12 September 2024
Genus
plc
Director/PDMR
Shareholding
Genus plc (LSE: GNS) announces that on 11
September 2024, conditional nil-cost share options were granted
under the Genus 2019 Performance Share Plan ('PSP') over ordinary
shares in Genus to the Executive Directors and members of the Genus
Executive Leadership Team ('GELT') as listed in table A below. In
addition, following Genus's compulsory deferral requirements
relating to the annual bonus earned by Executive Directors and GELT
for the financial year ended 30 June 2024, nil-cost share options
were granted over ordinary shares under the Genus 2019 Deferred
Share Bonus Plan ('DSBP') as listed in table B below.
Details of the performance conditions that
apply to the nil-cost share options can be found in the Directors'
Remuneration Report of the Genus 2024 Annual Report which will be
published next month.
The price at which PSP and DSBP nil-cost share
options have been granted was determined in accordance with the PSP
and DSBP rules.
Genus further announces that, further to the
vesting on 14 September 2023 of conditional nil-cost options
granted in 2020 under the PSP, as listed in table C below; and
conditional nil-cost options granted in 2020 under the DSBP
as listed in table D below,
Elena Rice, Chief Scientific Officer sold ordinary
shares in Genus on 11 September 2024 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.
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 of the nil-cost option awards made, exercised and
ordinary shares sold on 11 September 2024.
For further information please
contact:
Genus:
Cara Guedeney, Deputy Company
Secretary
Tel: +44 (0)1256 347100
Table A - GELT 2019 Performance Share Plan
Options
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
1. Jorgen
Kokke
2. Alison
Henriksen
3. Matt
Culbertson
4. Jim
Low
5. Jerry
Thompson
6. Elena
Rice
7. Angelle
Rosata
8. Dan
Hartley
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
1. Chief
Executive
2. Chief Financial
Officer
3. Chief Operating
Officer, Genus PIC
4. Chief Operating
Officer, Genus ABS
5. Regional
Director of ABS EMEA
6. Chief
Scientific Officer
7. Chief Human Resources
Officer
8. Group General
Counsel & Company Secretary
|
|
b.
|
Initial notification
/Amendment
|
Initial notification
|
|
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 of the
Financial instrument, type of
instrument
Identification code
|
Ordinary shares of 10p
each.
GB0002074580
|
|
b.
|
Nature of the transaction
|
Award of nil-cost share options
granted under the PSP over ordinary shares in Genus.
|
|
c.
|
Price(s) and volume(s)
|
Numbers 1 to 8 in the left-hand
column correspond to the relevant PDMR as detailed in boxes 1a and
2a above.
|
Price(s)
|
Volume(s)
|
|
1.
0p
|
73,251
|
|
2.
0p
|
53,705
|
|
3.
0p
|
30,491
|
|
4.
0p
|
26,572
|
|
5.
0p
|
25,452
|
|
6.
0p
|
26,713
|
|
7.
0p
|
24,203
|
|
8. 0p
|
25,510
|
|
|
d.
|
Aggregated information
·
Aggregated
volume
·
Price
|
n/a
|
|
e.
|
Date of the transaction
|
2024-09-11
|
|
f.
|
Place of the transaction
|
Outside a trading venue.
|
Table B - GELT 2019 Deferred Share Bonus Plan
Options
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
1. Jorgen
Kokke
2. Alison
Henriksen
3. Matt
Culbertson
4. Jim
Low
5. Jerry
Thompson
6. Elena
Rice
7. Angelle
Rosata
8. Dan
Hartley
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
1. Chief
Executive
2. Chief Financial
Officer
3. Chief Operating
Officer, Genus PIC
4. Chief Operating
Officer, Genus ABS
5. Regional
Director of ABS EMEA
6. Chief
Scientific Officer
7. Chief Human Resources
Officer
8. Group General
Counsel & Company Secretary
|
|
b.
|
Initial notification
/Amendment
|
Initial notification
|
|
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 of the
Financial instrument, type of
instrument
Identification code
|
Ordinary shares of 10p
each.
