REG - TP ICAP Group plc - Director/PDMR Shareholding
29/05/2025 16:15
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RNS Number : 6672K TP ICAP Group plc 29 May 2025
TP ICAP Group plc
LEI: 2138006YAA7IRVKKGE63
29 May 2025
TP ICAP Group plc (the 'Company' or 'TP ICAP')
Notification of transactions by persons discharging managerial
responsibilities ('PDMRs')
On 27 May 2025 the Company received the following notifications relating to
the vesting of awards granted on 25 May 2022 over ordinary shares of 25p each
of the Company (the "Company Shares") under the rules of the TP ICAP Group plc
Restricted Share Plan 2022 (the "2022 RSP").
Vesting of awards
Following the vesting on 27 May 2025 a total of 1,688,467 Company Shares were
released by the TP ICAP Employee Benefit Trust ("EBT") to the PDMRs named in
the table below, who then elected to sell a number of shares to settle the
income tax and national insurance ("NI") liabilities and dealing charges
arising upon the vesting of the awards. These market sales of the shares to
discharge the income tax, NI liability and dealing charges incurred as a
result of the awards vesting were completed on 27 May 2025.
A further two-year post-vesting holding period applies to the awards and the
PDMRs listed below will not be permitted to sell any shares during this time.
The table below sets out the number of Company Shares released to each PDMR,
the number subsequently sold to discharge the income tax, NI liability and
dealing charges incurred as a result of their awards vesting, and the number
retained by each PDMR.
PDMR Nicolas Breteau Philip Price Robin Stewart
Title Chief Executive Group General Counsel Chief Financial Officer
Officer
2022 RSP
Company Shares Released 768,883 464,405 455,179
Company Shares sold to discharge tax and NI liabilities and dealing charges 362,282 218,818 214,471
Sale price per Company Share (£) £2.609763 £2.609763 £2.609763
Company Shares Retained 406,601 245,587 240,708
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
Ordinary shares of 25p each
Identification code
JE00BMDZN391
b) Nature of the transaction Transfer of ordinary shares of 25p each in TP ICAP Group plc from the TP ICAP
Employee Benefit Trust to the PDMR following the vesting of the TP ICAP Group
plc Restricted Share Plan 2022 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 768,883
d) Aggregated information
- Aggregated volume 768,883
- Price £nil
e) Date of the transaction 27May 2025
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument
Ordinary shares of 25p each
Identification code
JE00BMDZN391
b) Nature of the transaction Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income
tax and national insurance liabilities and dealing charges arising upon the
vesting of the TP ICAP Group plc Restricted Share Plan 2022 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
£2.609763 362,282
d) Aggregated information
- Aggregated volume 362,282
£2.609763
- Price
e) Date of the transaction 27 May 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
768,883
£nil
e)
Date of the transaction
27May 2025
f)
Place of the transaction
Outside a 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
Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income
tax and national insurance liabilities and dealing charges arising upon the
vesting of the TP ICAP Group plc Restricted Share Plan 2022 award.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£2.609763 362,282
d)
Aggregated information
- Aggregated volume
- Price
362,282
£2.609763
e)
Date of the transaction
27 May 2025
f)
Place of the transaction
London Stock Exchange
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
Ordinary shares of 25p each
Identification code
JE00BMDZN391
b) Nature of the transaction Transfer of ordinary shares of 25p each in TP ICAP Group plc from the TP ICAP
Employee Benefit Trust to the PDMR following the vesting of the TP ICAP Group
plc Restricted Share Plan 2022 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 464,405
d) Aggregated information
- Aggregated volume 464,405
- Price £nil
e) Date of the transaction 27 May 2025
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument
Ordinary shares of 25p each
Identification code
JE00BMDZN391
b) Nature of the transaction Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income
tax and national insurance liabilities and dealing charges arising upon the
vesting of the TP ICAP Group plc Restricted Share Plan 2022 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
£2.609763 218,818
d) Aggregated information
- Aggregated volume 218,818
- Price £2.609763
e) Date of the transaction 27 May 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
464,405
£nil
e)
Date of the transaction
27 May 2025
f)
Place of the transaction
Outside a 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
Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income
tax and national insurance liabilities and dealing charges arising upon the
vesting of the TP ICAP Group plc Restricted Share Plan 2022 award.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£2.609763 218,818
d)
Aggregated information
- Aggregated volume
- Price
218,818
£2.609763
e)
Date of the transaction
27 May 2025
f)
Place of the transaction
London Stock Exchange
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
Ordinary shares of 25p each
Identification code
JE00BMDZN391
b) Nature of the transaction Transfer of ordinary shares of 25p each in TP ICAP Group plc from the TP ICAP
Employee Benefit Trust to the PDMR following the vesting of the TP ICAP Group
plc Restricted Share Plan 2022 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
£nil 455,179
d) Aggregated information
- Aggregated volume 455,179
- Price £nil
e) Date of the transaction 27 May 2025
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument
Ordinary shares of 25p each
Identification code
JE00BMDZN391
b) Nature of the transaction Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income
tax and national insurance liabilities and dealing charges arising upon the
vesting of the TP ICAP Group plc Restricted Share Plan 2022 award.
c) Price(s) and volume(s)
Price(s) Volume(s)
£2.609763 x 214,471
d) Aggregated information
- Aggregated volume 214,471
£2.609763
- Price
e) Date of the transaction 27 May 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
455,179
£nil
e)
Date of the transaction
27 May 2025
f)
Place of the transaction
Outside a 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
Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income
tax and national insurance liabilities and dealing charges arising upon the
vesting of the TP ICAP Group plc Restricted Share Plan 2022 award.
c)
Price(s) and volume(s)
Price(s) Volume(s)
£2.609763 x 214,471
d)
Aggregated information
- Aggregated volume
- Price
214,471
£2.609763
e)
Date of the transaction
27 May 2025
f)
Place of the transaction
London Stock Exchange
Enquiries
Vicky Hart
Group Company Secretary
+44 (0) 20 7200 7117
companysecretarial@tpicap.com
(file:///C:/Users/CeYoung/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/TF9P82PT/companysecretarial@tpicap.com)
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