Phoenix Group Holdings Director/PDMR Shareholding (4800T)

TIDMPHNX

RNS Number : 4800T

Phoenix Group Holdings

05 January 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The PDMR below was granted an award under the Long Term Incentive Plan ("LTIP") in 2013 over Ordinary Shares of EUR0.0001 each fully paid in the Company. The 2013 LTIP has now vested and participants are now able to exercise. The transacation disclosed below provides details on the total number of shares exercised and the number of shares sold.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                     James McConville 
---  -----------------------  ------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status          Group Finance Director 
---  -----------------------  ------------------------------------- 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                     Phoenix Group Holdings 
---  -----------------------  ------------------------------------- 
 b)   LEI                      21380031B1D56JRCE375 
---  -----------------------  ------------------------------------- 
 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          Phoenix Group Holdings Ordinary 
       instrument,               Shares of EUR0.0001 
       type of instrument 
                                 KYG7091M1096 
       Identification 
       code 
---  -----------------------  ------------------------------------- 
 b)   Nature of the            Exercise of Awards under the 
       transaction              Phoenix Group's Long Term Incentive 
                                Plan - Acquisition and Sale 
---  -----------------------  ------------------------------------- 
 c)   Price(s) and               Acquisition     Sale of shares 
       volume(s)                   of shares on 
                                   exercise of 
                                   share award 
                                 --------------  --------------- 
                                  90,535          90,535 
                                   (Nil)           (GBP7.532) 
                                 --------------  --------------- 
---  -----------------------  ------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated              See 4 c) above 
       volume 
 
                                 See 4 c) above 
       - Price 
---  -----------------------  ------------------------------------- 
 e)   Date of the              5 January 2017 
       transaction 
---  -----------------------  ------------------------------------- 
 f)   Place of the             London 
       transaction 
---  -----------------------  ------------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The PDMR below was granted an award under the Long Term Incentive Plan ("LTIP") in 2013 over Ordinary Shares of EUR0.0001 each fully paid in the Company. The 2013 LTIP has now vested and participants are now able to exercise. The transacation disclosed below provides details on the total number of shares exercised and the number of shares sold to cover income tax and National Insurance.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                     Andrew Moss 
---  -----------------------  --------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status          Chief Executive, Phoenix Life 
                                (subsidiary operation of Phoenix 
                                Group Holdings) 
---  -----------------------  --------------------------------------- 
 b)   Initial notification     Initial Notification 
       /Amendment 
---  -----------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                     Phoenix Group Holdings 
---  -----------------------  --------------------------------------- 
 b)   LEI                      21380031B1D56JRCE375 
---  -----------------------  --------------------------------------- 
 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          Phoenix Group Holdings Ordinary 
       instrument,               Shares of EUR0.0001 
       type of instrument 
                                 KYG7091M1096 
       Identification 
       code 
---  -----------------------  --------------------------------------- 
 b)   Nature of the            Exercise of Awards under the 
       transaction              Phoenix Group's Long Term Incentive 
                                Plan - Acquisition and Sale 
---  -----------------------  --------------------------------------- 
 c)   Price(s) and               Acquisition     Sale of shares 
       volume(s)                   of shares on    to satisfy 
                                   exercise of     income tax 
                                   share award     and NICs liability 
                                 --------------  -------------------- 
                                  28,290          13,344 
                                   (Nil)           (GBP7.508) 
                                 --------------  -------------------- 
---  -----------------------  --------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated              See 4 c) above 
       volume 
 
                                 See 4 c) above 
       - Price 
---  -----------------------  --------------------------------------- 
 e)   Date of the              5 January 2017 
       transaction 
---  -----------------------  --------------------------------------- 
 f)   Place of the             London 
       transaction 
---  -----------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 05, 2017 11:30 ET (16:30 GMT)