REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

05/04/2024 16:15

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RNS Number : 5612J  Phoenix Group Holdings PLC  05 April 2024

 

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc Long Term
Incentive Plan (the "LTIP") and the Deferred Bonus Share Scheme (the "DBSS")

The Company was today informed that on 4 April 2024, the following Person
Discharging Managerial Responsibilities "PDMR" exercised their nil-cost
options over ordinary shares of 10 pence each in the Company under the LTIP
and DBSS granted on 21 March 2018 and 12 March 2021 respectively.

 

LTIP

 

Vesting of these options was subject to criteria relating to the Company's
performance over a three-year performance period to 31 December 2020 and the
options were then subject to a two-year holding period following the end of
the performance period. The options become exercisable for up to five-years
with effect from 21 March 2023.

 

 Name             Title            Number of options part-exercised  Number of shares sold  Sale price in

                                                                                            pence
 Quentin Zentner  General Counsel  3,712                             3,712                  551.5933

 

Income Tax and Employee National Insurance liabilities were paid on exercise.

 

DBSS

 

Vesting of these options was subject to a three-year holding period in respect
of the deferred bonus for the 2020 financial year to 31 December 2023.  The
options become exercisable for up to six-months with effect from 12 March
2024.

 

 Name             Title            Number of options exercised  Number of shares sold  Sale price in

                                                                                       pence
 Quentin Zentner  General Counsel  14,490                       14,490                 551.5933

 

Income Tax and Employee National Insurance liabilities were paid on exercise.

 

Notification and public disclosure of transactions by a person discharging
managerial responsibilities and persons closely associated with them.

 

The Notification of Dealing Forms for each PDMR can be found below. This
announcement is made in accordance with Article 19(3) of 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                                                         Quentin Zentner

 2    Reason for the notification

 a)   Position/status                                              General Counsel

 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 each

      Identification code

                                                                   GB00BGXQNP29
 b)   Nature of the transaction                                    Acquisition and sale of shares pursuant to the exercise of options under the

                                                            Company's DBSS and LTIP.

 c)   Price(s) and volume(s)

Item                   Price in pence  Volume(s)
                                                                   Sale of Shares - LTIP  551.5933        3,712

                                                            Sale of Shares - DBSS  551.5933        14,490

 d)   Aggregated information

      - Aggregated volume                                          18,202

      - Price                                                      551.5933

 e)   Date of the transaction                                      4 April 2024

 f)   Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

18,202

 

551.5933

 

e)

 

Date of the transaction

4 April 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

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