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Director/PDMR Shareholding





RNS Number : 2444K
Genuit Group PLC
23 August 2023
 

Genuit Group plc (the “Company”)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

The Company announces that on 18 August 2023, Martin Gisbourne, Chief Strategy and Sustainability Officer and a Person Discharging Managerial Responsibilities, exercised a nil-cost option over a total of 5,882 shares in accordance with the Long-Term Incentive Plan Award granted to him on 22 November 2019, which vested on 22 November 2022. Mr. Gisbourne sold sufficient shares to cover the appropriate tax and national insurance liabilities due on exercise.

 

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides 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 Gisbourne

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Strategy and Sustainability Officer 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 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 under the Long-Term Incentive Plan (“LTIP”) award granted on 22 November 2019.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

 

3,063 – 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

 

 

22 August 2023

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

Enquiries:

Emma Versluys, Group Legal Counsel and Company Secretary

 

+44 (0) 1138 315 315

 

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END

 
 

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