RM plc: Director/PDMR Performance Share Plan Awards (1314919)

RM plc (RM.) RM plc: Director/PDMR Performance Share Plan Awards 30-March-2022 / 08:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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Wednesday, March 30th 2022

RM plc

Director/PDMR Performance Share Plan Awards

In accordance with DTR 3.1.4 R(1)(a), RM plc announces that, on 29 March 2022, options were granted for nil consideration over the following numbers of ordinary shares of 2 2/7pence each in the Company under the RM Performance Share Plan 2019:

Director/PDMR    Shares Comprised in Awards 
Neil Martin      200,000 
Mark Berry       160,000 
Monique Louis    125,000 
John Baskerville 125,000

The options are exercisable in the period 31 March 2025 to 29 March 2032 at an exercise price of GBP0.00 per share. It is anticipated that option exercises will be satisfied by the transfer of shares from the Company's employee benefit trust.

Vesting of the award and the receipt of shares will be based on the following criteria:

One hundred percent (100%) of the award will be based on the Company's relative TSR performance measured from the average of the Index during January and February 2022 to the average of the Index during January and February 2025. The Company's TSR performance shall be measured against the TSR performance of the companies (Comparator Group) within the FTSE Small Cap (ex IT) Index over the above period and must be at least at the median of a ranking of the TSR of each of the members of the Comparator Group. Vesting will occur on a sliding scale between median (25%) and upper quartile (100%).

No award can vest before 31 March 2025

Contact:

RM plc             08450 700300 
Mark Lágler 
 
Company Secretary

Notes: 1. The RM Performance Share Plan 2019 was approved by shareholders at the Company's AGM held on 27 March2019.

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ISIN:           GB00BJT0FF39 
Category Code:  DSH 
TIDM:           RM. 
LEI Code:       2138005RKUCIEKLXWM61 
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State 
Sequence No.:   152330 
EQS News ID:    1314919 
 
End of Announcement  EQS News Service 
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March 30, 2022 03:00 ET (07:00 GMT)

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