FDM Group (Holdings) plc PDMR Shareholding (3114C)

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RNS Number : 3114C

FDM Group (Holdings) plc

09 June 2023

9 June 2023

FDM GROUP (HOLDINGS) PLC

PDMR Shareholding

FDM Group (Holdings) Plc ("FDM" or the "Company"), a global professional services provider with a focus on Information Technology, announces that on 9 June 2023 the PDMRs named below acquired ordinary shares of GBP0.01 each in the capital of the Company ("Shares"), as follows:

 
 Name              Position                       Number of Shares Acquired 
 Jonathan Young    Chief Information Officer      101 
                  -----------------------------  -------------------------- 
                   Group Governance Director & 
 Mark Heather       Company Secretary             171 
                  -----------------------------  -------------------------- 
 

The Shares represent an award of "Matching Shares" which the PDMRs were entitled to receive at no cost to them under FDM's all employee "Buy-As-You-Earn Plan" (the "Plan"), and were transferred from FDM's Employee Benefit Trust. The award of the Shares follows their vesting in accordance with the Plan, with the number of Shares representing 33.3% of the number of Shares purchased by each of the PDMRs using their respective monthly contributions made to the Plan in the 2021 calendar year (the "Purchased Shares"). The award was settled net, after deduction of the tax payable by the individuals on the award.

If the Purchased Shares continue to be retained for the required period, the PDMRs will be entitled to receive further awards of "Matching Shares" in respect of the Purchased Shares, as follows:

   --      33.33% in 2025; and 
   --      33.33% in 2027. 

The notification below provides further information about these transactions.

 
 1     Details of the person discharging managerial responsibilities / person closely associated 
 (a)   Name                         (i) Jonathan Young 
                                     (ii) Mark Heather 
      ---------------------------  ----------------------------------------------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 (a)   Position/Status              (i) Chief Information Officer (PDMR) 
                                     (ii) Group Governance Director and Company Secretary (PDMR) 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (b)   Initial notification /       Initial notification 
       Amendment 
      ---------------------------  ----------------------------------------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 (a)   Name                         FDM Group (Holdings) Plc 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (b)   LEI                          213800YR62D7GUZLMZ71 
      ---------------------------  ----------------------------------------------------------------------------------- 
 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           Ordinary shares of GBP0.01 each 
       financial instrument, type 
       of instrument 
 
       Identification Code           ISIN: GB00BLWDVP51 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (b)   Nature of the transaction    Acquisition of ordinary shares of GBP0.01 each in the Company pursuant to the 
                                    vesting of an 
                                    award of Matching Shares under the Company's Buy-As-You-Earn Plan. 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (c)   Price(s) and volume(s)                                Name                         Price                 Volume 
                                                                Jonathan Young               GBP0.00               101 
                                                                              --------------------  ------------------ 
                                                                Mark Heather                 GBP0.00               171 
                                                                              --------------------  ------------------ 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (d)   Aggregated Information       N/A 
        - Aggregated Volume 
        - Price 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (e)   Date of the Transaction      9 June 2023 
      ---------------------------  ----------------------------------------------------------------------------------- 
 (f)   Place of the Transaction     Outside a trading venue 
      ---------------------------  ----------------------------------------------------------------------------------- 
 

Contacts

   Mark Heather, Company Secretary                                    020 3056 8240 

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June 09, 2023 12:24 ET (16:24 GMT)