Director/PDMR Shareholding

Wickes

31/03/2025 15:03

RNS Number : 9768C

Wickes Group PLC

31 March 2025

 

Wickes Group PLC

(the 'Company')

 

Notifications of transactions by Persons Discharging Managerial

Responsibilities ('PDMRs')

 

The Company announces that on 28 March 2025 (the 'Grant Date') the following awards in respect of ordinary shares of 10 pence each in the Company ('Shares') were made by way of nil cost option under the Wickes Deferred Annual Bonus Plan (the 'DABP') and the Wickes Long Term Incentive Plan (the 'LTIP') to PDMRs as set out below.  Further details can be found in the Directors' Remuneration Report contained in the Company's Annual Report for the year ended 28 December 2024.

 

The number of shares subject to the options awarded has been calculated using a share price of 175.76 pence, being the average of the closing market prices of the Company's Shares on the five dealing days immediately preceding the Grant Date.

 

Award
PDMR
Number of
Shares
under option
Option Price
DABP
David Wood
112,990
nil
DABP
Mark George
59,261
nil
LTIP
David Wood
663,120
nil
LTIP
Mark George
356,538
nil

 

The options under the DABP will vest on 28 March 2028.

 

The options under the LTIP will vest on 28 March 2028 subject to the achievement of performance conditions.  Vested options will be subject to a two year holding period.

 

If options vest they will normally be exercisable until the tenth anniversary of the Grant Date.

 

In the event that dividends are paid in the period between the Grant Date and the normal vesting date (or, where Shares under an option are subject to a holding period, the earlier of the date of expiry of the holding period or the date of exercise of the option), the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

 

This Notification is made in accordance with the requirements of the UK Market Abuse Regulation. The Notification of Dealing Forms for each PDMR can be found below.

 

For further information please contact:

 

Marie Williamson                    

Director of Legal & Governance

Tel: 01923 656600

 

 

Notification of Dealing Forms

 

1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
David Wood
2
Reason for the notification
a)
Position/Status
PDMR
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a)
Name
Wickes Group plc
b)
LEI
213800IEX9ZXJRAOL133
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 transaction have been
conducted
a)
Description of the financial
instrument,
type of instrument
Identification code
Ordinary Shares of 10 pence each
ISIN: GB00BL6C2002
b)
Nature of the transaction
Grant of options under the Wickes Deferred Annual Bonus Plan and the Wickes Long Term Incentive Plan
c)
Price(s) and volume (s)
Price(s)
Volume(s)
£1.7576
DABP 112,990
LTIP 663,120
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
£1.7576
776,110
£1,364,090.04
e)
Date of the transaction
28 March 2025
f)
Place of the transaction
Outside of a trading venue


 

 

1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Mark George
2
Reason for the notification
a)
Position/Status
PDMR
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a)
Name
Wickes Group plc
b)
LEI
213800IEX9ZXJRAOL133
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 transaction have been
conducted
a)
Description of the financial
instrument,
type of instrument
Identification code
Ordinary Shares of 10 pence each
ISIN: GB00BL6C2002
b)
Nature of the transaction
Grant of options under the Wickes Deferred Annual Bonus Plan and the Wickes Long Term Incentive Plan
c)
Price(s) and volume (s)
Price(s)
Volume(s)
£1.7576
DABP 59,261
LTIP 356,538
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
£1.7576
415,799
£730,808.32
e)
Date of the transaction
28 March 2025
f)
Place of the transaction
Outside of a trading venue


 

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