REG - Phoenix Grp Hldgs - Director/PDMR Shareholding <Origin Href="QuoteRef">PHNX.L</Origin>

Phoenix groupAnnouncement

24/11/2016 16:30

RNS Number : 1128Q
Phoenix Group Holdings
24 November 2016
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The PDMR below was granted an award under the Long Term Incentive Plan ("LTIP") in 2013 over Ordinary Shares of 0.0001 each fully paid in the Company. The 2013 LTIP has now vested and participants are now able to exercise. The transacation disclosed below provides details on the total number of shares exercised and the number of shares sold to cover income tax and National Insurance.
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Simon True
2 
Reason for the notification 
a) 
Position/status 
Group Chief Actuary
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
b) 
LEI 
21380031B1D56JRCE375
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 
Identification code 
Phoenix Group Holdings Ordinary Shares of 0.0001
KYG7091M1096
b) 
Nature of the transaction 
Exercise of Awards under the Phoenix Group's Long Term Incentive Plan - Acquisition and Sale
c) 
Price(s) and volume(s) 
Acquisition of shares on exercise of share award
Sale of shares to satisfy income tax and NICs liability
53,470 
(Nil)
25,208 
(7.27)
d) 
Aggregated information 
- Aggregated volume 
- Price 
See 4 c) above
See 4 c) above
e) 
Date of the transaction 
23 November 2016
f) 
Place of the transaction 
London

This information is provided by RNS
The company news service from the London Stock Exchange
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