REG - Kainos Group plc - Director / PDMR shareholdings

KainosAnnouncement

Tue 11:30

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RNS Number : 1912O  Kainos Group plc  24 June 2025

24 June 2025

Kainos Group plc

("Kainos" or the "Company")

 

Director / PDMR shareholdings

 

The Company announces that on 23 June 2025, a share award approved by the
Board of Directors of the Company under the Kainos Group Performance Share
Plan (the "PSP Awards"), in the form of nominal value options over Ordinary
Shares were awarded to Brendan Mooney, following his re-appointment as CEO.
The PSP Award vests, other than in exceptional circumstances, over a three
year period from 23 June 2025 (subject to the provisions of the Executive
Director Shareholding Policy).  The performance conditions associated with
the PSP Awards are as follows:

 

(a)    40% of each PSP Award is subject to a performance condition based on
the Company's Earnings Per Share ("EPS") Growth measured over the three
financial years commencing 1 April 2024.  This portion of the PSP Award
will:

·    not vest at all if EPS Growth over the measurement period is less
than 5%;

·    vest in respect of 30% if EPS Growth over the measurement period is
5%;

·    vest in full if EPS Growth over the measurement period is 13% or
higher;

·    vest proportionately, calculated on a straight-line basis if EPS
Growth over the measurement period is higher than 5% but less than 13%.

 

(b)    30% of each PSP Award is subject to a performance condition based on
the Company's Total Shareholder Return ("TSR") performance compared with the
FTSE techMARK All-Share index ("Index") measured over the period of three
years commencing 1 April 2024.  This portion of the PSP Award will:

·    not vest at all if TSR performance over the measurement period is
below the mean average Index ("Initial Vesting Threshold");

·    vest in respect of 30% if the TSR performance is equal to the mean
average Index price;

·    vest in full if TSR performance over the measurement period is above
the mean average price growth for the FTSE techMARK All-Share index plus four
percentage points ("Upper Vesting Threshold");

·    vest proportionately, calculated on a straight-line basis if TSR
performance over the measurement period is greater than the Initial Vesting
Threshold but less than the Upper Vesting Threshold.

 

(c)    30% of each PSP Award is subject to a collection of performance
conditions associated with Kainos being a Responsible Company. This portion of
the PSP Award will vest as follows:

·    10% of the award will vest if by 31 March 2027 37% of Senior
Management Roles are held by women;

·    10% of the award will vest if by 31 March 2027 the latest available
Employee Engagement score equates to 7 or better as measured though our
employee engagement tool, Peakon, or such equivalent engagement measure as the
Committee considers appropriate;

·     5% of the award will vest if by 31 March 2027, there is a reduction
in the carbon intensity of Scope 3 greenhouse gas emissions of 45%;

·    5% of the award will vest if by 31 March 2027, the latest available
customer engagement score shows positive customer satisfaction as measured
through Net Promoter Score of (>30) or equivalent measure as the Committee
considers appropriate

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them.

 (A19 Market Abuse Regulation)

 

 1.                    Details of the person discharging managerial responsibilities / person closely
                       associated
 a.                    Name                                      Brendan Mooney
 2.                    Reason for the notification
 a.                    Position/status                           CEO
 b.                    Initial notification                      Initial

                       /Amendment
 3.                    Details of the issuer, emission allowance market participant, auction
                       platform, auctioneer or auction monitor
 a.                    Name                                      Kainos Group plc
 b.                    LEI                                       213800H2PQMIF3OVZY47
 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                        Options over Ordinary Shares of £0.005 each

                       Financial instrument/

                       type of instrument                        KNOS

                       Identification code
 b.                    Nature of the transaction                 PSP Share Award
 c.                    Price(s) and volume(s)

PSP Award(1)
                                                                 Exercise Price(s)  Volume(s)
                                                                 £0.005             2,936

 

                                                                 1.  Subject to the PSP Awards vesting criteria.

 d.                    Aggregated information

                       ·      Aggregated volume                  N/A

                       ·      Price
 e.                    Date of the transaction                   23-06-25
 f.                    Place of the transaction                  Outside a trading venue

 

1.  Subject to the PSP Awards vesting criteria.

 

 

d.

Aggregated information

·      Aggregated volume

·      Price

 

N/A

e.

Date of the transaction

23-06-25

f.

Place of the transaction

Outside a trading venue

Ends

 

For further information, please contact:

 

Kainos
   via FTI Consulting LLP

Brendan Mooney, Chief Executive Officer

Richard McCann, Chief Financial Officer

 

Investec Bank
plc
+44 20 7597 5970

Patrick Robb / Ben Griffiths / Nick Prowting

 

FTI Consulting
LLP
+44 20 3727 1000

Dwight Burden / Kwaku Aning

 

About Kainos

Kainos Group plc is a UK-headquartered provider of sophisticated IT services
to major public sector, commercial and healthcare customers.  Our shares are
listed on the London Stock Exchange (LSE: KNOS).

 

Our expertise spans three divisions:  Digital Services, Workday Services, and
Workday Products.

 

Digital Services

Our Digital Services customers face a range of business problems, including
the need to improve their customer service, reduce costs and increase
productivity. We help them to solve these problems by developing and
supporting custom digital service platforms. Our solutions enable customers
and their users to work smarter, faster and better, while ensuring the
platforms are secure, accessible and cost effective.

 

Workday Services

We are a respected partner to Workday Inc. in Europe and North America,
providing a comprehensive range of services to support customers deploying
Workday's Finance, HR and Planning products. Our experience in complex
deployments means we are trusted to launch, test, expand and support Workday
systems.

 

Workday Products

We have developed proprietary software products that complement Workday by
enhancing our customers' system security and compliance and improving their
document generation and storage. Over 550 global customers use one or more of
our products, with adoption growing rapidly.

 

Our people

Our people are central to our success. We have more than 2,800 people in 20
countries across Europe, Asia and the Americas.

 

Find out more

You can discover more about us at www.kainos.com
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.kainos.com%2F&data=05%7C02%7CG.Poole%40kainos.com%7C33ee173e4b2a438dee9308dd97760a89%7C7ed9bdc7964d4dc09084812b90e05c6d%7C0%7C0%7C638833255427785495%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=L3MOmPizQWrDJaoMcxiO1nYyjb%2BJ3YLaVSgICTlyytY%3D&reserved=0)
.

 

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