REG - SThree plc - Director/PDMR Shareholding

SThreeAnnouncement

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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  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                                    439,381
 d) Aggregated information

 - Aggregated volume                                             439,381

 - Price                                                         £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  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                                    320,408
 d) Aggregated information

 - Aggregated volume                                             320,408

 - Price                                                         £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

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