Genuit Group plc ('the Company')
Notification of Transactions by Persons Discharging Managerial Responsibilities
The Company announces that on 21 April 2023, an award under the Company's Deferred Share Bonus Plan ("DSBP") was granted over Ordinary Shares of £0.001 each as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.
| 1. Name | 2. No. of Shares subject to DSBP | 3. Exercise dates | 4. Lapse Date |
| Joe Vorih | 11,367 | 21/04/2025 (50%) 21/04/2026 (50%) | 21 April 2033 |
| Paul James | 6,838 | 21/04/2025 (50%) 21/04/2026 (50%) | 21 April 2033 |
| Matt Pullen | 6,836 | 21/04/2025 (50%) 21/04/2026 (50%) | 21 April 2033 |
For further information on the DSBP, please refer to the 2022 Annual Report and Accounts which is available at www.genuitgroup.com
The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Joe Vorih
| ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Executive Officer/Director and PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Genuit Group plc | ||||
| b)
| LEI
| 2138005IF1N2RKJ6KO18 | ||||
| 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 £0.001 each in the capital of Genuit Group plc
GB00BKRC5K31
| ||||
| b)
| Nature of the transaction
| Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 21 April 2023, vesting on 21 April 2025 (50%) and 21 April 2026 (50%), exercisable for 10 years from the date of grant. | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
| e)
| Date of the transaction
| 21 April 2023 | ||||
| f)
| Place of the transaction
| Outside a Trading Venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Paul James
| ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Financial Officer/Director and PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Genuit Group plc | ||||
| b)
| LEI
| 2138005IF1N2RKJ6KO18 | ||||
| 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 £0.001 each in the capital of Genuit Group plc
GB00BKRC5K31
| ||||
| b)
| Nature of the transaction
| Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 21 April 2023, vesting on 21 April 2025 (50%) and 21 April 2026 (50%), exercisable for 10 years from the date of grant. | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
| e)
| Date of the transaction
| 21 April 2023 | ||||
| f)
| Place of the transaction
| Outside a Trading Venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Matt Pullen
| ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Operating Officer/Director and PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Genuit Group plc | ||||
| b)
| LEI
| 2138005IF1N2RKJ6KO18 | ||||
| 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 £0.001 each in the capital of Genuit Group plc
GB00BKRC5K31
| ||||
| b)
| Nature of the transaction
| Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 21 April 2023, vesting on 21 April 2025 (50%) and 21 April 2026 (50%), exercisable for 10 years from the date of grant. | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
| e)
| Date of the transaction
| 21 April 2023 | ||||
| f)
| Place of the transaction
| Outside a Trading Venue | ||||
Contacts:
| Emma Versluys, | +44 (0) 1138 315 315 |
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