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31 May 2023
Hostmore plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities
Grant of Restricted Share Award
Hostmore plc (the "Company") announces that the following restricted share award over 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 permanent Chief Executive Officer. It was agreed at the time Julie McEwan was appointed as permanent Chief Executive Officer that this award over shares in the Company would be made to her. The vesting of the restricted share award is subject to the approval of the Company's new Directors' Remuneration Policy by the requisite proportion of the Company's shareholders at the Company's annual general meeting on 7 June 2023. Subject to the aforementioned condition being satisfied, these shares will be 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 under Award |
| Julie McEwan | Chief Executive Officer | 185,000 |
The award was granted as a restricted share award on 30 May 2023. The vesting of the award is subject to the approval of the Company's new Directors' Remuneration Policy by the requisite proportion of the Company's shareholders at the Company's annual general meeting on 7 June 2023. A two-year holding period applies to the shares.
The grant of the award has been made as outlined and in accordance with the Directors' Remuneration Policy 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 | Grant of restricted share award over ordinary shares of £0.20 each
GB00BMV9MD66
| ||||||
| b) | Nature of the transaction | Grant of restricted share award | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price | Not Applicable | ||||||
| e) | Date of the transaction
| 30 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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