Notification of transactions by Person Discharging Managerial Responsibilities
The Company announces that on 2 May 2021, Martin Payne, Chief Executive Officer and a Person Discharging Managerial Responsibilities, exercised a nil-cost option over 35,917 shares in accordance with the Long Term Incentive Plan Award granted to him on 2 May 2018. Mr Payne sold sufficient shares to cover the appropriate tax and national insurance liabilities due on exercise.
Mr Payne now holds an interest in a total of 256,897 shares.
The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
Chief Executive Officer/Director and PDMR
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Genuit Group plc
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
Description of the financial instrument, type of instrument
Ordinary Shares (“Shares”) of £0.001 each in the capital of Genuit Group plc
Nature of the transaction
Acquisition of Shares for no consideration pursuant to the exercise of nil-cost options in accordance with the Long Term Incentive Plan (“LTIP”) award granted on 2 May 2018.
Price(s) and volume(s)
19,092 – Number of LTIP shares acquired after reduction for appropriate tax and national insurance liabilities.
– Aggregated volume
Date of the transaction
5 May 2021
Place of the transaction
Outside a Trading Venue
Emma Versluys, Company Secretary
+44 (0) 1709 770 000
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