RS GROUP PLC
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs')
RS Group plc (the 'Company') announces the following transactions in ordinary shares of 10p each in the Company (the 'Shares'):
Long Term Incentive Plan ('LTIP')
On 13 June 2023, conditional awards of Shares granted on 19 November 2020 under the LTIP vested to the following PDMRs:
| Director / PDMR | Number of LTIP awards vested | Number of dividend equivalent Shares on vested LTIP |
| Sean Fredericks | 15,092 | 774 |
| Pete Malpas | 15,781 | 807 |
| Jane Titchener | 2,615 | 132 |
Deferred Share Bonus Plan ('DSBP')
On 13 June 2023, conditional awards of Shares granted on 9 June 2021 under the DSBP vested to the following PDMRs:
| Director / PDMR | Number of DSBP awards vested | Number of dividend equivalent Shares on vested DSBP |
| Sean Fredericks | 6,942 | 231 |
| Pete Malpas | 4,500 | 150 |
The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Clare Underwood
Company Secretary
15 June 2023
LEI: 549300KVXDURRKVW7R37
| 1 .
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Sean Fredericks | ||||
| 2.
| Reason for the notification
| |||||
| a)
| Position/status
| President Asia Pacific, RS | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3.
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| RS Group plc | ||||
| b)
| LEI
| 549300KVXDURRKVW7R37 | ||||
| 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 | 10 pence ordinary shares
| ||||
| | | |||||
| Identification code | GB0003096442 | |||||
| | | |||||
| b)
| Nature of the transaction
| Vesting of: - conditional awards of Shares granted on 19 November 2020 under the Company's Long Term Incentive Plan 2014 and associated dividend equivalent Shares. | ||||
| c)
| Price(s) and volume(s) | | | | | |
| | | Price(s) | Volume(s) | | ||
| | | Nil | 15,092 | | ||
| | | | | | ||
| | | Nil | 774 | | ||
| | | | | | ||
| d)
| Aggregated information | | ||||
| | | |||||
| - Aggregated volume | 15,866 | |||||
| | | |||||
| - Price | Nil | |||||
| | | |||||
| e)
| Date of the transaction
| 2023-06-13 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 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 | 10 pence ordinary shares
| ||||
| | | |||||
| Identification code | GB0003096442 | |||||
| | | |||||
| b)
| Nature of the transaction
| Vesting of: - conditional awards of Shares granted on 9 June 2021 under the Company's Deferred Share Bonus Plan 2008 and associated dividend equivalent Shares. | ||||
| c)
| Price(s) and volume(s) | | | | | |
| | | Price(s) | Volume(s) | | ||
| | | Nil | 6,942 | | ||
| | | | | | ||
| | | Nil | 231 | | ||
| | | | | | ||
| d)
| Aggregated information | | ||||
| | | |||||
| - Aggregated volume | 7,173 | |||||
| | | |||||
| - Price | Nil | |||||
| | | |||||
| e)
| Date of the transaction
| 2023-06-13 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1 .
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
| a)
| Name
| Pete Malpas | ||||||
| 2.
| Reason for the notification
| |||||||
| a)
| Position/status
| President EMEA, RS
| ||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||
| 3.
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
| a)
| Name
| RS Group plc | ||||||
| b)
| LEI
| 549300KVXDURRKVW7R37 | ||||||
| 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 | 10 pence ordinary shares
| ||||||
| | | |||||||
| Identification code | GB0003096442 | |||||||
| | | |||||||
| b)
| Nature of the transaction
| Vesting of: - conditional awards of Shares granted on 19 November 2020 under the Company's Long Term Incentive Plan 2014 and associated dividend equivalent Shares. | ||||||
| c)
| Price(s) and volume(s) | | | | | |||
| | | Price(s) | Volume(s) | | ||||
| | | Nil | 15,781 | | ||||
| | | | | | ||||
| | | Nil | 807 | | ||||
| | | | | | ||||
| d)
| Aggregated information | | ||||||
| | | |||||||
| - Aggregated volume | 16,588 | |||||||
| | | |||||||
| - Price | Nil | |||||||
| | | |||||||
| e)
| Date of the transaction
| 2023-06-13 | ||||||
| f)
| Place of the transaction
| Outside a trading venue | ||||||
| 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 | 10 pence ordinary shares
| ||||||
| | | |||||||
| Identification code | GB0003096442 | |||||||
| | | |||||||
| b)
| Nature of the transaction
| Vesting of: - conditional awards of Shares granted on 9 June 2021 under the Company's Deferred Share Bonus Plan 2008 and associated dividend equivalent Shares. | ||||||
