Director/PDMR Shareholding

TP Icap

02/04/2025 16:30

RNS Number : 4063D

TP ICAP Group plc

02 April 2025

 

TP ICAP Group plc

LEI: 2138006YAA7IRVKKGE63

2 April 2025

TP ICAP Group plc (the 'Company' or 'TP ICAP')

 

Notification of transactions by persons discharging managerial responsibilities ('PDMRs')

On 31 March 2025, the Company received the following notifications relating to the:

·     grant of awards over ordinary shares of 25p each of the Company (the "Company Shares") under the rules of the TP ICAP Group plc Deferred Bonus Share and Cash Plan 2025 (the "DBSP"); and

·     grant of awards over the Company Shares under the rules of the TP ICAP Group plc Restricted Share Plan (the "RSP").

Grant of awards

In relation to the award of Company Shares under the 2025 DBSP, the number of Company Shares that will vest on the Normal Vesting Dates are subject to the Rules of the DBSP. The deferred share awards under the DBSP will vest in equal tranches and are subject to a six-month retention period following vesting. The Normal Vesting Dates are 31 March 2026, 31 March 2027 and 31 March 2028.

The 2025 RSP award will vest on the third anniversary of the date of grant and a further two-year holding period will apply post-vesting. The PDMRs listed below will not be permitted to sell any shares during this time. Any portion of the award that does not meet the vesting conditions will lapse.

The number of awards granted was calculated using a share price of £2.6974, based on the volume-weighted average price for the five trading days preceding and including the date of grant, being 31 March 2025.

PDMR
Title
Number of shares
Share price
Nature of Transaction
Nicolas Breteau
Chief Executive Officer
355,898
£2.6974
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Shareand CashPlan 2025.
370,727
£2.6974
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Restricted Share Plan.
Philip Price
Group General Counsel
168,161
£2.6974
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Shareand CashPlan 2025.
224,753
£2.6974
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Restricted Share Plan.
Robin Stewart
Chief Financial Officer
168,171
£2.6974
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Shareand CashPlan 2025.
234,021
£2.6974
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Restricted Share Plan.

 

Notifications

The following notifications are made in accordance with the requirements of the UK Market Abuse Regulation and provides further detail.

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nicolas Breteau
2
Reason for the notification
a)
Position/status
Director and PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
TP ICAP Group plc
b)
LEI
2138006YAA7IRVKKGE63
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
Transaction 1
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 25p each
JE00BMDZN391
b)
Nature of the transaction
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share and CashPlan 2025.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.6974
355,898
d)
Aggregated information
- Aggregated volume
- Price
355,898
£2.6974
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Outside of trading venue
Transaction 2
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 25p each
JE00BMDZN391
b)
Nature of the transaction
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Restricted Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.6974
370,727
d)
Aggregated information
- Aggregated volume
- Price
370,727
£2.6974
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Outside of trading venue

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Price
2
Reason for the notification
a)
Position/status
Director and PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
TP ICAP Group plc
b)
LEI
2138006YAA7IRVKKGE63
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
Transaction 1
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 25p each
JE00BMDZN391
b)
Nature of the transaction
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share and CashPlan 2025.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.6974
168,161
d)
Aggregated information
- Aggregated volume
- Price
168,161
£2.6974
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Outside of trading venue
Transaction 2
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 25p each
JE00BMDZN391
b)
Nature of the transaction
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Restricted Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.6974
224,753
d)
Aggregated information
- Aggregated volume
- Price
224,753
£2.6974
e)
Date of the transaction
31 March2025
f)
Place of the transaction
Outside of trading venue

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Robin Stewart
2
Reason for the notification
a)
Position/status
Director and PDMR
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
TP ICAP Group plc
b)
LEI
2138006YAA7IRVKKGE63
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
Transaction 1
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 25p each
JE00BMDZN391
b)
Nature of the transaction
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share and CashPlan 2025.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.6974
168,171
d)
Aggregated information
- Aggregated volume
- Price
168,171
£2.6974
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Outside of trading venue
Transaction 2
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 25p each
JE00BMDZN391
b)
Nature of the transaction
Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Restricted Share Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.6974
234,021
d)
Aggregated information
- Aggregated volume
- Price
234,021
£2.6974
e)
Date of the transaction
31 March 2025
f)
Place of the transaction
Outside of trading venue

 

 

Enquiries

Vicky Hart

Group Company Secretary

+44 (0) 20 7200 7117

companysecretarial@tpicap.com

 

 

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