Source - LSE Regulatory
RNS Number : 2575H
XPS Pensions Group PLC
02 August 2021
 

 

2 August 2021

XPS Pensions Group plc
(the "Company")

 

TRANSACTION BY DIRECTOR / PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

 

XPS announces that, on 30 July 2021, Paul Cuff (Co-Chief Executive Officer) and person discharging managerial responsibilities ("PDMR"), exercised nominal-cost options granted on 26 July 2018 under the Company's Performance Share Plan ("PSP") to acquire ordinary shares of 0.05 pence each in the Company ("Shares"). Following exercise, Mr Cuff sold Shares to pay the related income tax and National Insurance contributions arising upon the acquisition of Shares.

 

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

 Paul Cuff

b)

Position/status

 Co-Chief Executive Officer / 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

Acquisition of Ordinary Shares following the exercise of nominal-cost options granted under the XPS Pensions Group plc Performance Share Plan on 26 July 2018.

c)

Price(s) and

volume(s)

Price(s)

Volume(s)

0.05p

51,405 Ordinary Shares

  

 

d)

Aggregated information

 

Aggregated volume

Price

n/a (single transaction)

 

e)

Date of the transaction

30 July 2021

f)

Place of the transaction

 

n/a

 

 

 

1.

Details of PDMR/person closely associated with them ('PCA')

a)

Name

 Paul Cuff

b)

Position/status

 Co-Chief Executive Officer / 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

Disposal of Ordinary Shares to satisfy income tax and National Insurance contributions liability relating to option exercise.

c)

Price(s) and

volume(s)

Price(s)

Volume(s)

1.41p

21,678 Ordinary Shares

  

 

d)

Aggregated information

 

Aggregated volume

Price

n/a (single transaction)

 

e)

Date of the transaction

30 July 2021

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

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END
 
 
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