REG-RM plc RM plc: Director/PDMR Performance Share Plan Awards
15/05/2023 14:15
============
RM plc (RM.)
RM plc: Director/PDMR Performance Share Plan Awards
15-May-2023 / 14:00 GMT/BST
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Monday, 15 May 2023
RM plc
Director/PDMR Performance Share Plan Awards
In accordance with the Market Abuse Regulations, RM plc announces that, on
12 May 2023, 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
John Baskerville 250,000
Monique Louis 250,000
Jason Tomlinson 250,000
The options are exercisable in the period 12 May 2026 to 11 May 2033 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:
1. Forty percent (40%) of the Award is subject to a performance condition
comparing the Company's total shareholder return (TSR) against a
comparator group of FTSE Small Cap Index (excluding investment trusts)
companies over the period of 3 years commencing on 01 December 2022
and ending on 30 November 2025.
2. Sixty percent (60%) of the Award is subject to a performance condition
relating to the performance of the Company’s TSR against absolute
targets ranging from 120p to 195p, with this condition also measured
at the end of the same 3-year period.
No award can vest before 12 May 2026. The Award will be subject to a
Holding Period which will end two years after the vesting date.
Enquiries:
RM plc Tel: +44 (0)1235 401 805
Tarryn Riley, Head of Investor Relations investorrelations@rm.com
(interim)
Notes:
1. The RM Performance Share Plan 2019 was approved by shareholders at the
Company’s AGM held on 27 March 2019.
1 Details of the person discharging managerial responsibilities / person
closely associated
a)
Name John Baskerville
2
Reason for the notification
a)
Position/status PDMR
b)
Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
RM plc
b)
LEI 2138005RKUCIEKLXWM61
Details of the transaction(s): section to be repeated for (i) each type
4 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 2 2/7 pence each
instrument, type of instrument
Identification code ISIN GB00BJT0FF39
b)
Nature of the transaction Grant of conditional awards
c) Price(s) and volume(s) Price(s) Volume(s)
1. Nil
1. 250,000
Aggregated information
d)
- Aggregated volume N/A
- Price N/A
e) Date of the transaction
12 May 2023
f)
Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person
closely associated
a)
Name Monique Louis
2
Reason for the notification
a)
Position/status PDMR
b)
Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
RM plc
b)
LEI 2138005RKUCIEKLXWM61
Details of the transaction(s): section to be repeated for (i) each type
4 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 2 2/7 pence each
instrument, type of instrument
Identification code ISIN GB00BJT0FF39
b)
Nature of the transaction Grant of conditional awards
c) Price(s) and volume(s) Price(s) Volume(s)
2. Nil
2. 250,000
Aggregated information
d)
- Aggregated volume N/A
- Price N/A
e) Date of the transaction
12 May 2023
f)
Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person
closely associated
a)
Name Jason Tomlinson
2
Reason for the notification
a)
Position/status PDMR
b)
Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name
RM plc
b)
LEI 2138005RKUCIEKLXWM61
Details of the transaction(s): section to be repeated for (i) each type
4 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 2 2/7 pence each
instrument, type of instrument
Identification code ISIN GB00BJT0FF39
b)
Nature of the transaction Grant of conditional awards
c) Price(s) and volume(s) Price(s) Volume(s)
3. Nil
3. 250,000
Aggregated information
d)
- Aggregated volume N/A
- Price N/A
e) Date of the transaction
12 May 2023
f)
Place of the transaction Outside a trading venue
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
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.: 243496
EQS News ID: 1632379
End of Announcement EQS News Service
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