REG - Wise PLC - Grant of Awards to CFO

WiseAnnouncement

20/12/2022 16:15

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RNS Number : 3746K  Wise PLC  20 December 2022

 NOTIFICATION DEALING WITH GRANT OF AWARDS UNDER THE WISE PLC LONG TERM
INCENTIVE PLAN

 

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.

On 20 December 2022 Wise plc (the "Company") announces that the following
award over class A ordinary shares of £0.01 each ("Shares") were granted
under the Wise plc Long Term Incentive Plan to a person discharging managerial
responsibility ("PDMR").

 PDMR            No. of shares under Award
 Matthew Briers  340,767

The award will ordinarily become exercisable on the third anniversary of grant
subject to the grantee's continued service and to the extent to which the
relative Total Shareholder Return and Volume Growth Performance Conditions set
for the award are satisfied.

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                                                         Matthew Briers
 2   Reason for Notification
 a)  Position/status                                              PDMR (CFO)
 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                                    Grant of a nil cost option award under the Wise plc Long Term Incentive Plan.
                                                                  The award will ordinarily become exercisable three years from the date of
                                                                  grant, subject to continued service and to the extent to which the relative
                                                                  Total Shareholder Return and Volume Growth Performance Conditions are met and
                                                                  may be exercised for a period of ten years from the date of grant.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  Nil       340,767
 d)  Aggregated information                                       Not applicable - single transaction

     -       Aggregated volume

     -       Price
 e)  Date of the transaction                                      20 December 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

20 December 2022

f)

Place of the transaction

Outside a trading venue

 

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