REG - Wise PLC - Director/PDMR Shareholding

WiseAnnouncement

07/03/2025 16:30

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RNS Number : 8836Z  Wise PLC  07 March 2025

 NOTIFICATION DEALING WITH GRANT OF AWARDS UNDER THE WISE PLC LONG TERM
INCENTIVE PLAN & NOTIFICATION OF TRANSACTIONS BY DIRECTORS/PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITY

 

Wise plc

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them in
accordance with Article 19 of the UK Market Abuse Regulation.

Long Term Incentive Plan - Amendment Announcement

Wise plc (the "Company") announced on 3 December 2024 details of announces
that the following awards over class A ordinary shares of £0.01 each
("Shares") which were granted under the Wise plc Long Term Incentive Plan to a
person discharging managerial responsibility ("PDMR"). The nature of the
transaction for one of the PDMRs was incorrectly reported in the 3 December
2024 announcement. This announcement sets out the correct description of the
nature of the transaction by the relevant PDMR as detailed below.

 PDMR                                             No. of shares under Award
 Emmanuel Francois Jean-Claude Laurent Thomassin

                                                  123,002

Details of the full notifications received by the Company are set out below.

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Emmanuel Francois Jean-Claude Laurent Thomassin
 2   Reason for Notification
 a)  Position/status                                              PDMR (Chief Financial Officer)
 b)  Initial notification/Amendment                               Initial Announcement
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Wise plc
 b)  LEI                                                          213800LD9XCHIC1C4V71
 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  Class A Ordinary Shares GBP 0.01 each
     Identification code                                          GB00BL9YR756
 b)  Nature of the transaction                                    Award of 123,002 nil cost options under the Wise PLC Long Term Incentive Plan
                                                                  with half the award vesting subject to continued service and the extent to
                                                                  which the relative Total Shareholder Return, Volume Growth and Customer Net
                                                                  Promoter Score (NPS) performance conditions are met over a three year
                                                                  performance period ending on 31 March 2027. The other half of the award will
                                                                  vest in two equal annual tranches, commencing on 1 October 2025, subject to
                                                                  continued service and performance underpins. Two-year holding period applies
                                                                  following vesting and options may be exercised for a period of up to ten years
                                                                  from the date of grant.
 c)  Price(s) and volume(s)                                       123,002
 d)  Aggregated information

     -       Aggregated volume                                    123,002

     -       Price                                                Nil
 e)  Date of the transaction                                      29 November 2024
 f)  Place of the transaction                                     Outside a trading venue

 

 PDMR                                             No. of shares under Award
 Emmanuel Francois Jean-Claude Laurent Thomassin  246,003

Details of the full notifications received by the Company are set out below.

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Emmanuel Francois Jean-Claude Laurent Thomassin
 2   Reason for Notification
 a)  Position/status                                              PDMR (Chief Financial Officer)
 b)  Initial notification/Amendment                               Initial Announcement
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Wise plc
 b)  LEI                                                          213800LD9XCHIC1C4V71
 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  Class A Ordinary Shares GBP 0.01 each
     Identification code                                          GB00BL9YR756
 b)  Nature of the transaction                                    Award of 246,003 nil cost options under the Wise PLC Long Term Incentive Plan
                                                                  with half the award vesting subject to continued service and the extent to
                                                                  which the relative Total Shareholder Return, Volume Growth and Customer Net
                                                                  Promoter Score (NPS) performance conditions are met over a three year
                                                                  performance period (ending on 31 March 2027). The other half of the award will
                                                                  vest in three equal annual tranches, following the end of the next three
                                                                  financial years, subject to continued service and performance underpins.
                                                                  Two-year holding period applies following vesting and options may be exercised
                                                                  for a period of up to ten years from the date of grant.
 c)  Price(s) and volume(s)                                       246,003

 d)  Aggregated information

     -       Aggregated volume                                    246,003

     -       Price
 e)  Date of the transaction                                      29 November 2024
 f)  Place of the transaction                                     Outside a trading venue

 

 

 

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