REG - SThree plc - Director/PDMR Shareholding

SThreeAnnouncement

10/03/2025 17:00

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RNS Number : 0623A  SThree plc  10 March 2025

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 10 March 2025 to
the PDMRs detailed below:

 

 PDMR          Position                 Number of Shares awarded under the LTIP
 Timo Lehne    Chief Executive Officer   307,867
 Andrew Beach  Chief Financial Officer  224,505

 

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 2024
Directors' Remuneration Report (DRR), except for the ESG metric which
comprises 10% of the award. The ESG metric measures carbon reduction across
scope 1, 2, and 3 emissions in FY27. 5% of the award will be based on
achieving Scope 1 and 2 tCO2e of between 2,717 and 2,348 for 25% vesting and
100% vesting; the remaining 5% of the award will be based on achieving scope 3
tCO2e of between 16,206 and 14,662 for 25% vesting and 100% vesting. Vesting
will be on a straight line basis either side of a target number within this
range.

As noted in the 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  Ordinary shares of 1p

 Identification code                                             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                                   Volume(s)

                                                                 £Nil                                    307,867
 d) Aggregated information

 - Aggregated volume                                             307,867

 - Price                                                         £Nil
 e) Date of the transaction                                      10/03/2025
 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  Ordinary shares of 1p

 Identification code                                             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                                   Volume(s)

                                                                 £Nil                                    224,505
 d) Aggregated information

 - Aggregated volume                                             224,505

 - Price                                                         £Nil
 e) Date of the transaction                                      10/03/2025
 f) Place of the transaction                                     Off market

 

Enquiries:

Bill Warner

Deputy Company Secretary

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