REG - Rathbones Group PLC - Director/PDMR Shareholding
09/03/2022 18:15
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RNS Number : 2631E Rathbones Group PLC 09 March 2022
Rathbones Group Plc (the "Company")
Notification of Transactions of Persons Discharging Managerial
Responsibilities
The Company announces that the following PDMRs were granted share awards in
accordance with the rules of the Rathbones Executive Share Performance Plan
for 2022.
The Restricted Share Award will vest on the third anniversary of the grant
date and a further two-year holding period will apply. These awards were made
at a share price of £13.87, based on the average share price over five days
preceding the grant date and discounted to reflect the absence of dividend
equivalents over the three-year vesting period. The PDMRs will not be
permitted to sell any shares during this time.
The Deferred Share Award will vest over a three-year period in equal tranches
of one third per annum. These awards were made at a share price of £15.35,
£14.61, and £13.87, based on the average share price over five days
preceding the grant date and discounted to reflect the absence of dividend
equivalents over the annual vesting cycle. The awards are subject to malus and
clawback provisions.
The notifications below, which have been made in accordance with the
requirements of the UK Market Abuse Regulation, provides further detail.
Enquiries:
Ali Johnson
Company Secretary
Telephone - 07901 118456
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Paul Stockton
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 Rathbones Group Plc
b) LEI 213800MBTHM6UE8ZQP29
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 5p each
Identification code ISIN: GB0002148343
b) Nature of the transaction Share awards grant made pursuant to the Rathbones Executive Share Performance
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Restricted Share Award
£13.87 25,036
Deferred Share Award
£15.35 6,664
£14.61 7,002
£13.87 7,376
d) Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2022-03-07
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jennifer Mathias
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 Rathbones Group Plc
b) LEI 213800MBTHM6UE8ZQP29
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 5p each
Identification code ISIN: GB0002148343
b) Nature of the transaction Share awards grant made pursuant to the Rathbones Executive Share Performance
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Restricted Share Award
£13.87 17,585
Deferred Share Award
£15.35 4,471
£14.61 4,697
£13.87 4,948
d) Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2022-03-07
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Sarah Owen-Jones
2 Reason for the notification
a) Position/status Chief Risk Officer
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rathbones Group Plc
b) LEI 213800MBTHM6UE8ZQP29
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 5p each
Identification code ISIN: GB0002148343
b) Nature of the transaction Share awards grant made pursuant to the Rathbones Executive Share Performance
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Restricted Share Award
£13.87 11,893
Deferred Share Award
£15.35 3,250
£14.61 3,415
£13.87 3,597
d) Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2022-03-07
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Mike Webb
2 Reason for the notification
a) Position/status CEO of RUTM
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rathbones Group Plc
b) LEI 213800MBTHM6UE8ZQP29
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 5p each
Identification code ISIN: GB0002148343
b) Nature of the transaction Share awards grant made pursuant to the Rathbones Executive Share Performance
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Restricted Share Award
£13.87 15,158
Deferred Share Award
£15.35 4,286
£14.61 4,503
£13.87 4,743
d) Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2022-03-07
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Brodie
2 Reason for the notification
a) Position/status 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 Rathbones Group Plc
b) LEI 213800MBTHM6UE8ZQP29
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 5p each
Identification code ISIN: GB0002148343
b) Nature of the transaction Share awards grant made pursuant to the Rathbones Executive Share Performance
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
Restricted Share Award
£13.87 14,294
Deferred Share Award
£15.35 3,536
£14.61 3,715
£13.87 3,914
d) Aggregated information
Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2022-03-07
f) Place of the transaction Outside a trading venue
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