18 March 2021
XPS Pensions Group plc
(the "Company")
TRANSACTIONS BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
XPS announces that, on 17 March 2021, Patrick McCoy, Head of Advisory and person discharging managerial responsibilities ("PDMR") exercised awards granted on 22 February 2018 under the Company's Performance Share Plan ("PSP") as set out below.
Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.
| 1. | Details of PDMR/person closely associated with them ('PCA') | |||||
| a) | Name | Patrick McCoy | ||||
| b) | Position/status | Head of Advisory / PDMR | ||||
| c) | Initial notification/ amendment | Initial notification | ||||
| 2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | XPS Pensions Group plc | ||||
| b) | LEI | 2138004Y8OBPJEAACJ11 | ||||
| 3. | 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 transaction(s) has been conducted | |||||
| a) | Description of the financial instrument | Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
| ||||
| b) | Nature of the transaction | Exercise of options awarded under the XPS Pensions Group plc Performance Share Plan on 22 February 2018. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
Aggregated volume Price | n/a (single transaction)
| ||||
| e) | Date of the transaction | 17 March 2021 | ||||
| f) | Place of the transaction
| n/a
| ||||
| 3. | 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 transaction(s) has been conducted | |||||
| a) | Description of the financial instrument | Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
| ||||
| b) | Nature of the transaction | Disposal of ordinary shares in relation to the PSP vesting referenced above. The proceeds of this disposal were used to satisfy fees and tax liabilities arising from the vesting. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
Aggregated volume Price | n/a (single transaction)
| ||||
| e) | Date of the transaction | 17 March 2021 | ||||
| f) | Place of the transaction
| London Stock Exchange (XLON)
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