of the transaction 2023-09-14
f. Place of the transaction London Stock Exchange, Main Market (XLON)
i.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
0p 2,238
0p 584
j.
Date of the transaction
2023-09-14
k.
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 release of conditional share awards under the
PSP to offset income tax and social security liabilities due on the release.
c.
Price(s) and volume(s)
Price(s) Volume(s)
2,120.3822p 793
2,120.3822p 208
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
2,120.3822p 793
2,120.3822p 208
e.
Date of the transaction
2023-09-14
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
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