11 August 2022
FDM GROUP (HOLDINGS) PLC
PDMR Shareholding
FDM Group (Holdings) Plc ("FDM" or the "Company"), a global professional services provider with a focus on Information Technology, announces that on 11 August 2022 Michael McLaren (Executive Director) and Jonathan Young (Senior Manager) acquired ordinary shares of £0.01 each in the capital of the Company ("Shares"), as follows:
| Name | Position | Number of Shares Acquired |
| Michael McLaren | Chief Financial Officer | 56 |
| Jonathan Young | Chief Information Officer | 11 |
The Shares were purchased from FDM's Employee Benefit Trust under FDM's all employee "Buy-As-You-Earn Plan" pursuant to applications made in May 2022 (in the case of Mr McLaren) and December 2020 (in the case of Mr Young). The BAYE enables employees to acquire up to £1,000 of Shares each month from their post-tax salary ("Purchased Shares"). If Purchased Shares are retained for a set period, participants are entitled to receive "Matching Shares". The total number of Matching Shares which will be awarded is equal to 100% of the Purchased Shares acquired in respect of a BAYE plan year. The Matching Share awards will vest (subject to continued employment) in three instalments following the announcement of the Company's results for the following years:
· 33.33% in the first calendar year following the year in respect of which the purchase was made;
· 33.33% in the third calendar year following the year in respect of which the purchase was made; and
· 33.33% in the fifth calendar year following the year in respect of which the purchase was made.
Mr McLaren and Mr Young have applied to acquire Purchased Shares for every month that they participate in the BAYE.
The notification below provides further information about these transactions.
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
| (a) | Name | (i) Michael McLaren (ii) Jonathan Young | |||||||||
| 2 | Reason for the notification
| ||||||||||
| (a) | Position/Status | (i) Chief Financial Officer (Executive Director) (ii) Chief Information Officer (PDMR) | |||||||||
| (b) | Initial notification / Amendment | Initial notification
| |||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
| (a) | Name | FDM Group (Holdings) Plc | |||||||||
| (b) | LEI | 213800YR62D7GUZLMZ71 | |||||||||
| 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 £0.01 each
ISIN: GB00BLWDVP51 | |||||||||
| (b) | Nature of the transaction
| Acquisition of ordinary shares of £0.01 each in the Company pursuant to the Company's Buy-As-You-Earn Plan. | |||||||||
| (c) | Price(s) and volume(s) |
| |||||||||
| (d) | Aggregated Information - Aggregated Volume - Price | N/A | |||||||||
| (e) | Date of the Transaction | 11 August 2022 | |||||||||
| (f) | Place of the Transaction | Outside a trading venue | |||||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
| (a) | Name | (i) Michael McLaren (ii) Jonathan Young | |||||||||
| 2 | Reason for the notification
| ||||||||||
| (a) | Position/Status | (i) Chief Financial Officer (Executive Director) (ii) Chief Information Officer (PDMR) | |||||||||
| (b) | Initial notification / Amendment | Initial notification
| |||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
| (a) | Name | FDM Group (Holdings) Plc | |||||||||
| (b) | LEI | 213800YR62D7GUZLMZ71 | |||||||||
| 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 £0.01 each
ISIN: GB00BLWDVP51 | |||||||||
| (b) | Nature of the transaction
| Grant of right to acquire ordinary shares of £0.01 each in the Company pursuant to the Company's Buy-As-You-Earn Plan | |||||||||
| (c) | Price(s) and volume(s) |
| |||||||||
| (d) | Aggregated Information - Aggregated Volume - Price | N/A
| |||||||||
| (e) | Date of the Transaction | 11 August 2022 | |||||||||
| (f) | Place of the Transaction | Outside a trading venue | |||||||||
Contacts
Mark Heather, Company Secretary 020 3056 8240
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
