Glenveagh Properties - Director/PDMR Shareholding

Glenveagh Properties

19/05/2026 17:11

RNS Number : 9756E

Glenveagh Properties plc

19 May 2026

 

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 

 [This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Stephen Garvey
Reason for the notification
a)
Position/status
Chief Executive Officer/PDMR
b)
Initial Notification Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Glenveagh Properties plc
b)
LEI
635400QUQ2YYGMOAK834
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
Glenveagh Properties plc Ordinary Shares of €0.001 each
ISIN: IE00BD6JX574
b)
Nature of the transaction
Grant of a one-off premium-priced share option award under the CEO Special Option Plan, as approved by shareholders at the 2026 AGM
c)
Price(s) and volume(s)
Price(s)
Volume(s)
€3.25
2,200,000
€3.50
2,200,000
€3.75
2,200,000
€4.00
2,200,000
€4.25
2,200,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 May 2026
f)
Place of the transaction
Outside a trading venue
g)
Additional Information
Subject to satisfaction of the conditions of the CEO Special Option Plan, the option award will vest and become exercisable at the relevant exercise price in five equal tranches on the dates set out below:
Price(s)
Volume(s)
Date of Vesting
€3.25
2,200,000
15 May 2030
€3.50
2,200,000
15 November 2030
€3.75
2,200,000
15 May 2031
€4.00
2,200,000
15 November 2031
€4.25
2,200,000
15 May 2032
The final exercise date of the option award is 15 May 2036.

 

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