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Director/PDMR Shareholding






RNS Number : 8410X
Genuit Group PLC
06 May 2021
 

Genuit Group plc (the “Company”)

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

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Martin Payne

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer/Director and PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Genuit Group plc

b)

 

LEI

 

 

2138005IF1N2RKJ6KO18

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 (“Shares”) of £0.001 each in the capital of Genuit Group plc

 

 

GB00BKRC5K31

 

b)

 

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.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

 

19,092 – Number of LTIP shares acquired after reduction for appropriate tax and national insurance liabilities.

 

 

d)

 

Aggregated information

 

 

– Aggregated volume

 

 

– Price

 

 

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

5 May 2021

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

Enquiries:

Emma Versluys, Company Secretary

+44 (0) 1709 770 000

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END

 
 

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