Naked Wines plc
For Immediate Release
12 July 2021
Naked Wines plc
(the "Company")
Issue of shares under existing Long Term Incentive Plan
Director/PDMR Shareholdings
The Board of Naked Wines plc are pleased to announce that the performance conditions relating to the conditional share award granted under the Company's Long Term Incentive Plan ("LTIP") to certain employees of the Company on 09 July 2018 were fully met. As a result, 147,333 new ordinary shares of 7.5p each in the Company ("Ordinary Shares") have been issued to a number of employees of the Company through an Employee Benefit Trust.
The below Person Discharging Managerial Responsibilities ("PDMR") are included in the members of the management team being issued shares under the LTIP and have notified the Company of the following transactions, to cover tax and national insurance liabilities:
| Name | Title | Total Number of Ordinary Shares issued under LTIP | Number of Ordinary Shares sold to cover tax liabilities | Sale price per Ordinary Share | Total Number of Ordinary Shares held* |
| Nicholas Devlin | Chief Executive Officer | 31,464 | 11,309
| £8.04035
| 106,611 |
* Including persons closely associated
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
DIRECTOR/PDMR SHAREHOLDING
| 1 | Details of the person discharging managerial responsibilities/person closely associated
| ||
| a) | Name
| Nicholas Devlin |
|
| 2 | Reason for the notification
| ||
| a) | Position/status
| Chief Executive Officer |
|
| b) | Initial notification/ Amendment
| Initial Notification |
|
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| a) | Name
| Naked Wines plc |
|
| b) | LEI
| 213800IYPFIRRQQE9R62 |
|
| 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 7.5p | ||||||
| b) | Nature of the transaction
| 1) Vesting of share awards under the Company's LTIP 2) Sale of Ordinary Shares to meet tax and National Insurance liabilities | ||||||
| c) | Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume
- Price |
n/a
| ||||||
| e) | Date of the transaction
| 09 July 2021 | ||||||
| f) | Place of the transaction
| London Stock Exchange (XLON); AIM Market |
For further information, please contact:
| Naked Wines plc Nick Devlin, Chief Executive Officer Shawn Tabak, Chief Financial Officer
| ir@nakedwines.com |
| Investec David Flin / Carlton Nelson / Ben Farrow
| Tel: 0207 597 5970 |
| Jefferies International Limited Ed Matthews / David Genis / Harry Clements
| Tel: 0207 029 8000 |
| Instinctif Partners (PR Agency) Damian Reece / Guy Scarborough / Sarah Hourahane | Tel: 0207 457 2020 or 07917 178 920
|
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