Source - LSE Regulatory
RNS Number : 3571L
Pod Point Group Holdings PLC
19 April 2024
 

19 April 2024

 

Pod Point Group Holdings plc

(the "Company" or "Pod Point")

Notification of Transactions by Persons Discharging Managerial Responsibilities ('PDMRs')

 

The Company announces that, on 19 April 2024, it granted a Nil Cost Option ("Option") over Ordinary Shares of £0.001 each in the Company ("Shares"), in accordance with the Rules of the Pod Point Deferred Bonus Share Plan ("DBSP"), to the Chief Financial Officer of the Company, David Wolffe.

 

In accordance with the Remuneration Policy, up to 30% of the outturn of the Annual Bonus Plan is deferred into Shares.  These awards relate to the deferral of 30% of the annual bonus earned by David Wolffe in respect of the financial year ended 31 December 2023.  The Option, which will vest on the second anniversary of the grant, is not subject to further performance conditions but is subject to continued employment in accordance with the rules of the DBSP.

 

No consideration is payable either on the grant or vesting of the Option.

 

The Option is subject to malus and clawback provisions.

 

This notification is made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

 

1.

Details of the PDMR

a)

Name

David Wolffe

2.

Reason for notification

b)

Position / status

Chief Financial Officer

c)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pod Point Group Holdings plc

b)

LEI

213800MY9U5MEDG21D89

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 £0.001 each

ISIN: GB00BNDRD100

b)

Nature of the transaction

Grant of Nil Cost Option under the Deferred Share Bonus Plan

c)

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

£0.00

118,942

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

N/A

 

e)

Date of the transaction

19 April 2024

 

f)

Place of the transaction

Outside of a trading venue

 

Anita Guernari

Company Secretary

 

Enquiries:

Media

Matt Low / Arthur Rogers (Teneo)                                                         +44 (0)20 7353 4200 PodPoint@teneo.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
DSHBGGDSGXBDGSC
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Pod Point Group Holdings PLC (PODP)

+0.48p (+2.38%)
delayed 16:30PM