Dr. Martens PLC Director/PDMR Shareholding (5310O)

TIDMDOCS

RNS Number : 5310O

Dr. Martens PLC

10 February 2021

Director/PDMR Shareholding

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility

Dr. Martens plc (the "Company") announces that on 9 February 2021 the following directors / persons discharging managerial responsibility ('PDMRs') were granted Performance Share Awards (the "Awards") under the Company's Long Term Incentive Plan (the "LTIP") over ordinary shares of the Company (the "Shares").

 
      PDMR        Number of Shares 
  Kenny Wilson        567,567 
                 ----------------- 
 Jon Mortimore        364,864 
                 ----------------- 
 

As previously disclosed in the Company's final prospectus dated 29 January 2021, the Awards will vest subject to the achievement of challenging earnings per share (67% weighting) and relative total shareholder return (33% weighting) targets over three years and, on vesting, will be subject to a further two-year holding period.

No consideration was paid for the grant of the Awards and no price is payable on the exercise of the Awards.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Kenny Wilson 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR (Chief Executive Officer) 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Dr. Martens plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800QPT8YM6NQZPH28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of GBP 0.01 
      instrument                                                 ISIN: GB00BL6NGV24 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of performance share award under the Dr. Martens 
                                                                Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  GBP0       567,567 shares 
                                                                            --------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               567,567 shares 
                                                                  GBP0 
        -   Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   9 February 2021 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Jon Mortimore 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR (Chief Financial Officer) 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Dr. Martens plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800QPT8YM6NQZPH28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of GBP 0.01 
      instrument                                                 ISIN: GB00BL6NGV24 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of performance share award under the Dr. Martens 
                                                                Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  GBP0       364,864 shares 
                                                                            --------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               364,864 shares 
                                                                  GBP0 
        -   Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   9 February 2021 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

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February 10, 2021 04:00 ET (09:00 GMT)