REG-ZIGUP plc: Director/PDMR Shareholding

ZIGUPAnnouncement

16/08/2024 15:30

ZIGUP plc

("ZIGUP" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS             
                           
             

This announcement is made in accordance with Article 19 of the Market Abuse
Regulation ('MAR').

The Company announces that the nil cost award of options over ordinary shares
of £0.50 pence each in the Company made to the executive directors on 9
August 2021 under the Company's 2019 Executive Performance Share Plan
("Awards") vested on 9 August 2024.

On 14 August 2024, the executive directors exercised the following Awards and
sold the following ordinary shares in order to satisfy the personal taxation
obligations arising on exercise:

 Director        Award Exercised  Shares sold  Shares retained                                                   
 Martin Ward     206,853          97,563       109,290 (These shares are subject to a two-year holding period).  
 Philip Vincent  133,601          63,014       70,587 (These shares are subject to a two-year holding period).   

 

The ordinary shares required to satisfy the exercise of the Awards were
transferred from the Company's Employee Benefit Trust.

Details of the full notification by the Company are set out below.

 1         Details of the person discharging managerial responsibilities / person closely associated                                                                                                                                                                                                                                                                                                                      
 a)        Name                                                                                               Martin Ward                                                                                                                                                                                                                                                                                                 
 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                                                                                               ZIGUP plc                                                                                                                                                                                                                                                                                                   
 b)        LEI                                                                                                213800B3ZUTDOZYVJB41                                                                                                                                                                                                                                                                                        
 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                                        Ordinary shares of £0.50 pence each in ZIGUP plc                                                                                                                                                                                                                                                            
 b)        Identification code                                                                                GB00B41H7391                                                                                                                                                                                                                                                                                                
 c)        Nature of the transaction                                                                          Acquisition of Ordinary Shares of £0.50 pence each made under the ZIGUP plc 2019 Executive Performance Share Plan                                                                                                                                                                                           
 d)        Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                                                                         
 Price(s)  Volume(s)                                                                                          
 Nil       206,853                                                                                            
 e)        Aggregated information  - Aggregated Volume  - Price                                               206,853  Nil                                                                                                                                                                                                                                                                                                
 f)        Date of the transaction                                                                            14 August 2024                                                                                                                                                                                                                                                                                              
 g)        Place of the transaction                                                                           Outside of a Trading Venue                                                                                                                                                                                                                                                                                  
           Transaction 2                                                                                                                                                                                                                                                                                                                                                                                                  
 a)        Description of the financial instrument, type of instrument                                        Ordinary shares of £0.50 pence each in ZIGUP plc                                                                                                                                                                                                                                                            
 b)        Identification code                                                                                GB00B41H7391                                                                                                                                                                                                                                                                                                
 c)        Nature of the transaction                                                                          Sale of Ordinary Shares made under the ZIGUP plc 2019 Executive Performance Share Plan to cover personal tax and social security obligations arising from the vesting of the Award.  The balance of shares, being 109,290, were transferred to his nominee account with no change in beneficial ownership.  
 d)        Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                                                                         
 Price(s)  Volume(s)                                                                                          
 £4.00     97,563                                                                                             
 e)        Aggregated information  - Aggregated Volume  - Price                                               97,563  £4.00                                                                                                                                                                                                                                                                                               
 f)        Date of the transaction                                                                            14 August 2024                                                                                                                                                                                                                                                                                              
 g)        Place of the transaction                                                                           London Stock Exchange (XLON)                                                                                                                                                                                                                                                                                

 

 1         Details of the person discharging managerial responsibilities / person closely associated                                                                                                                                                                                                                                                                                                                                                                        
 a)        Name                                                                                               Philip Vincent                                                                                                                                                                                                                                                                                                                                                
 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                                                                                               ZIGUP plc                                                                                                                                                                                                                                                                                                                                                     
 b)        LEI                                                                                                213800B3ZUTDOZYVJB41                                                                                                                                                                                                                                                                                                                                          
 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                                        Ordinary shares of £0.50 pence each in ZIGUP plc                                                                                                                                                                                                                                                                                                              
 b)        Identification code                                                                                GB00B41H7391                                                                                                                                                                                                                                                                                                                                                  
 c)        Nature of the transaction                                                                          Acquisition of Ordinary Shares of £0.50 pence made under the ZIGUP plc 2019 Executive Performance Share Plan                                                                                                                                                                                                                                                  
 d)        Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                                                                                                                           
 Price(s)  Volume(s)                                                                                          
 Nil       133,601                                                                                            
 e)        Aggregated information  - Aggregated Volume  - Price                                               133,601  Nil                                                                                                                                                                                                                                                                                                                                                  
 f)        Date of the transaction                                                                            14 August 2024                                                                                                                                                                                                                                                                                                                                                
 g)        Place of the transaction                                                                           Outside of a Trading Venue                                                                                                                                                                                                                                                                                                                                    
           Transaction 2                                                                                                                                                                                                                                                                                                                                                                                                                                                    
 a)        Description of the financial instrument, type of instrument                                        Ordinary shares of £0.50 pence each in ZIGUP plc                                                                                                                                                                                                                                                                                                              
 b)        Identification code                                                                                GB00B41H7391                                                                                                                                                                                                                                                                                                                                                  
 c)        Nature of the transaction                                                                          Sale of Ordinary Shares made under the ZIGUP plc 2019 Executive Performance Share Plan to cover personal tax and social security obligations arising from the vesting of the Award. (This is set out in columns D&E of transaction 2).  The balance of shares, being 70,587, were transferred to his nominee account with no change in beneficial ownership.  
 d)        Price(s) and volume(s)                                                                                                                                                                                                                                                                                                                                                                                                                                           
 Price(s)  Volume(s)                                                                                          
 £4.00     63,014                                                                                             
 e)        Aggregated information  - Aggregated Volume  - Price                                               63,014  £4.00                                                                                                                                                                                                                                                                                                                                                 
 f)        Date of the transaction                                                                            14 August 2024                                                                                                                                                                                                                                                                                                                                                
 g)        Place of the transaction                                                                           London Stock Exchange (XLON)                                                                                                                                                                                                                                                                                                                                  

 

 

For further information, please contact:

 

ZIGUP plc

Matthew Barton, Company Secretary

matt.barton@zigup.com

 



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