REG - Inchcape PLC - Director/PDMR Shareholding: Performance Share Plan
16/04/2025 18:00
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RNS Number : 3600F Inchcape PLC 16 April 2025
Inchcape plc
Grant of awards under the Inchcape Performance Share Plan (PSP) in 2025
Inchcape plc (Company) has granted awards under the PSP for 2025, with an
additional grant of a one-off PSP award to support the delivery of the
Accelerate+ strategy, in line with the remuneration policy approved by
shareholders at the 2023 annual general meeting. The performance targets for
the 2025 PSP awards are:
Normal PSP award
Three-year cumulative EPS (40% weighting) Vesting %
Less than 227p 0%
227p 25%
255p 100%
Between 227p and 255p Straight line basis
Three-year average ROCE (40% weighting) Vesting %
Less than 23% 0%
23% 25%
30% 100%
Between 23% and 30% Straight line basis
Cash conversion (20% weighting) Vesting %
Less than 57% 0%
57% 25%
67% 100%
Between 57% and 67% Straight line basis
One-off PSP award
Three-year cumulative EPS (100%) Vesting %
Less than 255p 0%
255p 25%
275p 100%
Between 255p and 275p Straight line basis
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mike Bowers
2 Reason for the notification
a) Position/status PDMR - CEO Americas
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 91,636 (PSP)
£0.00 35,636 (One-off award)
d) Aggregated information
- Aggregated volume 127,272
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
127,272
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Liz Brown
2 Reason for the notification
a) Position/status PDMR - Chief Strategy & Sustainability Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 83,320 (PSP)
£0.00 32,402 (One-off award)
d) Aggregated information
- Aggregated volume 115,722
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
115,722
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Helen Cunningham
2 Reason for the notification
a) Position/status PDMR - Chief People Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 85,955 (PSP)
£0.00 33,426 (One-off award)
d) Aggregated information
- Aggregated volume 119,381
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
119,381
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Phil Jenkins
2 Reason for the notification
a) Position/status PDMR - Chief M&A Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 75,914 (PSP)
£0.00 29,522 (One-off award)
d) Aggregated information
- Aggregated volume 105,436
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
105,436
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ruslan Kinebas
2 Reason for the notification
a) Position/status PDMR - CEO APAC
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 100,611 (PSP)
£0.00 39,126 (One-off award)
d) Aggregated information
- Aggregated volume 139,737
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
139,737
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Romeo Lacerda
2 Reason for the notification
a) Position/status PDMR - Chief Commercial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 101,454 (PSP)
£0.00 39,454 (One-off award)
d) Aggregated information
- Aggregated volume 140,908
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
140,908
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Adrian Lewis
2 Reason for the notification
a) Position/status PDMR - Group Chief Financial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 138,476 (PSP)
£0.00 53,852 (One-off award)
d) Aggregated information
- Aggregated volume 192,328
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
192,328
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Glafkos Persianis
2 Reason for the notification
a) Position/status PDMR - CEO Europe & Africa
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 96,720 (PSP)
£0.00 37,613 (One-off award)
d) Aggregated information
- Aggregated volume 134,333
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
134,333
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Duncan Tait
2 Reason for the notification
a) Position/status PDMR - Group Chief Executive
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Inchcape plc
b) LEI 213800RGEH1MPPNM2T57
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 Ordinary Shares of 10 pence each
Identification code
GB00B61TVQ02
b) Nature of the transaction Grant of options under the Inchcape Performance Share Plan and an additional
one-off award
c) Price(s) and volume(s) Price(s) Volume(s)
£0.00 259,899 (PSP)
£0.00 101,071 (One-off award)
d) Aggregated information
- Aggregated volume 360,970
- Price £0.00
e) Date of the transaction 14 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
360,970
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
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