REG - Rathbones Group PLC - Director/PDMR Shareholding

RathbonesAnnouncement

25/06/2024 12:00

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RNS Number : 8088T  Rathbones Group PLC  25 June 2024

Rathbones Group Plc (the "Company")

 

Notification of Transactions of Persons Discharging Managerial
Responsibilities

 

The Company announces that the following PDMR was granted share awards in
respect of performance for the period from 1 April 2023 to 31 December 2023.
This share award was assessed and determined under the prevailing incentive
arrangements in respect of his services to the Company and Investec Group Plc
during the period to 31 December 2023. The share awards are granted in
accordance with the rules of the Rathbones Executive Share Performance Plan.

 

In line with CRR and MIFIDPRU remuneration obligations, this award includes an
upfront and deferred element. The upfront award will vest at the same time as
being granted and will include a six-month holding period. This award was made
at a share price of £17.07 based on the average share price over five days
preceding the grant date. The deferred awards will vest annually over five
years and will include a six-month holding period post vest. These awards were
made at a share price of £16.32, £15.56, £14.80, £14.05 and £13.29, based
on the average share price over five days preceding the grant date and
discounted to reflect the absence of dividend equivalents over the vesting
period. The award is subject to malus and clawback provisions.

 

The notifications below, which have been made in accordance with the
requirements of the UK Market Abuse Regulation, provide further detail.

 

Enquiries:

Ali Johnson, Group 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                                                                        Iain Hooley
 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 Identification  Ordinary Shares of 5p each
     code

                                                                                 ISIN: GB0002148343
 b)  Nature of the transaction                                                   Share award grant made pursuant to the Rathbones Executive Share Performance
                                                                                 Plan.
 c)  Price(s) and volume(s)                                                      Price(s)                                 Volume(s)
     £17.07                                                                                                               9,540

     £16.32                                                                                                               8,240

     £15.56                                                                                                               8,641

     £14.80                                                                                                               9,085

     £14.05                                                                                                               6,957

     £13.29                                                                                                               7,353
 d)  Aggregated information                                                      Not applicable - single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                                     2024-06-21
 f)  Place of the transaction                                                    Outside a trading venue

 

 

 

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