REG - Pinewood Tech Gp PLC - Director/PDMR Shareholding

Pinewood TechnologiesAnnouncement

12/06/2025 14:45

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RNS Number : 6470M  Pinewood Technologies Group PLC  12 June 2025

12 June 2025

Pinewood Technologies Group PLC (the "Company") Notification and public disclosure of transactions by PDMRs

 

Conditional awards under the Pinewood Technologies Group Long Term Incentive
Plan ("LTIP")

 

The Company announces that it has granted awards in the form of conditional
share awards ("LTIP Awards") over ordinary shares of the Company of £1.00
each ("Shares") pursuant to the Company's LTIP on 12 June 2025 to the
Executive Directors listed below:-

 

 Director        Number of Shares under LTIP Award
 William Berman  232,194
 Oliver Mann     98,013

 

The normal vesting date of the LTIP Awards will be the third anniversary of
the grant date. Vesting of the LTIP Awards is subject to continued service and
satisfaction performance conditions relating absolute Total Shareholder Return
(70% weighting) and the number of North American stores the Pinewood system
has been implemented in (30% weighting).

 

In addition to the above performance conditions, the LTIP Awards are also
subject to an underpin that the Remuneration Committee must be satisfied that
the share price performance of the Company reflects the Company's underlying
financial performance over the three year performance period. To the extent
that the underpin is not considered to be met, the Remuneration Committee
retains the discretion to reduce award levels appropriately (including to
zero).

 

A holding period of two years from the date of vesting applies to the LTIP
Awards granted to the Executive Directors (and any Shares resulting from the
LTIP Awards).

 

Conditional awards under the Pinewood Technologies Group Deferred Share Plan ("DSP")

 

The Company announces that it has granted awards in the form of conditional
share awards ("DSP Awards") over Shares pursuant to the Company's DSP on 12
June 2025 to the Executive Directors listed below:-

 

 Director        Number Shares under DSP Award
 William Berman  56,357
 Oliver Mann     19,602

 

The DSP Awards will ordinarily become exercisable on the third anniversary of
grant subject to the participant's continued service.

 

The following notifications are made in accordance with the requirements of
Article 19 of the UK Market Abuse Regulation.

 

 

 

 1   Details of the person discharging managerial responsibilities/persons

     closely associated
 a)  Name                                 William Berman
 2   Reason for notification

 a)  Position/Status               Chief Executive Officer
 b)  Initial                       Initial notification

     notification/amendment
 3   Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor
 a)  Name                          Pinewood Technologies Group PLC
 b)  LEI                           213800VRSPZFOGMMIS18
 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                              Ordinary Shares of £1.00 each ISIN: GB00BSB7BS06

     instrument, type of instrument and identification code
 b)  Nature of transaction                                       Grant of a conditional share award over Shares under the Company's Long Term

                                                                 Incentive Plan
 c)  Price(s) and volume(s)                                      Price(s)  Volume(s)
                                                                 Nil       232,194

 

 

 

 d)  Aggregated Information                                      Not applicable - single transaction
 e)  Date of transaction                                         12 June 2025
 f)  Place of transaction                                        Outside of a trading venue

 

 

d)

Aggregated Information

Not applicable - single transaction

e)

Date of transaction

12 June 2025

f)

Place of transaction

Outside of a trading venue

 

 1   Details of the person discharging managerial responsibilities/persons

     closely associated
 a)  Name                          Oliver Mann
 2   Reason for notification
 a)  Position/Status               Chief Financial Officer
 b)  Initial                       Initial notification

     notification/amendment
 3   Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor
 a)  Name                          Pinewood Technologies Group PLC
 b)  LEI                           213800VRSPZFOGMMIS18
 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                              Ordinary Shares of £1.00 each ISIN: GB00BSB7BS06

     instrument, type of instrument and identification code
 b)  Nature of transaction                                       Grant of a conditional share award over Shares under the Company's Long Term

                                                                 Incentive Plan
 c)  Price(s) and volume(s)                                      Price(s)  Volume(s)
                                                                 Nil       98,013

 

 

 

 d)  Aggregated Information                                      Not applicable - single transaction
 e)  Date of transaction                                         12 June 2025
 f)  Place of transaction                                        Outside of a trading venue

 

 

d)

Aggregated Information

Not applicable - single transaction

e)

Date of transaction

12 June 2025

f)

Place of transaction

Outside of a trading venue

 1   Details of the person discharging managerial responsibilities/persons

     closely associated
 a)  Name                            William Berman
 2   Reason for notification
 a)  Position/Status                 Chief Executive Officer
 b)  Initial                         Initial notification

     notification/amendment
 3   Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor
 a)  Name                            Pinewood Technologies Group PLC
 b)  LEI                             213800VRSPZFOGMMIS18
 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     Ordinary Shares of £1.00 each ISIN: GB00BSB7BS06

     and identification code
 b)  Nature of transaction                                           Grant of a conditional share award over

                                                                     Shares under the Company's Deferred Share Plan
 c)  Price(s) and volume(s)                                          Price(s)  Volume(s)
                                                                     Nil       56,357

 

 

 

 d)  Aggregated Information                                          Not applicable - single transaction
 e)  Date of transaction                                             12 June 2025
 f)  Place of transaction                                            Outside of a trading venue

 

 

 

d)

Aggregated Information

Not applicable - single transaction

e)

Date of transaction

12 June 2025

f)

Place of transaction

Outside of a trading venue

 

 1   Details of the person discharging managerial responsibilities/persons

     closely associated
 a)  Name                          Oliver Mann
 2   Reason for notification
 a)  Position/Status               Chief Financial Officer
 b)  Initial                       Initial notification

     notification/amendment
 3   Details of the issuer, emission allowance market participant, auction

     platform, auctioneer or auction monitor
 a)  Name                          Pinewood Technologies Group PLC
 b)  LEI                           213800VRSPZFOGMMIS18
 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                              Ordinary Shares of £1.00 each ISIN: GB00BSB7BS06

     instrument, type of instrument and identification code
 b)  Nature of transaction                                       Grant of a conditional share award over

                                                                 Shares under the Company's Deferred Share Plan
 c)  Price(s) and volume(s)                                      Price(s)  Volume(s)
                                                                 Nil       19,602

 

 

 

 d)  Aggregated Information                                      Not applicable - single transaction
 e)  Date of transaction                                         12 June 2025
 f)  Place of transaction                                        Outside of a trading venue

 

 

d)

Aggregated Information

Not applicable - single transaction

e)

Date of transaction

12 June 2025

f)

Place of transaction

Outside of a trading venue

 

 

 

OLIVER MANN

CHIEF FINANCIAL OFFICER

 

12 June 2025

Enquiries:
Headland
Henry Wallers                    Tel: 0203 805
4822
 
 

-ENDS-

 

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