Genuit Group PLC Director/PDMR Shareholding
August 20 2024 - 11:26AM
RNS Regulatory News
RNS Number : 1491B
Genuit Group PLC
20 August 2024
Genuit Group plc (the
"Company")
The Company announces that on 15
August 2024, Joe Vorih, Chief Executive Officer and a Person
Discharging Managerial Responsibilities, exercised a nil-cost
option over 29,935 ordinary shares (including 9,163 dividend
shares) of £0.001 each in the capital of the Company ("Shares") in
accordance with the Deferred Share Award that was granted to him on
22 March 2022 (the "Award") which vested on 17 March
2024.
Full details of the Award were
included in a regulatory announcement released on 23 March 2022 and
in the Company's 2022 Annual Report and Accounts. The Company's
Employee Benefit Trust has today transferred 15,866 Shares to Mr
Vorih which represents the net number of Shares due to him after
the appropriate tax and national insurance liabilities were taken
into account.
The Company also announces that on
14 August 2024, Martin Gisbourne, Chief Strategy and Sustainability
Officer and a Person Discharging Managerial Responsibilities,
exercised a nil-cost option over 3,414 Shares in accordance with
the Long-Term Incentive Plan award granted to him on 20 May 2021,
which vested on 20 May 2024. Mr. Gisbourne sold sufficient shares
to cover the appropriate tax and national insurance liabilities due
on exercise.
The notifications below, which have
been made in accordance with the requirements of the UK Market
Abuse Regulation, provide further detail.
Notification and public disclosure
of transactions by persons discharging managerial responsibilities
and persons closely associated with them.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Joe Vorih
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer/Director and
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Genuit Group plc
|
|
b)
|
LEI
|
2138005IF1N2RKJ6KO18
|
|
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
Identification code
|
Ordinary shares of £0.001 each in the
capital of Genuit Group plc
GB00BKRC5K31
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
15,866 - number of ordinary shares
acquired after reduction for appropriate tax and national insurance
liabilities.
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
15 August 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Martin Gisbourne
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Strategy and Sustainability
Officer and PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Genuit Group plc
|
|
b)
|
LEI
|
2138005IF1N2RKJ6KO18
|
|
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
Identification code
|
Ordinary shares of £0.001 each in the
capital of Genuit Group plc
GB00BKRC5K31
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares for no consideration
pursuant to the exercise of nil-cost
options under the Long-Term Incentive Plan ("LTIP") award granted
on 20 May 2021.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
1,739- Number of ordinary
shares acquired after reduction for appropriate tax and national
insurance
liabilities.
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
16 August 2024
|
|
f)
|
Place of the transaction
|
Outside a Trading Venue
|
Enquiries:
Emma Versluys, Group Legal Counsel and
Company Secretary
+44 (0) 1138 315 315
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