REG - XPS Pensions Group - Director/PDMR Shareholding
Mon 15:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250714:nRSN9832Qa&default-theme=true
RNS Number : 9832Q XPS Pensions Group PLC 14 July 2025
14 July 2025
XPS Pensions Group plc
(the "Company")
TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
XPS announces that, on 10 July 2025, Paul Cuff (Co-Chief Executive Officer),
Ben Bramhall (Co-Chief Executive Officer), and Snehal Shah (Chief Financial
Officer), all persons discharging managerial responsibilities ("PDMRs"),
exercised nominal-cost options granted on 1 July 2022 under the Company's
Performance Share Plan ("PSP") to acquire ordinary shares of 0.05 pence each
in the Company ("Ordinary Shares").
Following exercise, the Directors sold Ordinary Shares to pay the related
income tax and National Insurance contributions arising upon the acquisition
of Ordinary Shares.
Further details are set out in the below notification, made in accordance with
the requirements of the UK Market Abuse Regulation.
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Benjamin Bramhall
b) Position/status Co-Chief Executive Officer / PDMR
c) Initial notification/ Initial notification
amendment
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name XPS Pensions Group plc
b) LEI 2138004Y8OBPJEAACJ11
3. 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(s) has been conducted
a) Description of the financial instrument Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b) Nature of the transaction Acquisition of Ordinary Shares following the exercise of nominal-cost options
granted under the XPS Pensions Group plc Performance Share Plan on 1 July
2022.
c) Price(s) and Price(s) Volume(s)
0.05p 383,948 Ordinary Shares
volume(s)
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
e) Date of the transaction 10 July 2025
f) Place of the transaction n/a
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
10 July 2025
f)
Place of the transaction
n/a
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Benjamin Bramhall
b) Position/status Co-Chief Executive Officer / PDMR
c) Initial notification/ Initial notification
amendment
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name XPS Pensions Group plc
b) LEI 2138004Y8OBPJEAACJ11
3. 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(s) has been conducted
a) Description of the financial instrument Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b) Nature of the transaction Disposal of Ordinary Shares to satisfy income tax and National Insurance
contributions liability relating to option exercise.
c) Price(s) and Price(s) Volume(s)
380p 181,117 Ordinary Shares
volume(s)
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
e) Date of the transaction 10 July 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
10 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Paul Cuff
b) Position/status Co-Chief Executive Officer / PDMR
c) Initial notification/ Initial notification
amendment
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name XPS Pensions Group plc
b) LEI 2138004Y8OBPJEAACJ11
3. 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(s) has been conducted
a) Description of the financial instrument Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b) Nature of the transaction Acquisition of Ordinary Shares following the exercise of nominal-cost options
granted under the XPS Pensions Group plc Performance Share Plan on 1 July
2022.
c) Price(s) and Price(s) Volume(s)
0.05p 383,948 Ordinary Shares
volume(s)
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
e) Date of the transaction 10 July 2025
f) Place of the transaction n/a
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
10 July 2025
f)
Place of the transaction
n/a
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Paul Cuff
b) Position/status Co-Chief Executive Officer / PDMR
c) Initial notification/ Initial notification
amendment
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name XPS Pensions Group plc
b) LEI 2138004Y8OBPJEAACJ11
3. 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(s) has been conducted
a) Description of the financial instrument Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b) Nature of the transaction Disposal of Ordinary Shares to satisfy income tax and National Insurance
contributions liability relating to option exercise.
c) Price(s) and Price(s) Volume(s)
380p 181,117 Ordinary Shares
volume(s)
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
e) Date of the transaction 10 July 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
10 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Snehal Shah
b) Position/status Chief Financial Officer / PDMR
c) Initial notification/ Initial notification
amendment
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name XPS Pensions Group plc
b) LEI 2138004Y8OBPJEAACJ11
3. 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(s) has been conducted
a) Description of the financial instrument Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b) Nature of the transaction Acquisition of Ordinary Shares following the exercise of nominal-cost options
granted under the XPS Pensions Group plc Performance Share Plan on 1 July
2022.
c) Price(s) and Price(s) Volume(s)
0.05p 270,260 Ordinary Shares
volume(s)
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
e) Date of the transaction 10 July 2025
f) Place of the transaction n/a
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
10 July 2025
f)
Place of the transaction
n/a
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Snehal Shah
b) Position/status Chief Financial Officer / PDMR
c) Initial notification/ Initial notification
amendment
2. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name XPS Pensions Group plc
b) LEI 2138004Y8OBPJEAACJ11
3. 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(s) has been conducted
a) Description of the financial instrument Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b) Nature of the transaction Disposal of Ordinary Shares to satisfy income tax and National Insurance
contributions liability relating to option exercise.
c) Price(s) and Price(s) Volume(s)
380p 127,488 Ordinary Shares
volume(s)
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
e) Date of the transaction 10 July 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
10 July 2025
f)
Place of the transaction
London Stock Exchange (XLON)
-Ends-
For further information, contact:
XPS Pensions Group
Sarah Rixon +44 11 8918 5265
Group Company Secretary
Canaccord Genuity (Joint Broker) +44 (0)20 7523 8000
Adam James
George Grainger
Deutsche Bank (Joint Broker) +44 (0)20 7260 1000
Stuart Skinner
Kevin Cruickshank
Media Enquiries:
Camarco +44 (0)20 3757 4980; xps@camarco.co.uk
Gordon Poole
Rosie Driscoll
Phoebe Pugh
Notes to Editors:
XPS Group is a leading consulting and administration business focused on UK
pension schemes and insurers. XPS combines expertise, insight and technology
to address the needs of over 1,300 pension schemes and their sponsoring
employers on an ongoing and project basis, also providing advice and
administration to UK insurance companies. We undertake pensions administration
for c. 1.2 million members and provide advisory services to schemes and
corporate sponsors in respect of schemes of all sizes, including 86 with
assets over £1bn.
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 DSHFLFSVDRISLIERecent news on XPS Pensions
See all newsREG - XPS Pensions Group - Director/PDMR Shareholding
AnnouncementREG - XPS Pensions Group - Annual Report & Accounts and Notice of 2025 AGM
AnnouncementREG - XPS Pensions Group - Holding(s) in Company
AnnouncementREG - XPS Pensions Group - Holding(s) in Company
AnnouncementREG - XPS Pensions Group - Director/PDMR Shareholding
Announcement