REG - Phoenix Group Hldgs - Director/PDMR Shareholding
19/03/2025 16:30
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250319:nRSS3557Ba&default-theme=true
RNS Number : 3557B Phoenix Group Holdings PLC 19 March 2025
19 March 2025
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 18 March 2025, the following Persons
Discharging Managerial Responsibilities "PDMRs" exercised their nil-cost
options over ordinary shares of 10 pence each in the Company under the LTIP's
granted on 11 March 2019 (2019 LTIP) and 13 March 2020 (2020 LTIP)
respectively and the DBSS granted on 18 March 2022.
LTIP
Vesting of these options was subject to criteria relating to the Company
performance over a three-year period to 31 December 2021 (2019 LTIP) and 31
December 2022 (2020 LTIP) and the options were then subject to a two-year
holding period. The number of options acquired includes dividend equivalent
shares.
Name Title Award Number of options exercised Number of ordinary shares sold Sale price per share (in pence)
Quentin Zentner General Counsel 2019 LTIP 3,712 3,712 579.633
Quentin Zentner General Counsel 2020 LTIP 39,915 39,915 579.633
Income Tax and Employee National Insurance liabilities were paid on exercise
through the sale of shares. All shares were sold.
Name Title Award Number of options exercised Number of ordinary shares sold to cover Tax and Employee NI Number of ordinary shares held Sale price per share (in pence)
Andrew Briggs Group Chief Executive Officer 2020 LTIP 225,183 106,686 118,497 581.750
DBSS
Vesting of these options was subject to a three-year holding period in respect
of the deferred bonus for the financial year ended 31 December 2021. The
number of options acquired include dividend equivalent shares.
Name Title Number of options exercised Number of ordinary shares sold Sale price per share (in pence)
Quentin Zentner General Counsel 25,060 25,060 579.633
Tom Ground Chief Executive Officer, Retirement Solutions 24,755 24,755 581.263
Income Tax and Employee National Insurance liabilities were paid on exercise
through the sale of shares. All the shares were sold.
Name Title Number of options exercised Number of ordinary shares sold to cover Tax and Employee NI Number of shares held Sale price per share (in pence)
Andrew Briggs Group Chief Executive Officer 94,770 44,900 49,870 581.019
Notification and public disclosure of transactions by a person discharging
managerial responsibilities
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
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 of shares pursuant to the exercise of options under the Company's
DBSS and LTIP and sale of all shares
c) Price(s) and volume(s)
Item Price(s) in pence Volume(s)
Exercise of LTIP options - 2019 LTIP Nil 3,712
Exercise of LTIP options - 2020 LTIP Nil 39,915
Exercise of DBSS options Nil 25,060
Sale of Shares - 2019 LTIP 579.633 3,712
Sale of Shares - 2020 LTIP 579.633 39,915
Sale of Shares - DBSS 579.633 25,060
d) Aggregated information
- Aggregated volume 68,687
- Price 579.633
e) Date of the transaction 18 March 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
68,687
579.633
e)
Date of the transaction
18 March 2025
f)
Place of the transaction
London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities
a) Name Andrew Briggs
2 Reason for the notification
a) Position/status Group 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 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 of shares pursuant to the exercise of options for the LTIP and
DBSS Award and sale of shares to cover tax liabilities
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Exercise of LTIP Options - 2020 LTIP nil 225,183
Exercise of DBSS Options nil 94,770
Sale of Shares - 2020 LTIP 581.750 106,686
Sale of Shares - DBSS 581.019 44,900
d) Aggregated information
- Aggregated volume 151,586
- Price 581.533
e) Date of the transaction 18 March 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
151,586
581.533
e)
Date of the transaction
18 March 2025
f)
Place of the transaction
London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities
a) Name Tom Ground
2 Reason for the notification
a) Position/status Chief Executive Officer, Retirement Solutions
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 of shares pursuant to the exercise of options under the Company's
DBSS and sale of all shares
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Exercise of DBSS options Nil 24,755
Sale of Shares - DBSS 581.263 24,755
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 18 March 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
18 March 2025
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHQKLFFEXLLBBZRecent news on Phoenix group
See all newsREG - Phoenix Group Hldgs - Result of AGM
AnnouncementREG - Phoenix Group Hldgs - Director/PDMR Shareholding
AnnouncementREG - Phoenix Group Hldgs - Total Voting Rights
AnnouncementREG - Phoenix Group Hldgs - Director/PDMR Shareholding
AnnouncementREG - Phoenix Group Hldgs - Director/PDMR Shareholding
Announcement