Director/PDMR Shareholding

Stelrad

17/03/2025 15:19

RNS Number : 9905A

Stelrad Group PLC

17 March 2025

 

17 March 2025

Stelrad Group PLC

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Stelrad Group PLC (the "Company") announces that, on 17 March 2025, awards in the form of conditional rights to acquire ordinary shares in the Company ("Shares") were granted under the Company's Long Term Incentive Plan to the Executive Directors of the Company, as detailed below.

 

Name
Role
Number of Shares Awarded
Trevor Harvey
Chief Executive Officer
207,238
Leigh Wilcox
Chief Financial Officer
100,601

 

The vesting of awards is subject to the achievement of EPS and TSR performance targets assessed over a three-year period ending 31 December 2027, full details of which can be found in the Company's 2024 Annual Report and Accounts. The number of shares in respect of which the 2025 Awards shall vest, shall depend upon the extent to which the performance conditions are satisfied. Once vested, Executive Directors' shares will be required to be held for a further two years.

The Notification of Dealing Form for each PDMR can be found below.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Trevor Harvey
2
Reason for the notification
a)
Position/status
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
Stelrad Group PLC
b)
LEI
2138006LKVGN16PTVA73
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 £0.001 each
ISIN GB00BMHRMV23
b)
Nature of the transaction
Grant of awards, structured as conditional share awards, under the Stelrad Group PLC Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Nil
Volume(s)
207,238
d)
Aggregated information
- Aggregated volume
- Price
N/A single transactions
e)
Date of the transaction
17 March 2025
f)
Place of the transaction
N/A-Outside of a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Leigh Wilcox
2
Reason for the notification
a)
Position/status
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
Stelrad Group PLC
b)
LEI
2138006LKVGN16PTVA73
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 £0.001 each
ISIN GB00BMHRMV23
b)
Nature of the transaction
Grant of awards, structured as conditional share awards, under the Stelrad Group PLC Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Nil
Volume(s)
100,601
d)
Aggregated information
- Aggregated volume
- Price
N/A single transactions
e)
Date of the transaction
17 March 2025
f)
Place of the transaction
N/A-Outside of a trading venue

 

 

 

Enquiries:

Computershare Company Secretarial Services Limited

StelradGroup-UKCoSec@computershare.co.uk

Company Secretary

 

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