TIDMGNS
RNS Number : 6487M
Genus PLC
15 September 2023
15 September 2023
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that, further to the vesting on
14 September 2023 of conditional nil-cost options granted in 2020
under the Genus 2019 Performance Share Plan (the 'PSP'), as listed
in table A below; and conditional nil-cost options granted in 2020
under the Genus Deferred Share Bonus Plan (the 'DSBP') as listed in
table B below , members of the Genus Executive Leadership Team
('GELT') sold ordinary shares in Genus on 14 September 2023 on the
London Stock Exchange, to offset income tax and social security
liabilities due on the exercises and retained the balance of
ordinary shares.
Conditional nil-cost options granted under the PSP were subject
to relevant performance conditions, measured over a three-year
performance period which commenced on 1 July 2020 and ended on 30
June 2023. Following assessment of the performance conditions, the
Remuneration Committee determined that the awards would vest at 36%
of the original grant and the balance of the awards have
lapsed.
Genus also announces that, further to the vesting on 14
September 2023 of conditional share awards granted in 2020 and 2022
under the Genus 2019 Performance Share Plan (the 'PSP'), as listed
in table C below, Matt Culbertson, a member of the Genus Executive
Leadership Team ('GELT') sold ordinary shares in Genus on 14
September 2023 on the London Stock Exchange, to offset income tax
and social security liabilities due on the releases and retained
the balance of ordinary shares.
Conditional share awards were granted to Matt Culbertson under
the PSP prior to him becoming a member of GELT. These conditional
share awards were not subject to company performance
conditions.
The below notifications, made in accordance with Article 19 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of
domestic law by virtue of the European Union (Withdrawal) Act 2018,
give further detail on the number of nil-cost options exercised and
ordinary shares sold on 14 September 2023.
For further information please contact:
Genus:
Cara Guedeney, Deputy Company Secretary Tel: +44 (0)1256
347100
Table A - GELT 2019 Performance Share Plan Exercise
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name 1. Stephen Wilson
2. Matt Culbertson
3. Nate Zwald
4. Jerry Thompson
5. Dan Hartley
6. Angelle Rosata
=========================== ================================================================
2. Reason for the notification
=============================================================================================
a. Position/status 1. Executive Director
2. Chief Operating Officer Genus PIC
3. Chief Operating Officer Genus ABS Dairy
4. Chief Operating Officer Genus ABS Beef
5. Group General Counsel & Company Secretary
6. Group Human Resources Director
=========================== ================================================================
b. Initial notification Initial notification
/Amendment
=========================== ================================================================
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
=============================================================================================
a. Name Genus plc
=========================== ================================================================
b. LEI 54930022EOITNKSIGH56
=========================== ================================================================
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 Ordinary shares of 10p each
of the
Financial instrument,
type of instrument GB0002074580
Identification
code
=========================== ================================================================
b. Nature of the Exercise of nil-cost options under the PSP.
transaction
=========================== ================================================================
c. Price(s) and Numbers 1 to 6 in the left-hand column correspond
volume(s) to the relevant PDMR as detailed in boxes 1a
and 2a above.
Price(s) Volume(s)
1. 0p 11,116
----------
2. 0p 1,880
----------
3. 0p 3,908
----------
4. 0p 3,829
----------
5. 0p 3,872
----------
6. 0p 3,663
----------
=========================== ================================================================
d. Aggregated information Price(s) Volume(s)
* Aggregated volume 1. 0p 11,116
----------
2. 0p 1,880
* Price ----------
3. 0p 3,908
----------
4. 0p 3,829
----------
5. 0p 3,872
----------
6. 0p 3,663
----------
Numbers 1 to 6 in the left-hand column correspond
to the relevant PDMR as detailed in boxes 1a
and 2a above.
=========================== ================================================================
e. Date of the 2023-09-14
transaction
=========================== ================================================================
f. Place of the Outside a trading venue.
transaction
=========================== ================================================================
5. 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 Ordinary shares of 10p each
of the
Financial instrument,
type of instrument GB0002074580
Identification
code
============================= ==============================================================
b. Nature of the Sale of shares arising from the exercise of nil-cost
transaction options under the PSP to offset income tax and
social security liabilities due on the exercise.
=========================== ================================================================
c. Price(s) and Numbers 1 to 6 in the left-hand column correspond
volume(s) to the relevant PDMR as detailed in boxes 1a
and 2a above.
Price(s) Volume(s)
1. 2,142.2049p 5,241
----------
2. 2,148.7598p 666
----------
3. 2,146.7835p 1,968
----------
4. 2,159.2511p 2,019
----------
5. 2,143.1358p 1,826
----------
6. 2,140.0000p 1,711
----------
=========================== ================================================================
d. Aggregated information Numbers 1 to 6 in the left-hand column correspond
* Aggregated volume to the relevant PDMR as detailed in boxes 1a
and 2a above.
