Mobico Group PLC Director/PDMR Shareholding

RNS Number : 8618G

Mobico Group PLC

03 October 2024

 

 

MOBICO GROUP PLC

 ("Company")

 

Director/PDMR Share Dealing

 

The Company provides notification of the following transaction, effected on 2 October 2024, relating to the below named Person Discharging Managerial Responsibilities ("PDMRs") and her respective interests in the ordinary shares of nominal value 5p each in the capital of the Company ("Shares") (ISIN: GB0006215205).

 

The transaction arises in respect of the grant under the rules of the Company's Long-Term Incentive Plan ("LTIP") to Helen Cowing of three-year performance-conditioned nil-cost options over Shares (the "2024 LTIP Award").  

 

Individual PDMR and transaction details are set out in the table below:

 

Name and position of PDMR	Number of Shares over which the 2024 LTIP Award was granted1	Unrestricted beneficial interest held in Shares following the transactions2	Total other interest held in Shares following the transactions3
Helen Cowing, Interim Group Chief Financial Officer, PDMR	997,455	100,000	997,455

¹ The conversion of the 2024 LTIP Award value into the number of Shares over which it was granted is based on the middle market quotation of a Share on 19 June 2024 of 47.16p per Share with a 30% reduction applied, consistent with the award made to the Group CEO on 20 June 2024. The 2024 LTIP Award is shown over the maximum number of Shares which can vest.

² Including those held by connected persons, if applicable.

³ Represents outstanding awards granted under the Company's Long-Term Incentive Plan.

 

 

1.	Details of PDMR / PCA
	Full Name		Helen Cowing
	Position / status		Interim Group Chief Financial Officer, PDMR
	Initial notification / amendment		Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	Name	Mobico Group PLC
	LEI	213800A8IQEMY8PA5X34
3.	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
	Description of the financial instrument		Ordinary shares of 5p each
	Identification code		GB0006215205
	Nature of the transaction		(i)Award of option over shares under the Mobico Group PLC's Long-Term Incentive Plan
	Price(s) and volume(s)		Price(s) Volume(s) Total (i) £ n/a 997,455 0.00
	Date of the transaction		2 October 2024
	Place of the transaction		n/a

 

 

 

This above notice is given in fulfilment of the Company's obligation under DTR 3.1 and Article 19 of the EU Market Abuse Regulation 596/2014 as incorporated into domestic law by the European Union (Withdrawal) Act 2018.

 

-      END -

 

Mobico contact and telephone number for enquiries:

 

Simon Callander, Group General Counsel & Company Secretary

[phone]

 

Gillian Saunderson, Deputy Company Secretary

[phone]

 

Notes:

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 3.1 (with reference to DTR6 Annex 1R)

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END

 

 

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