REG-RM plc RM plc: Director/PDMR Performance Share Plan Awards

RMAnnouncement

30/03/2022 08:15

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   RM plc (RM.)
   RM plc: Director/PDMR Performance Share Plan Awards

   30-March-2022 / 08:00 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   Wednesday, March 30th 2022

                                        

                                        

                                     RM plc

                                        

                  Director/PDMR Performance Share Plan Awards

    

   In accordance with DTR 3.1.4 R(1)(a),  RM plc announces that, on 29  March
   2022, options  were  granted  for nil  consideration  over  the  following
   numbers of ordinary shares of 2 2/7pence each in the Company under the  RM
   Performance Share Plan 2019:

    

   Director/PDMR    Shares Comprised in Awards
   Neil Martin      200,000
   Mark Berry       160,000
   Monique Louis    125,000
   John Baskerville 125,000

    

   The options are exercisable in the period  31 March 2025 to 29 March  2032
   at an exercise price  of £0.00 per share.   It is anticipated that  option
   exercises will be satisfied by the  transfer of shares from the  Company's
   employee benefit trust.

    

   Vesting of  the award  and the  receipt of  shares will  be based  on  the
   following criteria:

    

   One hundred percent  (100%) of the  award will be  based on the  Company's
   relative TSR performance  measured from  the average of  the Index  during
   January and February 2022 to the  average of the Index during January  and
   February 2025.  The  Company's TSR performance  shall be measured  against
   the TSR performance of  the companies (Comparator  Group) within the  FTSE
   Small Cap (ex IT) Index over the above period and must be at least at  the
   median of a ranking of  the TSR of each of  the members of the  Comparator
   Group.  Vesting will  occur on a  sliding scale between  median (25%)  and
   upper quartile (100%).

    

   No award can vest before 31 March 2025

    

   Contact:

    

   RM plc            08450 700300
   Mark Lágler
                      
   Company Secretary

    

    

   Notes:

    

    1. The RM Performance Share Plan 2019 was approved by shareholders at the
       Company's AGM held on 27 March 2019.

    

    

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   ISIN:           GB00BJT0FF39
   Category Code:  DSH
   TIDM:           RM.
   LEI Code:       2138005RKUCIEKLXWM61
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   152330
   EQS News ID:    1314919


    
   End of Announcement EQS News Service

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