LTIP Awards

Kistos Holdings

04/03/2026 07:00

RNS Number : 2126V

Kistos Holdings PLC

04 March 2026

 

4 March 2026

Kistos Holdings plc

("Kistos" or the "Company")

Performance-based Restricted Share Unit Awards (the "LTIP Awards")

On 2 March 2026, the Company granted LTIP Awards over a total of 1,008,649 Ordinary Shares under the Plan1, including 850,930 to the following Executive Directors:

Executive Director / PDMR
Role
Number of Ordinary Shares over which LTIP Awards are granted
Andrew Austin
Executive Chairman
324,164
Peter Mann
Chief Executive Officer
283,643
James Thomson
Chief Financial Officer
243,123

 

1 Kistos Holdings plc 2021 Equity Incentive Plan ("the Plan")

The number of Ordinary Shares over which the LTIP Awards were granted was based on a percentage of base salary, converted into a number of Ordinary Shares using a share price of 180 pence per Ordinary Share, being the average mid-market closing share price for the five business days prior to the vesting commencement date, as derived from the London Stock Exchange daily official list.

In summary, the vesting of the LTIP Awards is dependent on continued employment and the achievement of performance conditions against certain Total Shareholder Returns and strategic targets, tested over a three-year performance period commencing on 1 January 2026.

The notifications set out at the end of this announcement, made in accordance with UK MAR, provide further detail in relation to the LTIP Awards granted.

Bonus Restricted Share Unit Awards (the "Bonus RSU Awards")

The Remuneration Committee has decided to defer a portion of the 2025 bonus outcome into an award to be granted as Bonus RSU Awards.

On 2 March 2026, the Company granted Bonus RSU Awards over a total of Kistos487,196 Ordinary Shares under the Plan, including 330,459 to the following Executive Directors:

Executive Director / PDMR
Role
Number of Ordinary Shares over which Bonus RSU Awards are granted
Andrew Austin
Executive Chairman
125,889
Peter Mann
Chief Executive Officer
110,153
James Thomson
Chief Financial Officer
94,417

 

The number of Ordinary Shares over which the Bonus Awards were granted was based on a proportion of annual bonus, converted into a number of Ordinary Shares using the same methodology as for the LTIP Awards.

The Bonus RSU Awards vest over a two-year period, one-third vesting on the first anniversary of the vesting commencement date and the remaining two-thirds on the second anniversary of the vesting commencement date.  No further performance conditions apply.

The notifications set out at the end of this announcement, made in accordance with UK MAR, provide further detail in relation to the Bonus RSU Awards granted.

Enquiries

 

Kistos Holdings plc
Andrew Austin / Peter Mann
via Hawthorn Advisors
Panmure Gordon (NOMAD, Joint Broker)
James Sinclair-Ford / Freddie Wooding / Mark Murphy / Sam Elder
Tel: 0207 886 2500
Berenberg (Joint Broker)
Matthew Armitt / Ciaran Walsh
Tel: 0203 207 7800
Hawthorn Advisors (Public Relations Advisor)
Henry Lerwill / Simon Woods
Tel: 0203 745 4960
Camarco (Public Relations Advisor)
Billy Clegg
Tel: 0203 757 4983

 

 

 

 

 

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closed associated with them.

 

The below notifications are made in accordance with the requirements of UK MAR.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Andrew Austin
Reason for the notification
a)
Position/status
Executive Chairman
b)
Initial Notification Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Kistos Holdings plc
b)
LEI
213800L2ET5KEP3OMV07
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
Ordinary shares of £0.1 each
ISIN: GB00BLF7NX68
b)
Nature of the transaction
Grant of two restricted share unit awards under the Company's 2021 Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0
324,164
£0
125,889
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
£0
450,053
e)
Date of the transaction
2 March 2026
f)
Place of the transaction
N/A
g)
Additional Information
N/A

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Peter Mann
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
Kistos Holdings plc
b)
LEI
213800L2ET5KEP3OMV07
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
Ordinary shares of £0.1 each
ISIN: GB00BLF7NX68
b)
Nature of the transaction
Grant of two restricted share unit awards under the Company's 2021 Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0
283,643
£0
110,153
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
£0
393,796
e)
Date of the transaction
2 March 2026
f)
Place of the transaction
N/A
g)
Additional Information
N/A

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
James Thomson
Reason for the notification
a)
Position/status
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
Kistos Holdings plc
b)
LEI
213800L2ET5KEP3OMV07
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
Ordinary shares of £0.1 each
ISIN: GB00BLF7NX68
b)
Nature of the transaction
Grant of two restricted share unit awards under the Company's 2021 Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0
243,123
£0
94,417
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
£0
337,540
e)
Date of the transaction
2 March 2026
f)
Place of the transaction
N/A
g)
Additional Information
N/A

 

 

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