GB0002074580
|
|
b.
|
Nature of the transaction
|
Award of nil-cost share options
granted under the DSBP following the compulsory deferral of 33% and
25% of annual bonus for Executive Directors and members of GELT
respectively in respect of bonuses earned in the financial year
ended 30 June 2024.
|
|
c.
|
Price(s) and volume(s)
|
Numbers 1 to 8 in the left-hand
column correspond to the relevant PDMR as detailed in boxes 1a and
2a above.
|
Price(s)
|
Volume(s)
|
|
1.
0p
|
11,856
|
|
2.
0p
|
7,910
|
|
3.
0p
|
2,577
|
|
4.
0p
|
664
|
|
5.
0p
|
1,673
|
|
6.
0p
|
2,161
|
|
7.
0p
|
2,006
|
|
8. 0p
|
2,200
|
|
|
d.
|
Aggregated information
·
Aggregated
volume
·
Price
|
n/a
|
|
e.
|
Date of the transaction
|
2024-09-11
|
|
f.
|
Place of the transaction
|
Outside a trading venue.
|
Table C - GELT 2019 Performance Share Plan
Exercise
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Elena Rice
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Chief Scientific Officer
|
|
b.
|
Initial notification
/Amendment
|
Initial notification
|
|
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 of the
Financial instrument, type of
instrument
Identification code
|
Ordinary shares of 10p
each
GB0002074580
|
|
b.
|
Nature of the transaction
|
Exercise of nil-cost options under
the PSP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0p
|
3,996
|
|
|
d.
|
Aggregated information
·
Aggregated
volume
·
Price
|
|
Price(s)
|
Volume(s)
|
|
0p
|
3,996
|
|
|
e.
|
Date of the transaction
|
2024-09-11
|
|
f.
|
Place of the transaction
|
Outside a trading venue.
|
|
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 of the
Financial instrument, type of
instrument
Identification code
|
Ordinary shares of 10p
each
GB0002074580
|
|
b.
|
Nature of the transaction
|
Sale of shares arising from the
exercise of nil-cost options under the PSP to offset income tax and
social security liabilities due on the exercise.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1,853.94p
|
1,443
|
|
|
d.
|
Aggregated information
·
Aggregated
volume
·
Price
|
|
Price(s)
|
Volume(s)
|
|
1,853.94p
|
1,443
|
|
|
e.
|
Date of the transaction
|
2024-09-11
|
|
f.
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
|
|
| |
Table D - GELT Deferred Share Bonus Plan
Exercise
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Elena Rice
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Chief Scientific Officer
|
|
b.
|
Initial notification
/Amendment
|
Initial notification
|
|
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 of the
Financial instrument, type of
instrument
Identification code
|
Ordinary shares of 10p
each
GB0002074580
|
|
b.
|
Nature of the transaction
|
Exercise of nil-cost options under
the DSBP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0p
|
1,696
|
|
|
d.
|
Aggregated information
·
Aggregated
volume
·
Price
|
|
Price(s)
|
Volume(s)
|
|
0p
|
1,696
|
|
|
e.
|
Date of the transaction
|
2024-09-11
|
|
f.
|
Place of the transaction
|
Outside a trading venue.
|
|
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 of the
Financial instrument, type of
instrument
Identification code
|
Ordinary shares of 10p
each
GB0002074580
|
|
b.
|
Nature of the transaction
|
Sale of shares arising from the
exercise of nil-cost options under the DSBP to offset income tax
and social security liabilities due on the exercise.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1,853.92p
|
613
|
|
|
d.
|
Aggregated information
·
Aggregated
volume
·
Price
|
|
Price(s)
|
Volume(s)
|
|
1,853.92p
|
613
|
|
|
e.
|
Date of the transaction
|
2024-09-11
|
|
f.
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
|
|
| |
