REG - Triad Group Plc - Director/PDMR Shareholding

TriadAnnouncement

18/08/2025 14:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250818:nRSR7615Va&default-theme=true

RNS Number : 7615V  Triad Group Plc  18 August 2025

 

Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84

18 August 2025

 

 

Triad Group plc

("Triad" or "the Company")

 

 

Director/PDMR Shareholding and Total Voting Rights

 

 

Acquisition and sale of shares following the vesting of restricted share unit
awards under the Triad Employee Share Incentive Plan

 

The Company announces that, following the vesting of 750,000 Restricted Share
Units ("RSUs"), previously disclosed on 1 April 2025, all shares have now been
allotted as of 14 August 2025.

The vesting of RSU awards was with respect to the ordinary shares in the
capital of the Company ("Ordinary Shares") to employees, including the
following persons discharging managerial responsibilities ("PDMRs") under the
Triad Employee Share Incentive Plan. To satisfy the vesting RSUs, all Ordinary
Shares were issued under the Company's block listing.

In March 2022, pursuant to shareholder approval at the Company's general
meeting, Adrian Leer, Managing Director, was granted 60,000 RSUs, Tim Eckes,
Client Services Director, was granted 60,000 RSUs and James McDonald, Finance
Director and Company Secretary, was granted 60,000 RSUs. Each RSU that vested
represents the right to receive one Ordinary Share. The RSUs were conditional
on the satisfaction of performance conditions, which the Board has confirmed
have all been successfully met.

Following the vesting of these RSU awards:

-       Adrian Leer held 365,379 Ordinary Shares in the Company,
representing 2.10% of the current issued share capital;

-      Tim Eckes held 180,374 Ordinary Shares in the Company, representing
1.04% of the current issued share capital; and

-    James McDonald held 87,600 Ordinary Shares in the Company, representing
0.50% of the current issued share capital.

Upon receipt of the Ordinary Shares the PDMRs immediately sold a number of
shares to cover the transaction costs and tax liabilities, following which:

-       Adrian Leer now holds a total of 332,185 Ordinary Shares in the
Company, representing 1.91% of the current issued share capital;

-      Tim Eckes now holds a total of 147,180 Ordinary Shares in the
Company, representing 0.84% of the current issued    share capital; and

-     James McDonald now holds a total of 54,406 Ordinary Shares in the
Company, representing 0.31% of the current issued share capital.

 

Total Voting Rights

Following the acquisition and immediate sale of Ordinary Shares and for the
purposes of the Financial Conduct Authority's Disclosure and Transparency
Rules, the total number of Ordinary Shares with a right to vote is 17,420,388
with no shares held in treasury.

The above figure may be used by shareholders in the Company 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 Disclosure and Transparency Rules.

 

 

 

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                Acquisition of shares upon vesting of RSUs & sale of shares to cover
                                               transaction costs and tax liabilities
 c)   Price(s) and volume(s)

       Price(s)  Volume(s)
                                               Acquisition  £0.01     60,000
                                               Sale         £2.30     33,194
 d)   Aggregated information

      -       Aggregated acquisition           60,000 - average price of £0.01

      -       Aggregated sales                 33,194 - average price of £2.30
 e)   Date of the transaction                  14 August 2025
 f)   Place of the transaction                 Outside a trading venue

d)

Aggregated information

-       Aggregated acquisition

-       Aggregated sales

 

60,000 - average price of £0.01

33,194 - average price of £2.30

e)

Date of the transaction

14 August 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                Acquisition of shares upon vesting of RSUs & sale of shares to cover
                                               transaction costs and tax liabilities
 c)   Price(s) and volume(s)

       Price(s)  Volume(s)
                                               Acquisition  £0.01     60,000
                                               Sale         £2.30     33,194
 d)   Aggregated information

      -       Aggregated acquisition           60,000 - average price of £0.01

      -       Aggregated sale                  33,194 - average price of £2.30
 e)   Date of the transaction                  14 August 2025
 f)   Place of the transaction                 Outside a trading venue

d)

Aggregated information

-       Aggregated acquisition

-       Aggregated sale

 

60,000 - average price of £0.01

33,194 - average price of £2.30

e)

Date of the transaction

14 August 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                Acquisition of shares upon vesting of RSUs & sale of shares to cover
                                               transaction costs and tax liabilities
 c)   Price(s) and volume(s)

       Price(s)  Volume(s)
                                               Acquisition  £0.01     60,000
                                               Sale         £2.30     33,194
 d)   Aggregated information

      -       Aggregated acquisition           60,000 - average price of £0.01

      -       Aggregated sale                  33,194 - average price of £2.30
 e)   Date of the transaction                  14 August 2025
 f)   Place of the transaction                 Outside a trading venue

d)

Aggregated information

-       Aggregated acquisition

-       Aggregated sale

 

60,000 - average price of £0.01

33,194 - average price of £2.30

e)

Date of the transaction

14 August 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

01908 278 450

 

Zeus Capital Limited

Darshan Patel

Tel: 020 7614 5900

 

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  DSHUWAURVOUWAAR