REG - Kistos Holdings PLC - LTIP Awards

Kistos HoldingsAnnouncement

04/03/2026 07:02

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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 Plan(1), 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                                                 via Hawthorn Advisors

 Andrew Austin / Peter Mann

 Panmure Gordon (NOMAD, Joint Broker)                                Tel: 0207 886 2500

 James Sinclair-Ford / Freddie Wooding / Mark Murphy / Sam Elder

 Berenberg (Joint Broker)                                            Tel: 0203 207 7800

 Matthew Armitt / Ciaran Walsh

 Hawthorn Advisors (Public Relations Advisor)                        Tel: 0203 745 4960

 Henry Lerwill / Simon Woods

 Camarco (Public Relations Advisor)                                  Tel: 0203 757 4983

 Billy Clegg

 

 

 

 

 

 

 

 

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,   Ordinary shares of £0.1 each

     type  of

     instrument                                  ISIN:  GB00BLF7NX68

     Identification code

 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

Price(s)  Volume(s)
     - Aggregated volume                         £0        450,053

     - Price
 e)  Date of the transaction                     2 March 2026
 f)  Place of the transaction                    N/A

 g)  Additional Information                      N/A

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,   Ordinary shares of £0.1 each

     type  of

     instrument                                  ISIN:  GB00BLF7NX68

     Identification code

 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

Price(s)  Volume(s)
     - Aggregated volume                         £0        393,796

     - Price
 e)  Date of the transaction                     2 March 2026
 f)  Place of the transaction                    N/A

 g)  Additional Information                      N/A

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,   Ordinary shares of £0.1 each

     type  of

     instrument                                  ISIN:  GB00BLF7NX68

     Identification code

 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

Price(s)  Volume(s)
     - Aggregated volume                         £0        337,540

     - Price
 e)  Date of the transaction                     2 March 2026
 f)  Place of the transaction                    N/A

 g)  Additional Information                      N/A

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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