REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

26/03/2025 16:00

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RNS Number : 3605C  Phoenix Group Holdings PLC  26 March 2025

26 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 25 March 2025, the following Person
Discharging Managerial Responsibilities "PDMRs" exercised their nil-cost
options over ordinary shares of 10 pence each in the Company under a LTIP Buy
Out award granted on 14 August 2020 ("2020 LTIP Buy Out"), a LTIP Joining
award granted on 14 August 2020 ("2020 LTIP Joining") and the DBSS granted on
18 March 2022.

 

LTIP

Vesting of options under the 2020 LTIP Buy Out were subject to criteria
relating to the Company performance over a three-year period to 31 December
2022. The number of options acquired includes dividend equivalent shares
awarded at vest.

 

 Name            Title                           Plan               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)
 Michael Eakins  Group Chief Investment Officer  2020 LTIP Joining  54,089                       25,626                                                       28,463                 575.237
 Michael Eakins  Group Chief Investment Officer  2020 LTIP Buy Out  52,229                       24,745                                                       27,484                 575.237

 

 

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 relate to the dividend equivalent shares awarded at
vest.

 

 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)
 Michael Eakins  Group Chief Investment Officer  73,001                       34,586                                                       38,415                 575.237

 

Notification and public disclosure of transactions by a person discharging
managerial responsibilities

 

The Notification of Dealing Forms for the 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                                                         Michael Eakins

 2    Reason for the notification

 a)   Position/status                                              Group Chief Investment 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 Buy

                                                            Out, LTIP Joining and DBSS Award and sale of shares to cover tax liabilities

 c)   Price(s) and volume(s)

Item                              Price(s) in pence  Volume(s)
                                                                   Exercise of LTIP Joining options  Nil                54,089

                                                            Exercise of LTIP Buy Out options  Nil                52,229
                                                                   Exercise of DBSS options          Nil                73,001
                                                                   Sale of Shares - LTIP Joining     575.237            25,626
                                                                   Sale of Shares - LTIP Buy Out     575.237            25,745
                                                                   Sale of Shares - DBSS             575.237            34,586
 d)   Aggregated information

      - Aggregated volume                                          84,957

      - Price                                                      575.237

 e)   Date of the transaction                                      25 March 2025

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

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

84,957

 

575.237

 

e)

 

Date of the transaction

25 March 2025

f)

Place of the transaction

 London Stock Exchange (XLON)

 

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