Eurowag Director/PDMR Shareholding

RNS Number : 9520O

Eurowag

17 May 2024

 

 

W.A.G payment solutions plc

(the "Company" or "Eurowag")

Notification and public disclosure of transactions by PDMR

LTIP Awards

W.A.G payment solutions plc a leading pan-European integrated payments and mobility platform focused on the Commercial Road Transportation ("CRT") industry, today announces that on 16 May 2024 the following three awards ("Awards") in relation to ordinary shares of 1 penny each in the Company were granted under the Company's Long Term Incentive Plan ("LTIP") to the following person discharging managerial responsibilities:

Participant	Position	Details of Awards
Oskar Zahn	Chief Financial Officer	1. Performance Share Award over 452,949 Shares 2. Restricted Share Award over 452,949 Shares 3. One-off additional Restricted Share Award over 603,932 Shares

The Awards align to the new Directors' Remuneration Policy, which was approved by shareholders at the AGM on 16 May 2024, and will ordinarily vest on the third anniversary of grant subject to continued service and subject to performance conditions (in the case of the Performance Share Award) and underpin conditions (in the case of the Restricted Share Awards) as relevant.

Full details of the performance conditions and underpin conditions can be found in the Directors' Remuneration Report section of the Annual Report and Accounts 2023.

The Awards are structured as options with a nominal option price of 1p per share and are subject to a two-year post vesting holding period (net of tax).

Subject to the terms of the LTIP once exercisable the Awards are exercisable from vesting until the tenth anniversary of the grant date.

The information set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Oskar Zahn
2	Reason for Notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	W.A.G payment solutions plc
b)	LEI	213800HU63CWV5J8YK95
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, type of instrument Identification code	Ordinary Shares of 1 penny each ISIN GB00BLGXWY71
b)	Nature of the transaction	Three Awards under the Company's LTIP. The Awards are structured as options with an option price of 1 penny per Share. Award 1 is a Performance Share Award. Awards 2 and 3 are Restricted Share Awards.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. Nil   1. 452,949 Shares 2. Nil     2. 452,949 Shares     3. Nil   3. 603,932 Shares
d)	Aggregated information -  Aggregated volume -  Price	N/A single transaction Nil
e)	Date of the transaction	16 May 2024
f)	Place of the transaction	Outside of a trading venue

 

ENQUIRIES:

Eurowag

Carla Bloom

Head of Investor Relations and Communications

[phone]

[e-mail]

 

Powerscourt  

 

Justin Griffiths, Gilly Lock 

IR and international media 

[phone] 

[e-mail] 

 

About Eurowag 

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe's commercial road transport industry, with a purpose to make it clean, fair and efficient. Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and post-delivery. http://www.eurowag.com  

 

 

 

 

 

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