Naked Wines PLC Director/PDMR Shareholding (3680Q)

TIDMWINE

RNS Number : 3680Q

Naked Wines PLC

27 June 2022

2 7 June 2022

Naked Wines plc

(the "Company")

Issue of shares under existing Long Term Incentive Plan

The Board of Naked Wines plc are pleased to announce that the performance conditions relating to the conditional share award granted under the Company's Long Term Incentive Plan ("LTIP") to certain employees of the Company in June 2019 were fully met. As a result, 448,649 new ordinary shares of 7.5p each in the Company ("Ordinary Shares") have been issued to a number of employees of the Company through an Employee Bene t Trust.

The below Person Discharging Managerial Responsibilities ("PDMR") and person closely associated with a PDMR are part of the management team being issued shares under the LTIP, and have notified the Company of the following transactions to cover tax liabilities:

 
 Name              Title              Total Number     Number of          Sale price      Total Number 
                                       of Ordinary      Ordinary           per Ordinary    of Ordinary 
                                       Shares issued    Shares sold        Share           Shares held 
                                       under LTIP       to cover 
                                                        tax liabilities 
                   Chief Executive 
                    Officer 
 Nicholas           and Executive 
  Devlin            Director          82,427                30,097        GBP1.7160       171,095(2) 
                  -----------------  ---------------  -----------------  --------------  ------------- 
 Lucy Devlin(1)    VP Wine            11,937           4,816              GBP1.7160 
                  -----------------  ---------------  -----------------  --------------  ------------- 
 
   (1)   Lucy Devlin is a person closed associated with Nicholas Devlin 
   (2)   Including Nicholas Devlin and all person closely associated with Nicholas Devlin 

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

DIRECTOR/PDMR SHAREHOLDING

 
 1    Details of the person discharging managerial responsibilities/person 
       closely 
       associated 
 a)   Name                                   1) Nicholas Devlin (PDMR) 
 
                                              2) Lucy Devlin (PCA) 
     --------------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/Status                        1) Chief Executive Officer and 
                                              Executive Director 
 
                                              2) VP Wine 
     --------------------------------  ----------------------------------------- 
 b)   Initial Notification/Amendment    Initial Notification 
     --------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                              Naked Wines plc 
     --------------------------------  ----------------------------------------- 
 b)   LEI                               213800IYPFIRRQQE9R62 
     --------------------------------  ----------------------------------------- 
 4    Details of the transaction(s): sec􀆟on 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      Ordinary Shares of 7.5p 
       instrument, type of instrument 
                                         GB00B021F836 
       Identification code 
     --------------------------------  ----------------------------------------- 
 b)   Nature of the transaction         a) Vesting of share awards under 
                                         Company's LTIP 
 
                                         b) Sale of Ordinary Shares to meet 
                                         tax liabilities 
     --------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)                    Price(s)              Volume(s) 
                                           a)         1) GBP1.7160     82,427 
                                                  2) GBP1.7160          11,937 
                                           -------------------------  ---------- 
                                           b)         1) GBP1.7160     30,097 
                                                  2) GBP1.7160          4,816 
                                           -------------------------  ---------- 
     --------------------------------  ----------------------------------------- 
 d)   Aggregate information 
                                          94,364 vested shares under Company's 
       Aggregated volume                  LTIP 
                                          3 4,913 sale of Ordinary Shares 
       Price 
                                          a) GBP1.7160 
 
                                          b) GBP1.7160 
     --------------------------------  ----------------------------------------- 
 e)   Date of transaction               a) 23 June 2022 
 
                                         b) 23 June 2022 
     --------------------------------  ----------------------------------------- 
 f)   Place of transaction              London Stock Exchange (XLON) ; 
                                         AIM Market 
     --------------------------------  ----------------------------------------- 
 

For further information, please contact:

 
 Naked Wines plc                         [e-mail] 
  Nick Devlin, Chief Executive Officer 
  Shawn Tabak, Chief Financial Officer 
 Investec                                Tel: [phone] 
  (NOMAD & Joint Corporate Broker) 
  David Flin / Carlton Nelson / Ben 
  Farrow 
 Jefferies International Limited         Tel: [phone] 
  (Joint Corporate Broker) 
  Ed Matthews / David Genis / Harry 
  Clements 
 

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June 27, 2022 13:12 ET (17:12 GMT)