Naked Wines PLC Issue of shares under existing term Incentive Plan (7777I)

TIDMWINE

RNS Number : 7777I

Naked Wines PLC

16 December 2020

Naked Wines plc

For Immediate Release

16 December 2020

Naked Wines plc

(the "Company")

Issue of shares under existing Long Term Incentive Plan

Director/PDMR Shareholdings

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 December 2017 were partly met. As a result, 23,039 new ordinary shares of 7.5p each in the Company ("Ordinary Shares") have been issued to certain employees of the Company through an Employee Benefit Trust.

The below Person Discharging Managerial Responsibilities ("PDMR") are included in the members of the management team being issued shares under the LTIP and have notified the Company of the following transactions, to cover tax and national insurance liabilities:

 
 Name        Title             Total Number    Number of         Sale price     Total Number 
                                of Ordinary     Ordinary Shares   per Ordinary   of Ordinary 
                                Shares issued   sold to cover     Share          Shares held* 
                                under LTIP      tax liabilities 
             Chief Executive 
              Officer 
 Nicholas     Naked Wines 
  Devlin      plc              15,335          5,701             GBP6.17        82,364 
            -----------------  --------------  ----------------  -------------  ------------- 
 

* Including persons closely associated

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                               Nicholas Devlin 
     ---------------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status                    Chief Executive Officer 
                                          Naked Wines plc 
     ---------------------------------  ------------------------------------ 
 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        1) Vesting of share awards 
                                        under the Company's LTIP 
                                        2) Sale of Ordinary Shares 
                                        to meet tax and National Insurance 
                                        liabilities 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                    1) Nil       1) Shares awarded: 
                                                  15,335 
                                                ------------------- 
                                    2) GBP6.17   2) Shares sold: 
                                                  5,701 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      n/a 
 
 
 
        *    Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     15 December 2020 
     --------------------------  ----------------------------------------- 
 f)   Place of the 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 
 Jefferies International Limited     Tel: [phone] 
  (Joint Corporate Broker) 
  Ed Matthews / Harry Clements 
 Instinctif Partners (PR Agency)     Tel: [phone] or 07917 
  Damian Reece / Guy Scarborough      178 920 
 

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December 16, 2020 02:00 ET (07:00 GMT)