Director/PDMR Shareholding

SThree

10/03/2026 16:12

RNS Number : 1029W

SThree plc

10 March 2026

 

SThree plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them

 

SThree plc (the "Company") announces that nil-cost performance share awards under the Long Term Incentive Plan ("LTIP") were granted on 9 March 2026 to the PDMRs detailed below:

 

PDMR
Position
Number of Shares awarded under the LTIP
Timo Lehne
Chief Executive Officer
439,381
Andrew Beach
Chief Financial Officer
320,408

 

The awards will vest three years after the grant date. The shares will be subject to a two-year post-vest holding period.

Performance targets and target ranges are set out in the Company's 2025 Directors' Remuneration Report (DRR), except for the ESG metric which comprises 10% of the award. The ESG metric measures Consultant Retention and Consultant Productivity (5% each). Consultant Retention measures improvements in SL1 churn (0-24 months tenure) against the P12 FY25 baseline. Consultant Productivity measures deals per head (contract only) to be measured for the full year FY28 against the FY25 baseline.  Current consultant churn and productivity metrics and future targets are considered to be commercially sensitive at this time but will be disclosed retrospectively in the relevant DRR.

The Committee has reviewed the share price used to determine the number of shares in the award, and has determined that it is appropriate to grant at the normal policy level of 150% of salary. The Committee will review the share price on vesting to consider whether a scale-back would be appropriate, if in its view there is a windfall benefit caused by a strong recovery in the share price unconnected to company performance.

The relevant notifications are set out below.

1. Details of the person discharging managerial responsibilities / person closely associated
a) Names
Timo Lehne
2. Reason for the notification
a) Position/status
Director and 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
SThree plc
b) LEI
2138003NEBX5VRP3EX50
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 code
Ordinary shares of 1p
GB00B0KM9T71
b) Nature of the transaction
A performance share award granted under the SThree plc Long Term Incentive Plan
c) Price(s) and volume(s)
Price
£Nil
Volume(s)
439,381
d) Aggregated information
- Aggregated volume
- Price
439,381
£Nil
e) Date of the transaction
09/03/2026
f) Place of the transaction
Off market

 

1. Details of the person discharging managerial responsibilities / person closely associated
a) Names
Andrew Beach
2. Reason for the notification
a) Position/status
Director and 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
SThree plc
b) LEI
2138003NEBX5VRP3EX50
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 code
Ordinary shares of 1p
GB00B0KM9T71
b) Nature of the transaction
A performance share award granted under the SThree plc Long Term Incentive Plan
c) Price(s) and volume(s)
Price
£Nil
Volume(s)
320,408
d) Aggregated information
- Aggregated volume
- Price
320,408
£Nil
e) Date of the transaction
09/03/2026
f) Place of the transaction
Off market

 

As noted in the DRR, following the testing of performance conditions and application of Committee discretion the LTIP 2023-2025 payout was reduced to zero and the awards granted to Timo Lehne and Andrew Beach on 9 March 2023 have accordingly lapsed.

 

Enquiries:

Bill Warner

Deputy Company Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHBLGDXGBBDGLG