REG - Genus - Director/PDMR Shareholding
18/09/2024 11:30
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RNS Number : 7071E Genus PLC 18 September 2024
18 September 2024
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that, further to the vesting on 15 September
2024 of conditional nil-cost options granted in 2021 under the Genus 2019
Performance Share Plan (the 'PSP'), as listed in table A below; and
conditional nil-cost options granted in 2021 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 16
September 2024 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 2021 and ended on 30 June 2024. Following assessment of
the performance conditions, the Remuneration Committee determined that the
awards would vest at 50% of the original grant and the balance of awards have
lapsed.
Genus also announces that, further to the vesting on 15 September 2024 of
conditional share awards granted in 2021 and 2022 under the PSP, as listed in
table C below, Matt Culbertson, a member of GELT sold ordinary shares in Genus
on 16 September 2024 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, conditional share awards released, and ordinary
shares sold on 16 September 2024.
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. Matt Culbertson
2. Elena Rice
3. Jerry Thompson
4. Dan Hartley
5. Angelle Rosata
2. Reason for the notification
a. Position/status 1. Chief Operating Officer, Genus PIC
2. Chief Scientific Officer
3. Regional Director of ABS EMEA
4. Group General Counsel & Company Secretary
5. Chief Human Resources Officer
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 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 0p 1,736
2. 0p 3,689
3. 0p 3,618
4. 0p 3,828
5. 0p 3,332
d. Aggregated information Price(s) Volume(s)
1. 0p 1,736
· Aggregated volume 2. 0p 3,689
3. 0p 3,618
· Price 4. 0p 3,828
5. 0p 3,332
Numbers 1 to 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e. Date of the transaction 2024-09-16
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 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 1,969.0000p 729
2. 1,978.6804p 1,333
3. 1,956.8616p 1,525
4. 1,956.8565p 1,805
5. 1,939.0000p 1,249
d. Aggregated information Numbers 1 to 5 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. 1,969.0000p 729
2. 1,978.6804p 1,333
3. 1,956.8616p 1,525
4. 1,956.8565p 1,805
5. 1,939.0000p 1,249
e. Date of the transaction 2024-09-16
f. Place of the transaction London Stock Exchange, Main Market (XLON)
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
1. 0p 1,736
2. 0p 3,689
3. 0p 3,618
4. 0p 3,828
5. 0p 3,332
Numbers 1 to 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e.
Date of the transaction
2024-09-16
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 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 1,969.0000p 729
2. 1,978.6804p 1,333
3. 1,956.8616p 1,525
4. 1,956.8565p 1,805
5. 1,939.0000p 1,249
d.
Aggregated information
· Aggregated volume
· Price
Numbers 1 to 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 1,969.0000p 729
2. 1,978.6804p 1,333
3. 1,956.8616p 1,525
4. 1,956.8565p 1,805
5. 1,939.0000p 1,249
e.
Date of the transaction
2024-09-16
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. Matt Culbertson
2. Elena Rice
3. Jerry Thompson
4. Dan Hartley
5. Angelle Rosata
2. Reason for the notification
a. Position/status 1. Chief Operating Officer Genus PIC
2. Chief Scientific Officer
3. Regional Director of ABS EMEA
4. Group General Counsel & Company Secretary
5. Chief Human Resources Officer
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 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 0p 1,185
2. 0p 1,163
3. 0p 1,121
4. 0p 1,195
5. 0p 1,045
d. Aggregated information Price(s) Volume(s)
1. 0p 1,185
· Aggregated volume 2. 0p 1,163
3. 0p 1,121
· Price 4. 0p 1,195
5. 0p 1,045
Numbers 1 to 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e. Date of the transaction 2024-09-16
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 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 1,969.0000p 498
2. 1,980.9286p 420
3. 1,956.8541p 473
4. 1,956.8404p 564
5. 1,939.0000p 392
d. Aggregated information Numbers 1 to 5 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. 1,969.0000p 498
2. 1,980.9286p 420
3. 1,956.8541p 473
4. 1,956.8404p 564
5. 1,939.0000p 392
e. Date of the transaction 2024-09-16
f. Place of the transaction London Stock Exchange, Main Market (XLON)
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
1. 0p 1,185
2. 0p 1,163
3. 0p 1,121
4. 0p 1,195
5. 0p 1,045
Numbers 1 to 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
e.
Date of the transaction
2024-09-16
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 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 1,969.0000p 498
2. 1,980.9286p 420
3. 1,956.8541p 473
4. 1,956.8404p 564
5. 1,939.0000p 392
d.
Aggregated information
· Aggregated volume
· Price
Numbers 1 to 5 in the left-hand column correspond to the relevant PDMR as
detailed in boxes 1a and 2a above.
Price(s) Volume(s)
1. 1,969.0000p 498
2. 1,980.9286p 420
3. 1,956.8541p 473
4. 1,956.8404p 564
5. 1,939.0000p 392
e.
Date of the transaction
2024-09-16
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 1,487
0p 584
i. Aggregated information Price(s) Volume(s)
0p 1,487
· Aggregated volume 0p 584
· Price
j. Date of the transaction 2024-09-16
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)
1,961.7409p 625
1,961.7409p 246
d. Aggregated information
Price(s) Volume(s)
· Aggregated volume 1,961.7409p 625
1,961.7409p 246
· Price
e. Date of the transaction 2024-09-16
f. Place of the transaction London Stock Exchange, Main Market (XLON)
i.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
0p 1,487
0p 584
j.
Date of the transaction
2024-09-16
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)
1,961.7409p 625
1,961.7409p 246
d.
Aggregated information
· Aggregated volume
· Price
Price(s) Volume(s)
1,961.7409p 625
1,961.7409p 246
e.
Date of the transaction
2024-09-16
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
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