Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them
TP ICAP Group plc (the "Company") hereby notifies the market of the following notifications from PDMRs, relating to the grant of awards over ordinary shares of the Company (the "Company Shares") under the rules of the TP ICAP Group plc Deferred Bonus Share Plan (the "Plan").
The number of Company Shares that will vest on the Normal Vesting Date are subject to the Rules of the applicable Plan. The Normal Vesting Date is the third anniversary of the date of grant, i.e. 31 March 2024. Any portion of the award that does not meet the vesting conditions will lapse.
The number of Company Shares awarded is based on the volume-weighted average price for the 5 days preceding the date of grant (31 March 2021).
| PDMR | Number of shares | Share price | Nature of Transaction |
| Nicolas Breteau | 259,757 | £2.4282 | Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share Plan. |
| Robin Stewart | 135,693 | £2.4282 | Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share Plan. |
| Philip Price | 128,799
| £2.4282 | Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share Plan. |
For further enquiries, please contact Richard Cordeschi, Group Company Secretary.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Nicolas Breteau | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director | ||||
| b)
| Initial notification /Amendment
| Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| TP ICAP Group plc | ||||
| b)
| LEI
| 2138006YAA7IRVKKGE63 | ||||
| 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 25p each
JE00BMDZN391 | ||||
| b)
| Nature of the transaction
| Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share Plan. | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
259,757
£2.4282 | ||||
| e)
| Date of the transaction
| 31/03/2021 | ||||
| f)
| Place of the transaction
| Outside of trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Robin Stewart | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director | ||||
| b)
| Initial notification /Amendment
| Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| TP ICAP Group plc | ||||
| b)
| LEI
| 2138006YAA7IRVKKGE63 | ||||
| 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 25p each
JE00BMDZN391 | ||||
| b)
| Nature of the transaction
| Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share Plan. | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
135,693
£2.4282 | ||||
| e)
| Date of the transaction
| 31/03/2021 | ||||
| f)
| Place of the transaction
| Outside of trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Philip Price | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director | ||||
| b)
| Initial notification /Amendment
| Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| TP ICAP Group plc | ||||
| b)
| LEI
| 2138006YAA7IRVKKGE63 | ||||
| 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 25p each
JE00BMDZN391 | ||||
| b)
| Nature of the transaction
| Award over ordinary shares of TP ICAP Group plc under the TP ICAP Group plc Deferred Bonus Share Plan. | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
128,799
£2.4282 | ||||
| e)
| Date of the transaction
| 31/03/2021 | ||||
| f)
| Place of the transaction
| Outside of trading venue | ||||
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