Pod Point Group Holdings PLC Director/PDMR Shareholding

RNS Number : 6827Q

Pod Point Group Holdings PLC

31 May 2024

 

31 May 2024

 

 

Pod Point Group Holdings plc

(the "Company" or "Pod Point")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ('PDMRs')

 

The Company announces that, on 31 May 2024, it granted Nil Cost Options ("Options") over Ordinary Shares of £0.001 each in the Company ("Shares"), in accordance with the Rules of the Pod Point Long Term Incentive Plan ("LTIP"), to the Executive Directors of the Company.

 

As disclosed in the 2023 Annual Report, the awards comprise a normal LTIP and Powering Up LTIP, which vest over three and four years respectively and have differing performance conditions. Vesting of the Options is subject to the Rules of the LTIP and upon continued employment to the normal vesting dates and the achievement of the performance conditions.

 

The number of Shares that will vest under the Options will depend upon the extent to which the performance conditions have been achieved and the discretion of the Remuneration Committee.

 

No consideration is payable on grant or vesting of the Options. The Options are subject to additional holding periods from vesting.  They are also subject to malus and clawback provisions.

 

This notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

 

 

 

1.	Details of the PDMR
a)	Name	Melanie Lane
2.	Reason for notification
a)	Position / status	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	Pod Point Group Holdings plc
b)	LEI	213800MY9U5MEDG21D89
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   Identification code	Ordinary shares of £0.001 each     ISIN: GB00BNDRD100
b)	Nature of the transaction	Grant of Nil Cost Option under the Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 £0.00 1,000,000 750,000
d)	Aggregated information   Aggregated volume   Price	1,750,000   £0.00
e)	Date of the transaction	31 May 2024
f)	Place of the transaction	Outside of a trading venue

 

1.	Details of the PDMR
c)	Name	David Wolffe
2.	Reason for notification
d)	Position / status	Chief Financial Officer
e)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pod Point Group Holdings plc
b)	LEI	213800MY9U5MEDG21D89
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
g)	Description of the financial instrument Identification code	Ordinary shares of £0.001 each ISIN: GB00BNDRD100
h)	Nature of the transaction	Grant of Nil Cost Option under the Long Term Incentive Plan
i)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 £0.00 800,000 600,000
j)	Aggregated information Aggregated volume Price	1,400,000  £0.00
k)	Date of the transaction	31 May 2024
l)	Place of the transaction	Outside of a trading venue

 

Anita Guernari

Company Secretary

 

 

 

Enquiries

Media

Matt Low / Arthur Rogers (Teneo)                                                         [phone] [e-mail]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

DSHBGGDUDUXDGSB