REG - JD Sports Fashion - Director/PDMR Shareholding

JD Sports FashionAnnouncement

13/01/2023 12:00

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RNS Number : 7070M  JD Sports Fashion Plc  13 January 2023

JD Sports Fashion Plc

13 January 2023

 

JD Sports Fashion Plc

Grant of Buyout Award to Chief Executive Officer

Notification of Director/PDMR Shareholding

 

Further to the announcement on 20 December 2022, JD Sports Fashion Plc ('JD'
or the 'Company') the leading retailer of sports, fashion, and outdoor
brands, announces that on 13 January 2023, Régis Schultz, the Company's
Chief Executive Officer (CEO), acquired 996,066 of ordinary shares of 0.05
pence each in the Company. The shares were granted as a buyout award valued
following his recent appointment. The buyout award granted is of equivalent
value to the cash annual bonus, that was due to be paid to the CEO by his
previous employer, which he forfeited upon commencing employment with the
Company on 1 September 2022.

The buyout award has been delivered in shares (after application of tax and
social security) in order to give Régis Schultz a stake in the business and
align with the interests of shareholders.

The shares pursuant to this award are subject to the ongoing shareholding
requirement recently introduced at the General Meeting as well as malus and
clawback provisions, in line with the Directors' Remuneration Policy. The CEO
has committed to retain the shares under the buyout award in order to build up
to the shareholding requirement.

Following this award, Regis Schultz has a total interest in 996,066 shares,
representing 0.02% of the issued share capital of the Company.

 

The Notification of Dealing Form set out below is provided in accordance with
the requirements of the UK Market Abuse Regulation.

 

 

Enquiries:

 

JD Sports Fashion
Plc                                                                                  Tel:
0161 767 1000

Andrew Higginson, Chair

Régis Schultz, Chief Executive Officer

Neil Greenhalgh, Chief Financial Officer

Nim Cassidy, General Counsel and Company Secretary

 

FGS
Global
Tel: 0207 251 3801

Rollo Head

Jenny Davey

James Thompson

 

 

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Régis Schultz
 2.  Reason for the notification
 a)  Position / status                                            Chief Executive Officer
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         JD Sports Fashion Plc
 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 in JD Sports Fashion Plc of 0.05 pence each

     Identification code                                           GB00BM8Q5M07
 b)  Nature of the transaction                                    Acquisition of shares pursuant to the buyout award
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       996,066

 
 d)  Aggregated information

Price(s)  Volume(s)
                                                                  Nil       996,066

 e)  Date of the transaction                                      13 January 2023
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 

 Price(s)  Volume(s)
 Nil       996,066

e)

Date of the transaction

13 January 2023

f)

Place of the transaction

Outside a trading venue

 

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