XPS Pensions Group PLC Director/PDMR Shareholding (0212G)

TIDMXPS

RNS Number : 0212G

XPS Pensions Group PLC

21 July 2021

21 July 2021

XPS Pensions Group plc

(the "Company")

TRANSACTIONS BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

XPS announces that, on 20 July 2021, David Watkins (Managing Director of Administration), a person discharging managerial responsibilities ("PDMRs"), exercised nominal-cost options granted on 2 July 2018 under the Company's Performance Share Plan ("PSP") to acquire ordinary shares of 0.05 pence each in the Company ("Shares"). Following exercise, David Watkins sold Shares to pay the related income tax and National Insurance contributions arising upon the acquisition of Shares.

Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.

 
 1.   Details of PDMR/person closely associated with them ('PCA') 
     ======================================================================= 
 a)   Name                           David Watkins 
===  =============================  ======================================== 
 b)   Position/status                Managing Director of Administration 
                                      / PDMR 
===  =============================  ======================================== 
 c)   Initial notification/          Initial notification 
       amendment 
===  =============================  ======================================== 
 2.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
===  ======================================================================= 
 a)   Name                           XPS Pensions Group plc 
===  =============================  ======================================== 
 b)   LEI                            2138004Y8OBPJEAACJ11 
===  =============================  ======================================== 
 3.   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 transaction(s) 
       has been conducted 
===  ======================================================================= 
 a)   Description of the financial    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ======================================== 
 b)   Nature of the transaction     Acquisition of Ordinary Shares following 
                                     the exercise of nominal-cost options 
                                     granted under the XPS Pensions Group 
                                     plc Performance Share Plan on 2 July 
                                     2018. 
===  =============================  ======================================== 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       0.05p      37,663 Ordinary Shares 
                                                 ----------------------- 
===  =============================  ======================================== 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ======================================== 
 e)   Date of the transaction       20 July 2021 
===  =============================  ======================================== 
 f)   Place of the transaction       n/a 
===  =============================  ======================================== 
 
 
 1.   Details of PDMR/person closely associated with them ('PCA') 
     ===================================================================== 
 a)   Name                           David Watkins 
===  =============================  ====================================== 
 b)   Position/status                Managing Director of Administration 
                                      / PDMR 
===  =============================  ====================================== 
 c)   Initial notification/          Initial notification 
       amendment 
===  =============================  ====================================== 
 2.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
===  ===================================================================== 
 a)   Name                           XPS Pensions Group plc 
===  =============================  ====================================== 
 b)   LEI                            2138004Y8OBPJEAACJ11 
===  =============================  ====================================== 
 3.   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 transaction(s) 
       has been conducted 
===  ===================================================================== 
 a)   Description of the financial    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ====================================== 
 b)   Nature of the transaction     Disposal of Ordinary Shares to satisfy 
                                     income tax and National Insurance 
                                     contributions liability relating to 
                                     option exercise. 
===  =============================  ====================================== 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       1.34p      17,772 Ordinary Shares 
                                                 ----------------------- 
===  =============================  ====================================== 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ====================================== 
 e)   Date of the transaction       20 July 2021 
===  =============================  ====================================== 
 f)   Place of the transaction      London Stock Exchange (XLON) 
===  =============================  ====================================== 
 

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July 21, 2021 09:35 ET (13:35 GMT)