REG - Stelrad Group PLC - Director/PDMR Shareholding

StelradAnnouncement

17/03/2025 15:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250317:nRSQ9905Aa&default-theme=true

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  Ordinary shares of £0.001 each

     Identification code

                                                                  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)                                 Volume(s)

                                                                  Nil                                       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  Ordinary shares of £0.001 each

     Identification code

                                                                  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)                                 Volume(s)

                                                                  Nil                                       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

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHSFAFIWEISEFD