REG - Triad Group Plc - Director/PDMR Shareholding and Total Voting Rights

TriadAnnouncement

01/04/2025 11:00

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RNS Number : 1362D  Triad Group Plc  01 April 2025

 

Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84

1 April 2025

 

 

Triad Group Plc

("Triad" or the "Company")

 

Vesting of Restricted Share Units

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")

 

 

The Company announces the vesting of 750,000 Restricted Share Units ("RSU")
awards with respect to the ordinary shares in the capital of the Company
("Ordinary Shares"), including to persons discharging managerial
responsibilities ("PDMRs"), under the Triad Employee Share Incentive Plan.

 

The grant of RSU awards had each been approved by shareholders at the
Company's General Meeting on 25 March 2022. Each RSU that vested represents
the right to receive payment of one Ordinary Share. The RSUs were conditional
on the satisfaction of performance conditions, which the Board has confirmed
have all been successfully met.

 

Accordingly, allotment of 60,000 Ordinary Shares each has been made to three
Executive Directors of the Company, Adrian Leer (Managing Director), Tim Eckes
(Client Services Director), and James McDonald (Finance Director and Company
Secretary). Immediately upon delivery of the shares, the PDMR's holdings will
be as follows:

 

 Director / PDMR  Number of RSUs granted in 2022  Revised shareholding  % of issued share capital
 Adrian Leer      60,000                          365,379               2.10%
 Tim Eckes        60,000                          180,374               1.04%
 James McDonald   60,000                          87,600                0.50%

 

Awards granted to Executive Directors are subject to a holding period
consistent with the Company's Remuneration Policy. Details of the Remuneration
Policy can be found in the Annual Report and Accounts.

 

Admission and Total Voting Rights

Following the vesting of the RSU awards, Application has been made to the
London Stock Exchange for the 750,000 new Ordinary Shares to be admitted to
trading on the Official List ("Admission"). It is expected that Admission will
become effective at 8.00 a.m. on or around 2 April 2025.

 

Following Admission, the total number of Ordinary Shares and voting rights in
the Company will be 17,420,388. There are no Shares held in treasury. This
figure may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company under the
FCA's Disclosure and Transparency Rule.

 

The Notification of Dealing Forms for the above transactions, provided in
accordance with the requirements of UK MAR, may be found below.

 1.   Details of PDMR / person closely associated with them ("PCA")
 a)   First Name                               Adrian
 b)   Last Name                                Leer
 2.   Reasons for the notification
 a)   Position / status                        Managing Director
 b)   Initial notification / amendment         Initial notification
 3.   Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Full name of the entity                  Triad Group Plc
 b)   Legal Entity Identifier code             213800MDNBFVEQEN1G84
 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  Ordinary shares of £0.01 each in the capital of the Company

      Identification Code

                                               ISIN: GB0009035741
 b)   Nature of the transaction                Vesting of RSU's - Delivery of shares
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                               £0.01     60,000
 d)   Aggregated information

      -       Aggregated volume                60,000 Ordinary Shares

      -       Price                            £0.01
 e)   Date of the transaction                  31 March 2025
 f)   Place of the transaction                 Outside a trading venue

d)

Aggregated information

-       Aggregated volume

-       Price

 

60,000 Ordinary Shares

£0.01

e)

Date of the transaction

31 March 2025

f)

Place of the transaction

Outside a trading venue

 

 1.   Details of PDMR / person closely associated with them ("PCA")
 a)   First Name                               Tim
 b)   Last Name                                Eckes
 2.   Reasons for the notification
 a)   Position / status                        Client Services Director
 b)   Initial notification / amendment         Initial notification
 3.   Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Full name of the entity                  Triad Group Plc
 b)   Legal Entity Identifier code             213800MDNBFVEQEN1G84
 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  Ordinary shares of £0.01 each in the capital of the Company

      Identification Code

                                               ISIN: GB0009035741
 b)   Nature of the transaction                Vesting of RSU's - Delivery of shares
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                               £0.01     60,000
 d)   Aggregated information

      -       Aggregated volume                60,000 Ordinary Shares

      -       Price                            £0.01
 e)   Date of the transaction                  31 March 2025
 f)   Place of the transaction                 Outside a trading venue

d)

Aggregated information

-       Aggregated volume

-       Price

 

60,000 Ordinary Shares

£0.01

e)

Date of the transaction

31 March 2025

f)

Place of the transaction

Outside a trading venue

 

 1.   Details of PDMR / person closely associated with them ("PCA")
 a)   First Name                               James
 b)   Last Name                                McDonald
 2.   Reasons for the notification
 a)   Position / status                        Finance Director & Company Secretary
 b)   Initial notification / amendment         Initial notification
 3.   Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Full name of the entity                  Triad Group Plc
 b)   Legal Entity Identifier code             213800MDNBFVEQEN1G84
 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  Ordinary shares of £0.01 each in the capital of the Company

      Identification Code

                                               ISIN: GB0009035741
 b)   Nature of the transaction                Vesting of RSU's - Delivery of shares
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                               £0.01     60,000
 d)   Aggregated information

      -       Aggregated volume                60,000 Ordinary Shares

      -       Price                            £0.01
 e)   Date of the transaction                  31 March 2025
 f)   Place of the transaction                 Outside a trading venue

d)

Aggregated information

-       Aggregated volume

-       Price

 

60,000 Ordinary Shares

£0.01

e)

Date of the transaction

31 March 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

For further information, please contact:

 

Triad Group Plc

James McDonald

Finance Director and Company Secretary

Tel: 01908 278 450

 

Zeus Capital Limited

Alexandra Campbell-Harris

Tel: 020 3829 5000

 

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