Director/PDMR Shareholding

Volution

15/10/2025 17:03

RNS Number : 5476D

Volution Group plc

15 October 2025

 

 

15 October 2025

Volution Group plc

Vesting, Exercise and Sale of Share Awards under the Company's

Deferred Share Bonus Plan

 

Volution Group plc ("Volution" or the "Company", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that the award granted under the Company's Deferred Share Bonus Plan (DSBP) on 12 October 2022 has vested following the end of a three-year deferral period. This share award was not subject to performance conditions.  No consideration was paid for the DSBP share award and no consideration was payable on vesting.  The following table shows the number of share awards vested and exercised and the number of shares sold by Ronnie George and Andy O'Brien on 14 October 2025:

 

Number of DSBP shares vesting 1
Number of shares sold
Price at which each share sold
Ronnie George, Chief Executive Officer
41,444
41,444
£6.56
Andy O'Brien, Chief Financial Officer
29,001
29,001
£6.56

 

1.   In accordance with the rules of the DSBP, dividend equivalent shares in respect of the period between grant and vesting were added to the vested share award.

 

 

The attached notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.

 

-ends-

 

Enquiries:

 

Volution Group plc

Fiona Smith, Company Secretary                             

Legal Entity Identifier: 213800EPT84EQCDHO768

 

Note to Editors:

 

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions.  Volution Group comprises 29 key brands across three regions:

 

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.

Australasia: Simx, Ventair, Manrose, DVS, Fantech, Ideal Air, NCS Acoustics, Air Design, Major Air, Systemaire, Burra Steel.

 

For more information, please go to: www.volutiongroupplc.com

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ronnie George
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
Volution Group plc
b)
LEI
213800EPT84EQCDHO768
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
Identification code
Ordinary shares of 1 pence each
ISIN: GB00BN3ZZ526
b)
Nature of the transaction
Vesting, exercise and sale of conditional share award under the Volution Deferred Share Bonus Plan (DSBP).
c)
Price(s) and volume(s)
DSBP:
Price(s)
Volume(s)
Acquisition of shares on exercise of DSBP 2022 Award.
Sale of Shares.
£Nil
Sale price: £6.56 per share
41,444
41,444
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume:
Exercise
Volume: 41,444
Price: £Nil
Sale
Volume: 41,444
Sale Price: £6.56 per share
e)
Date of the transaction
14 October 2025
f)
Place of the transaction
Outside a trading venue (exercise of conditional share award and retention of shares) and London Stock Exchange, Main Market (XLON) (sale of shares).

 

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andy O'Brien
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
Volution Group plc
b)
LEI
213800EPT84EQCDHO768
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
Identification code
Ordinary shares of 1 pence each
ISIN: GB00BN3ZZ526
b)
Nature of the transaction
Vesting, exercise and sale of conditional share award under the Volution Deferred Share Bonus Plan (DSBP).
c)
Price(s) and volume(s)
DSBP:
Price(s)
Volume(s)
Acquisition of shares on exercise of DSBP 2022 Award.
Sale of Shares.
£Nil
Sale price: £6.56 per share
29,001
29,001
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume:
Exercise
Volume: 29,001
Price: £Nil
Sale
Volume: 29,001
Price: £6.56 per share
e)
Date of the transaction
14 October 2025
f)
Place of the transaction
Outside a trading venue (exercise of conditional share award and retention of shares) and London Stock Exchange, Main Market (XLON) (sale of shares).

 

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