PHNX.L

Phoenix Group Holdings Ltd.
Phoenix Group Hldgs - Director/PDMR Shareholding
22nd October 2024, 15:19
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RNS Number : 1814J
Phoenix Group Holdings PLC
22 October 2024
 

22 October 2024

 

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc Long Term Incentive Plan (the "LTIP")

 

The Company announces that on 21 October 2024 the following Person Discharging Managerial Responsibilities "PDMR" exercised their nil-cost options over ordinary shares of 10 pence each in the Company under the LTIP granted on 17 August 2021. 

 

LTIP

 

Vesting of these options was subject to criteria relating to the Company's performance over a three-year performance period to 31 December 2023. The number of options acquired includes the dividend equivalent shares.

 

Name

Title

Number of options exercised

Number of ordinary shares sold to cover Tax and Employee NI

Number of ordinary shares held

Sale price per share (in pence)

Brid Meaney

Chief Risk Officer

22,601

10,708

11,893

534.04

 

 

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

 

The Notification of Dealing Forms for each PDMR can be found below. This announcement is made in accordance with Article 19(3) of the UK Markets Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018). 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Brid Meaney

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Risk Officer

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

 

a)

 

Name

 

Phoenix Group Holdings plc

b)

 

LEI

 

2138001P49OLAEU33T68

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

 

 

Phoenix Group Holdings plc ordinary shares of 10 pence each

 

GB00BGXQNP29

b)

 

Nature of the transaction

 

Acquisition of shares pursuant to the exercise of options under the Company's LTIP and sale of shares to cover tax liabilities

c)

 

Price(s) and volume(s)

 

 

 

Item

Price(s)

Volume(s)

Exercise of LTIP Options

nil

22,601

Sale of Shares - LTIP

534.04

10,708

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A, single transaction

 

 

e)

 

Date of the transaction

21 October 2024

f)

Place of the transaction

 London Stock Exchange (XLON)

 

 

 

 

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