NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
12 May 2023
Hostmore plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities
Grant of one-off award of Shares
Hostmore plc (the "Company") announces that the following award of ordinary shares of 20 pence each in the Company was granted to Julie McEwan, a Person Discharging Managerial Responsibilities ("PDMR"), to reflect the additional responsibilities of her acting as the Company's interim Chief Executive Officer from 9 January 2023 to 1 May 2023. It was agreed that an award of shares in the Company would be made to Julie McEwan at the time she was appointed as interim Chief Executive Officer. Julie McEwan was subsequently appointed as the Company's permanent Chief Executive Officer with effect from 2 May 2023. These shares are being transferred to Julie McEwan by Intertrust Employee Benefit Trustee Limited, the trustee of the Hostmore plc 2021 Employee Benefit Trust, from shares currently held by the Trust.
| Participant | Position | No. of Shares awarded |
| Julie McEwan | Chief Executive Officer | 185,000 |
The shares were awarded as a one-off award on 12 May 2023 and are not subject to any vesting conditions. A two-year holding period applies to the shares.
The award of shares has been made as outlined and in accordance with the Directors' Remuneration Report published in the Company's annual report and financial statements for the 52-week period ended 1 January 2023.
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||
| a) | Full Name | Julie McEwan | ||||
| 2. | Reasons 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) | Full name of the entity | Hostmore plc
| ||||
| b) | Legal Entity Identifier code | 2138008IAVFFCVTG1L66
| ||||
| 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
Identification Code | Ordinary shares of £0.20 each in Hostmore plc
GB00BMV9MD66
| ||||
| b) | Nature of the transaction | Award of shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price | Not Applicable | ||||
| e) | Date of the transaction
| 12 May 2023 | ||||
| f) | Place of the transaction
| Outside a trading venue | ||||
ENQUIRIES
Hostmore plc
Alan Clark, Chief Financial Officer
+44 330 460 5588
Dentons Global Advisors
Jonathon Brill / James Styles
Hostmore@dentonsglobaladvisors.com
Tel: +44 (0)20 7664 509
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