Hyve Group PLC Director/PDMR Shareholding (3240Q)
27 October 2021 - 12:54AM
UK Regulatory
TIDMHYVE
RNS Number : 3240Q
Hyve Group PLC
26 October 2021
26 October 2021
Hyve Group plc
('Hyve' or 'the Company')
Director/PDMR Shareholding
HYVE GROUP PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED
PERSONS
Hyve Group plc announces that, on 26 October 2021, the following
Directors and Persons Discharging Managerial Responsibility
("PDMRs") have been granted awards (by way of an acquisition of
shares in Hyve Holdings Limited) under the Company's Value Creation
Plan (the "VCP" or the "Plan") which was approved by shareholders
in a general meeting on 25 October 2021. The awards entitle the
PDMRs to acquire ordinary shares of 10pence each in the Company
("Shares") up to the maximum number set out below, subject to the
satisfaction of certain performance conditions and continued
employment.
In accordance with Hyve's approved Remuneration Policy, the VCP
is designed to align the interests of the Company's shareholders
and senior management allowing them to share in the incremental
shareholder value created over the next 3, 4 and 5 years. Vesting
is dependent on performance conditions being satisfied in 2024,
2025 and 2026.
Name of PDMR Title Maximum number of Shares
under award
Mark Shashoua Chief Executive Officer 6,495,638
------------------------- -------------------------
Chief Finance and
John Gulliver Operations Officer 3,526,203
------------------------- -------------------------
Set out below are the notifications made in accordance with
Article 19 of the UK Market Abuse Regulation.
For further information please contact:
Hyve Group plc
Jared Cranney, Company Secretary +44 (0)20 3545 9400
FTI Consulting
Charles Palmer/Chris Birt
/ Jamille Smith / Tom Blundell +44 (0)20 3727 1000
Notification of Dealing Form:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Shashoua
------------------------ -----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------ -----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------ -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Hyve Group plc
------------------------ -----------------------------------------
b) LEI 549300ZOQOW485BCD047
------------------------ -----------------------------------------
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 Ordinary Shares of 10 pence each in the
the financial Company ("Shares")
instrument, type
of instrument
Identification ISIN: GB00BKP36R26
code
b) Nature of the Grant of conditional award over Shares
transaction under the Hyve Group plc Value Creation
Plan 2021
------------------------ -----------------------------------------
c) Price(s) and volume(s) Price per share Volume
10 pence 6,495,638
----------
------------------------ -----------------------------------------
d) Aggregated Information n/a single transaction
Volume
Price
------------------------ -----------------------------------------
e) Date of transaction 26 October 2021
------------------------ -----------------------------------------
f) Place of transaction Outside a trading venue
------------------------ -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Gulliver
------------------------ -----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Finance and Operations Officer
------------------------ -----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------ -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Hyve Group plc
------------------------ -----------------------------------------
b) LEI 549300ZOQOW485BCD047
------------------------ -----------------------------------------
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 Ordinary Shares of 10 pence each in the
the financial Company ("Shares")
instrument, type
of instrument
Identification ISIN: GB00BKP36R26
code
b) Nature of the Grant of conditional award over Shares
transaction under the Hyve Group plc Value Creation
Plan 2021
------------------------ -----------------------------------------
c) Price(s) and volume(s) Price per share Volume
10 pence 3,526,203
----------
------------------------ -----------------------------------------
d) Aggregated Information n/a single transaction
Volume
Price
------------------------ -----------------------------------------
e) Date of transaction 26 October 2021
------------------------ -----------------------------------------
f) Place of transaction Outside a trading venue
------------------------ -----------------------------------------
About Hyve Group plc
Hyve Group plc is a next-generation global events business whose
purpose is to bring together entire sector ecosystems from all
corners of the globe. We meet our customer needs to learn, network
and trade via both market leading in-person and online events. Hyve
Group plc is all about globally consistent best practice and
unrivalled quality. Our vision is to create the world's leading
portfolio of content-driven, must-attend events delivering an
outstanding experience and ROI for our customers. Hyve's market
leading portfolio of global brands include: Shoptalk, Spring Fair,
MosBuild, Bett, Mining Indaba and recently acquired Retail Meetup,
a ground-breaking digital platform enabling online networking and
trade to take place at scale.
Where business is personal, where meetings move markets and
where today's leaders inspire tomorrow's.
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END
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