Naked Wines PLC Grant of awards under existing LTIP (0468F)

TIDMWINE

RNS Number : 0468F

Naked Wines PLC

05 March 2020

Naked Wines plc

For Immediate Release

05 March 2020

Naked Wines plc

(the "Company")

Grant of awards under existing long term incentive plan

Naked Wines plc announces that the following share awards have been granted under the Company's Long Term Incentive Plan:

Conditional share awards over a total of 73,779 ordinary shares of 7.5 pence each in the Company ("Ordinary Shares") were granted to 23 new employees and those who have changed roles in the period pursuant to the Company's Long Term Incentive Plan ("LTIP").

The LTIP awards will normally vest on the third anniversary of the date of grant, subject to meeting certain strategic, operational, financial and shareholder return performance criteria and the continued employment of the participant. Clawback provisions contained in the rules of the LTIP can be applied to awards made to all participants.

Included in the 23 employees, the below PDMR (Person Discharging Managerial Responsibilities) received conditional awards:

 
 Name              Title                    Number of Ordinary     Total number of 
                                             Shares conditionally   Ordinary Shares 
                                             awarded                held subject to 
                                                                    LTIP award 
                   Managing Director, 
                    Naked Wines Australia 
 Alicia Kennedy     (Pty) Ltd               54,403                 54,403* 
                  ------------------------  ---------------------  ---------------- 
 

* C omprises direct and indirect interests

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                            Alicia Kennedy 
     ------------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status                 Managing Director 
                                       Naked Wines Australia (Pty) 
                                       Ltd 
     ------------------------------  --------------------------------------- 
 b)   Initial notification/           Initial Notification 
       Amendment 
     ------------------------------  --------------------------------------- 
 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): 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 7.5p 
       financial instrument, 
       type of instrument          GB00B021F836 
       Identification code 
     --------------------------  ------------------------------- 
 b)   Nature of the transaction   Grant of conditional share 
                                   awards under the Company's 
                                   LTIP 
     --------------------------  ------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     N/A         54,403 
                                                ---------- 
     --------------------------  ------------------------------- 
 d)   Aggregated information       N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------- 
 e)   Date of the transaction      05 March 2020 
     --------------------------  ------------------------------- 
 f)   Place of the transaction     London Stock Exchange (XLON); 
                                    AIM Market 
     --------------------------  ------------------------------- 
 

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March 05, 2020 02:00 ET (07:00 GMT)