U and I Group PLC Director/PDMR Shareholding (3394G)

TIDMUAI

RNS Number : 3394G

U and I Group PLC

26 July 2021

U AND I GROUP PLC

Notification of transactions of Directors, Persons DISCHARGING MANAGERIAL Responsibility or connected persons

Grant of saye options

On 26 July 2021, Grants of Options were made through the U and I Group PLC approved Save As You Earn Option Plan "Sharesave" (the "Plan"). The options were in respect of ordinary shares of 50 pence each in the share capital of U and I Group PLC.

All employees of the Company were eligible to subscribe for share options at GBP0.751 under the Plan which are exercisable at the end of a three-year savings contract ending 1 September 2024. The Plan rules follow HMRC guidance and limit each employee to a maximum saving of GBP500 per month over the three-year period of the Plan.

Options have been granted to the following Executive Directors who elected to participate in the Plan:

 
 Director/PDMR     Number of Share    Option Price 
                    Options Granted 
 Richard Upton     23,968             GBP0.751 
                  -----------------  ------------- 
 Jamie Christmas   23,968             GBP0.751 
                  -----------------  ------------- 
 

For further information please contact:

Chris Barton

Company Secretary

U and I Group PLC

7A Howick Place

London

SW1P 1DZ

Tel: [phone]

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July 26, 2021 03:00 ET (07:00 GMT)