Price(s) Volume(s)
* Price 1. 2,142.2049p 5,241
----------
2. 2,148.7598p 666
----------
3. 2,146.7835p 1,968
----------
4. 2,159.2511p 2,019
----------
5. 2,143.1358p 1,826
----------
6. 2,140.0000p 1,711
----------
=========================== ================================================================
e. Date of the 2023-09-14
transaction
=========================== ================================================================
f. Place of the London Stock Exchange, Main Market (XLON)
transaction
=========================== ================================================================
Table B - GELT Deferred Share Bonus Plan Exercise
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name 1. Stephen Wilson
2. Matt Culbertson
3. Nate Zwald
4. Jerry Thompson
5. Dan Hartley
6. Angelle Rosata
=========================== ================================================================
2. Reason for the notification
=============================================================================================
a. Position/status 1. Executive Director
2. Chief Operating Officer Genus PIC
3. Chief Operating Officer Genus ABS Dairy
4. Chief Operating Officer Genus ABS Beef
5. Group General Counsel & Company Secretary
6. Group Human Resources Director
=========================== ================================================================
b. Initial notification Initial notification
/Amendment
=========================== ================================================================
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
=============================================================================================
a. Name Genus plc
=========================== ================================================================
b. LEI 54930022EOITNKSIGH56
=========================== ================================================================
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 Ordinary shares of 10p each
of the
Financial instrument,
type of instrument GB0002074580
Identification
code
=========================== ================================================================
b. Nature of the Exercise of nil-cost options under the DSBP.
transaction
=========================== ================================================================
c. Price(s) and Numbers 1 to 6 in the left-hand column correspond
volume(s) to the relevant PDMR as detailed in boxes 1a
and 2a above.
Price(s) Volume(s)
1. 0p 8,079
----------
2. 0p 1,810
----------
3. 0p 1,518
----------
4. 0p 1,511
----------
5. 0p 1,651
----------
6. 0p 1,538
----------
=========================== ================================================================
d. Aggregated information Price(s) Volume(s)
* Aggregated volume 1. 0p 8,079
----------
2. 0p 1,810
* Price ----------
3. 0p 1,518
----------
4. 0p 1,511
----------
5. 0p 1,651
----------
6. 0p 1,538
----------
Numbers 1 to 6 in the left-hand column correspond
to the relevant PDMR as detailed in boxes 1a
and 2a above.
=========================== ================================================================
e. Date of the 2023-09-14
transaction
=========================== ================================================================
f. Place of the Outside a trading venue.
transaction
=========================== ================================================================
5. 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 Ordinary shares of 10p each
of the
Financial instrument,
type of instrument GB0002074580
Identification
code
============================= ==============================================================
b. Nature of the Sale of shares arising from the exercise of nil-cost
transaction options under the DSBP to offset income tax and
social security liabilities due on the exercise.
=========================== ================================================================
c. Price(s) and Numbers 1 to 6 in the left-hand column correspond
volume(s) to the relevant PDMR as detailed in boxes 1a
and 2a above.
Price(s) Volume(s)
1. 2,138.1111p 3,809
----------
2. 2,157.7285p 641
----------
3. 2,159.1111p 765
----------
4. 2,154.0176p 797
----------
5. 2,160.6444p 779
----------
6. 2,140.0000p 719
----------
=========================== ================================================================
d. Aggregated information Numbers 1 to 6 in the left-hand column correspond
* Aggregated volume to the relevant PDMR as detailed in boxes 1a
and 2a above.
Price(s) Volume(s)
* Price 1. 2,138.1111p 3,809
----------
2. 2,157.7285p 641
----------
3. 2,159.1111p 765
----------
4. 2,154.0176p 797
----------
5. 2,160.6444p 779
----------
6. 2,140.0000p 719
----------
=========================== ================================================================
e. Date of the 2023-09-14
transaction
=========================== ================================================================
f. Place of the London Stock Exchange, Main Market (XLON)
transaction
=========================== ================================================================
Table C - GELT 2019 Performance Share Plan Release
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Matt Culbertson
=========================== =========================================================
2. Reason for the notification
======================================================================================
b. Position/status Chief Operating Officer Genus PIC
=========================== =========================================================
c. Initial notification Initial notification
/Amendment
=========================== =========================================================
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
======================================================================================
d. Name Genus plc
=========================== =========================================================
e. LEI 54930022EOITNKSIGH56
=========================== =========================================================
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
======================================================================================
f. Description Ordinary shares of 10p each
of the
Financial instrument,
type of instrument GB0002074580
Identification
code
=========================== =========================================================
g. Nature of the Release of conditional share awards under the
transaction PSP.
=========================== =========================================================
h. Price(s) and Price(s) Volume(s)
volume(s) 0p 2,238
----------
0p 584
----------
=========================== =========================================================
i. Aggregated information Price(s) Volume(s)
* Aggregated volume 0p 2,238
----------
0p 584
* Price ----------
=========================== =========================================================
j. Date of the 2023-09-14
transaction
=========================== =========================================================
k. Place of the Outside a trading venue.
transaction
=========================== =========================================================
5. 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 Ordinary shares of 10p each
of the
Financial instrument,
type of instrument GB0002074580
Identification
code
============================= =======================================================
b. Nature of the Sale of shares arising from the release of conditional
transaction share awards under the PSP to offset income tax
and social security liabilities due on the release.
=========================== =========================================================
c. Price(s) and Price(s) Volume(s)
volume(s) 2,120.3822p 793
----------
2,120.3822p 208
----------
=========================== =========================================================
d. Aggregated information Price(s) Volume(s)
* Aggregated volume 2,120.3822p 793
----------
2,120.3822p 208
* Price ----------
=========================== =========================================================
e. Date of the 2023-09-14
transaction
=========================== =========================================================
f. Place of the London Stock Exchange, Main Market (XLON)
transaction
=========================== =========================================================
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END
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