REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

03/04/2023 17:30

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RNS Number : 2209V  Phoenix Group Holdings PLC  03 April 2023

 

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc Long Term
Incentive Plan (the "LTIP")

 

The Company announces that on 31 March 2023 the following Person Discharging
Managerial Responsibilities "PDMR" exercised the dividend element of their
nil-cost options over ordinary shares of 10 pence each in the Company under
the LTIP granted on 13 March 2020. The award element of the LTIP was exercised
on 22 March 2023.

 

 

LTIP

 

Vesting of the original award was subject to criteria relating to the
Company's performance over a three-year performance period to 31 December
2022. Claire Hawkins was granted this award when not a PDMR with no additional
two-year holding period applied. The options became exercisable for up to
seven-years with effect from 13 March 2023.

 

 Name            Title                                                Number of ordinary shares acquired of 10 pence each on exercise of options
 Claire Hawkins  Corporate Affairs & Investor Relations Director      1,919

 

The Income Tax and National Insurance liabilities arising at exercise has been
self-funded by Claire Hawkins. The gross number of options have been
exercised.

Notification and public disclosure of transaction by person discharging
managerial responsibilities.

 

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                                                         Claire Hawkins

 2    Reason for the notification

 a)   Position/status                                              Corporate Affairs & Investor Relations Director/PDMR

 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 10 pence

      Identification code

                                                                   GB00BGXQNP29
 b)   Nature of the transaction                                    Exercise of options under the Company's LTIP (self-funded tax payment)

 c)   Price(s) and volume(s)

Item                      Price(s)  Volume(s)
                                                                   Exercise of LTIP Options  nil       1,919

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price
 e)   Date of the transaction                                      31 March 2023

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A

e)

 

Date of the transaction

31 March 2023

f)

Place of the transaction

Outside a trading venue

 

 

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