REG - Phoenix Group Hldgs - Director/PDMR Shareholding
01/04/2025 15:00
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RNS Number : 1960D Phoenix Group Holdings PLC 01 April 2025
1 April 2025
Phoenix Group Holdings plc (the "Company")
Grant of Awards under the Phoenix Group Holdings plc 2018 Deferred Bonus Share
Scheme (the "DBSS") and the Phoenix Group Holdings plc 2018 Long Term
Incentive Plan (the "LTIP")
The Company announces that on 1 April 2025, the following Persons Discharging
Managerial Responsibilities "PDMRs" were granted awards over Ordinary Shares
of £0.10 each in the Company under the 2018 DBSS and LTIP schemes. The number
of shares was calculated using a market price of £5.7233, being the average
market share price for the three days preceding the award date.
DBSS
Name Position Number of shares subject to award Vesting Date Date Exercisable
Andrew Briggs Chief Executive Officer 115,603 1 April 2028 1 April 2028
Nicolaos Nicandrou Group Chief Financial Officer 8,771 1 April 2028 1 April 2028
Arlene Cairns Life CFO & Group Performance Director 11,970 1 April 2028 1 April 2028
Andrew Curran Chief Executive Officer, Standard Life 58,676 1 April 2028 1 April 2028
Michael Eakins Group Chief Investment Officer 85,980 1 April 2028 1 April 2028
Dean Galligan Chief Capital Officer 14,277 1 April 2028 1 April 2028
Tom Ground CEO - Retirement Solutions 53,261 1 April 2028 1 April 2028
Claire Hawkins Director of Corporate Affairs & Brand 33,738 1 April 2028 1 April 2028
Brid Meaney Group Chief Risk Officer 43,531 1 April 2028 1 April 2028
Jacqueline Noakes Chief Operating Officer 45,175 1 April 2028 1 April 2028
Sara Thompson Chief People Officer 31,877 1 April 2028 1 April 2028
Colin Williams Chief Executive Officer, Pensions and Savings 46,160 1 April 2028 1 April 2028
Quentin Zentner Group General Counsel 30,016 1 April 2028 1 April 2028
The above awards were granted as nil cost options in respect of the deferred
bonus for the 2024 financial year.
LTIP
Name Position Performance Award Number of Shares Vesting Date Date Exercisable
Andrew Briggs Chief Executive Officer 416,346 1 April 2028 1 April 2030
Nicolaos Nicandrou Group Chief Financial Officer 350,759 1 April 2028 1 April 2030
Arlene Cairns Life CFO & Group Performance Director 46,063 1 April 2028 1 April 2030
Andrew Curran Chief Executive Officer, Standard Life 136,602 1 April 2028 1 April 2030
Michael Eakins Group Chief Investment Officer 120,718 1 April 2028 1 April 2030
Dean Galligan Chief Capital Officer 46,063 1 April 2028 1 April 2030
Tom Ground CEO - Retirement Solutions 117,541 1 April 2028 1 April 2030
Claire Hawkins Director of Corporate Affairs & Brand 60,359 1 April 2028 1 April 2030
Brid Meaney Group Chief Risk Officer 104,834 1 April 2028 1 April 2030
Jacqueline Noakes Chief Operating Officer 115,953 1 April 2028 1 April 2030
Sara Thompson Chief People Officer 60,359 1 April 2028 1 April 2030
Colin Williams Chief Executive Officer, Pensions and Savings 112,776 1 April 2028 1 April 2030
Quentin Zentner Group General Counsel 58,770 1 April 2028 1 April 2030
The above awards were granted as nil cost options which are subject to
criteria relating to the Company's performance over the three-year performance
period to 31 December 2027. The awards will be subject to a two-year holding
period from the vesting date.
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
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 £0.10
Identification code
GB00BGXQNP29
b) Nature of the transaction a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 115,603
a.
b. Nil 416,346
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Nicolaos Nicandrou
2 Reason for the notification
a) Position/status Group Chief Financial 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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 8,771
a.
b. Nil 350,759
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Arlene Cairns
2 Reason for the notification
a) Position/status Life CFO & Group Performance Director
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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 11,970
a.
b. Nil 46,063
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Andrew Curran
2 Reason for the notification
a) Position/status Chief Executive Officer, Standard Life
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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 58,676
a.
b. Nil 136,602
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
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 £0.10
Identification code
GB00BGXQNP29
b) Nature of the transaction a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 85,980
a.
b. Nil 120,718
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Dean Galligan
2 Reason for the notification
a) Position/status Chief Capital 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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 14,277
a.
b. Nil 46,063
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Tom Ground
2 Reason for the notification
a) Position/status CEO - 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 £0.10
Identification code
GB00BGXQNP29
b) Nature of the transaction a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 53,261
a.
b. Nil 117,541
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Claire Hawkins
2 Reason for the notification
a) Position/status Director of Corporate Affairs & Brand
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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 33,738
a.
b. Nil 60,359
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Brid Meaney
2 Reason for the notification
a) Position/status CRO Phoenix Group
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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 43,531
a.
b. Nil 104,834
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Jacqueline Noakes
2 Reason for the notification
a) Position/status Group Chief Operating 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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 45,175
a.
b. Nil 115,953
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Sara Thompson
2 Reason for the notification
a) Position/status Chief People 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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 31,877
a.
b. Nil 60,359
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Colin Williams
2 Reason for the notification
a) Position/status CEO - Pensions and Savings
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 a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 46,160
a.
b. Nil 112,776
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities
a) Name Quentin Zentner
2 Reason for the notification
a) Position/status Group 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 £0.10
Identification code
GB00BGXQNP29
b) Nature of the transaction a. Grant of an Award at nil cost option under the Company's 2018 Deferred
Bonus Share Scheme
b. Grant of Awards at nil cost option under the Company's 2018 Long Term
Incentive Plan
c) Price(s) and volume(s)
Item Price(s) Volume(s)
Nil 30,016
a.
b. Nil 58,770
d) Aggregated information
- Aggregated volume
Nil
- Price
e) Date of the transaction 1 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Nil
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
Outside a trading venue
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