REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

15/03/2023 17:30

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RNS Number : 1237T  Phoenix Group Holdings PLC  15 March 2023

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc Deferred
Bonus Share Scheme (the "DBSS")

 

The Company announces that on 14 March 2023, the following Persons Discharging
Managerial Responsibilities "PDMRs" exercised their nil-cost options over
ordinary shares of £0.10 each in the Company under the DBSS granted on 13
March 2020.

 

DBSS

 

Vesting of these options was subject to a three-year holding period in respect
of the deferred bonus for the 2019 financial year to 31 December 2022.  The
options become exercisable for up to 6 months with effect from 13 March 2023.
 

 

 Name            Title               Number of ordinary shares acquired of £0.10 each on exercise of options
 Jonathan Pears  Chief Risk Officer  10,778

 

In order to meet the income tax and national insurance liabilities arising on
the exercise of the options, the following numbers of shares were sold on 14
March 2023 at a price of £5.796981 per share:

 

 Name            Title               Number of ordinary shares of £0.10 each sold for tax/NIC purposes
 Jonathan Pears  Chief Risk Officer  5,215

 

 

 

Notification and public disclosure of transactions by persons discharging
managerial

 

The Notification of Dealing Forms for each PDMR can be found below. This
announcement is made in accordance with the UK Markets Abuse Regulation
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jonathan Pears

 2    Reason for the notification

 a)   Position/status                                              Chief Risk Officer

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Phoenix Group Holdings plc

 b)   LEI                                                          2138001P49OLAEU33T68

 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

                                                                   Phoenix Group Holdings plc ordinary shares of £0.10

      Identification code

                                                                   GB00BGXQNP29
 b)   Nature of the transaction                                    Exercise of options under the Company's DBSS and sale of shares to cover tax

                                                            and NI.

 c)   Price(s) and volume(s)

Item                   Price(s)  Volume(s)
                                                                   Exercise of  Options   nil       10,778

                                                            Sale of Shares         5.796981  5,215

 d)   Aggregated information

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      14 March 2023

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

e)

 

Date of the transaction

14 March 2023

f)

Place of the transaction

Outside a trading venue

Enquiries:

 Media                                                             Investors
 Douglas Campbell                                                  Claire Hawkins, Corporate Affairs Director, Phoenix Group

+44 (0) 204 559 3161
 Teneo

                                                                 Andrew Downey, Investor Relations Director, Phoenix Group
 +44 (0)7753 136628

                                                                 +44 (0) 204 559 3145
 Shellie Wells, Corporate Communications Director, Phoenix Group

 +44 (0) 204 559 3031

 

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