| c)
| Price(s) and volume(s) | | | | | |||
| | | Price(s) | Volume(s) | | ||||
| | | Nil | 4,500 | | ||||
| | | | | | ||||
| | | Nil | 150 | | ||||
| | | | | | ||||
| d)
| Aggregated information | | ||||||
| | | |||||||
| - Aggregated volume | 4,650 | |||||||
| | | |||||||
| - Price | Nil | |||||||
| | | |||||||
| e)
| Date of the transaction
| 2023-06-13 | ||||||
| f)
| Place of the transaction
| Outside a trading venue | ||||||
| 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 | 10 pence ordinary shares
| ||||||
| | | |||||||
| Identification code | GB0003096442 | |||||||
| | | |||||||
| b)
| Nature of the transaction
| Sale of shares to cover tax liabilities and sale costs arising on vesting of: - conditional awards of Shares granted on 19 November 2020 under the Company's Long Term Incentive Plan 2014 and associated dividend equivalent Shares. | ||||||
| c)
| Price(s) and volume(s) | | | | | |||
| | | Price(s) | Volume(s) | | ||||
| | | GBP 8.115814 | 7123 | | ||||
| | | GBP 8.115814 | 364 | | ||||
| | | | | | ||||
| d)
| Aggregated information | | ||||||
| | | |||||||
| - Aggregated volume | 7,487 | |||||||
| | | |||||||
| - Price | GBP 60,673.10
| |||||||
| | | |||||||
| e)
| Date of the transaction
| 2023-06-13 | ||||||
| f)
| Place of the transaction
| London Stock Exchange XLON | ||||||
| 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 | 10 pence ordinary shares
| ||||||
| | | |||||||
| Identification code | GB0003096442 | |||||||
| | | |||||||
| b)
| Nature of the transaction
| Sale of shares to cover tax liabilities and sale costs arising on vesting of: - conditional awards of Shares granted on 9 June 2021 under the Company's Deferred Share Bonus Plan and associated dividend equivalent Shares. | ||||||
| c)
| Price(s) and volume(s) | | | | | |||
| | | Price(s) | Volume(s) | | ||||
| | | GBP 8.115814 | 2,122 | | ||||
| | | GBP 8.115814 | 71 | | ||||
| | | | | | ||||
| d)
| Aggregated information | | ||||||
| | | |||||||
| - Aggregated volume | 2,193 | |||||||
| | | |||||||
| - Price | GBP 17,797.98
| |||||||
| | | |||||||
| e)
| Date of the transaction
| 2023-06-13 | ||||||
| f)
| Place of the transaction
| London Stock Exchange XLON | ||||||
| 1 .
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
| a)
| Name
| Jane Titchener | ||||||
| 2.
| Reason for the notification
| |||||||
| a)
| Position/status
| Interim Chief Financial Officer | ||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||
| 3.
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
| a)
| Name
| RS Group plc | ||||||
| b)
| LEI
| 549300KVXDURRKVW7R37 | ||||||
| 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 | 10 pence ordinary shares
| ||||||
| | | |||||||
| Identification code | GB0003096442 | |||||||
| | | |||||||
| b)
| Nature of the transaction
| Vesting of: - conditional awards of Shares granted on 19 November 2020 under the Company's Long Term Incentive Plan 2014 and associated dividend equivalent Shares. | ||||||
| c)
| Price(s) and volume(s) | | | | | |||
| | | Price(s) | Volume(s) | | ||||
| | | Nil | 2,615 | | ||||
| | | | | | ||||
| | | Nil | 132 | | ||||
| | | | | | ||||
| d)
| Aggregated information | | ||||||
| | | |||||||
| - Aggregated volume | 2,747 | |||||||
| | | |||||||
| - Price | Nil | |||||||
| | | |||||||
| e)
| Date of the transaction
| 2023-06-13 | ||||||
| f)
| Place of the transaction
| Outside a trading venue | ||||||
| 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 | 10 pence ordinary shares
| ||||||
| | | |||||||
| Identification code | GB0003096442 | |||||||
| | | |||||||
| b)
| Nature of the transaction
| Sale of shares to cover tax liabilities and sale costs arising on vesting of: - conditional awards of Shares granted on 19 November 2020 under the Company's Long Term Incentive Plan 2014 and associated dividend equivalent Shares. | ||||||
| c)
| Price(s) and volume(s) | | | | | |||
| | | Price(s) | Volume(s) | | ||||
| | | GBP 8.115814 | 1,181 | | ||||
| | | GBP 8.115814 | 60 | | ||||
| | | | | | ||||
| d)
| Aggregated information | | ||||||
| | | |||||||
| - Aggregated volume | 1,241 | |||||||
| | | |||||||
| - Price | GBP 10,071.73
| |||||||
| | | |||||||
| e)
| Date of the transaction
| 2023-06-13 | ||||||
| f)
| Place of the transaction
| London Stock Exchange XLON | ||||||
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