WICKES GROUP PLC: Director / PDMR Shareholding (1236911)
30 September 2021 - 01:32AM
UK Regulatory
WICKES GROUP PLC (WIX) WICKES GROUP PLC: Director / PDMR
Shareholding 29-Sep-2021 / 16:32 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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Wickes Group PLC
(the 'Company')
Notifications of transactions by Persons Discharging
Managerial
Responsibilities ('PDMRs')
Further to a prospectus of the Company dated 24 March 2021 the
Company announces that on 28 September 2021 (the 'Grant Date') the
following awards in respect of ordinary shares of 10 pence each in
the Company ('Shares') were made by way of nil cost option under
the Wickes Long Term Incentive Plan to PDMRs as set out below.
The number of shares subject to the options awarded has been
calculated using a share price of 221.2 pence, being the closing
market price of the Company's Shares on the dealing day immediately
preceding the Grant Date.
Number of
Option Price
Award PDMR Shares
under option
Transitional Award David Wood 391,614 nil
Transitional Award Julie Wirth 237,342 nil
LTIP David Wood 391,614 nil
LTIP Julie Wirth 237,342 nil
The options under the Transitional Awards comprise two tranches
of which 50% will vest on 28 April 2022 and 50% will vest on 28
April 2023 subject to assessment against agreed performance
conditions that include achievement of a financial underpin. Vested
options will be subject to a two year holding period.
The options under the LTIP will vest on 28 September 2024
subject to the achievement of performance conditions. Vested
options will be subject to a two year holding period.
If options vest they will normally be exercisable until the
tenth anniversary of the Grant Date.
In the event that dividends are paid in the period between the
Grant Date and the Normal Vesting Date (or, where Shares under an
Option are subject to a Holding Period, the earlier of the date of
expiry of the Holding Period or the date of exercise of the
Option), the number of shares awarded will be increased to reflect
the dividends that would have accrued had they been reinvested in
shares.
This Notification is made in accordance with the requirements of
Article 19 of the UK Market Abuse Regulation. The Notification of
Dealing Forms for each PDMR can be found below.
For further information please contact:
Marianne Phillips
Assistant Company Secretary
Tel: (44) 7552 211056
Notification of Dealing Forms
1 Details of the person discharging managerial responsibilities/ person closely associated
a) Name David Wood
2 Reason for the notification
a) Position/Status PDMR
b) Initial notification/Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer
3
or auction monitor
a) Name Wickes Group plc
b) LEI 213800IEX9ZXJRAOL133
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
4 each type of transaction; (iii) each date; and; (iv) each place where transaction have been
conducted
Description of the financial
Ordinary Shares of 10 pence each
instrument,
a)
type of instrument
ISIN: GB00BL6C2002
Identification code
b) Nature of the transaction Grant of options under the Wickes Long Term Incentive Plan
Price(s) Volume(s)
c) Price(s) and volume (s)
GBP2.212 391,614
GBP2.212 391,614
Aggregated information
Aggregate Aggregate Aggregate
d) -Aggregated volume
Price Volume Total
-Price GBP2.212 783,228 GBP1,732,500.34
e) Date of the transaction 28 September 2021
f) Place of the transaction XLON
1 Details of the person discharging managerial responsibilities/ person closely associated
a) Name Julie Wirth
2 Reason for the notification
a) Position/Status PDMR
b) Initial notification/Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer
3
or auction monitor
a) Name Wickes Group plc
b) LEI 213800IEX9ZXJRAOL133
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
4 each type of transaction; (iii) each date; and; (iv) each place where transaction have been
conducted
Description of the financial
Ordinary Shares of 10 pence each
instrument,
a)
type of instrument
ISIN: GB00BL6C2002
Identification code
b) Nature of the transaction Grant of options under the Wickes Long Term Incentive Plan
Price(s) Volume(s)
c) Price(s) and volume (s)
GBP2.212 237,342
GBP2.212 237,342
Aggregated information
Aggregate Aggregate Aggregate
d) -Aggregated volume
Price Volume Total
-Price GBP2.212 474,684 GBP1,050,001.01
e) Date of the transaction 28 September 2021
f) Place of the transaction XLON
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ISIN: GB00BL6C2002
Category Code: DSH
TIDM: WIX
LEI Code: 213800IEX9ZXJRAOL133
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 123216
EQS News ID: 1236911
End of Announcement EQS News Service
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