Genuit Group plc (the "Company")
The Company announces that on 21 June 2023, Joe Vorih, Chief Executive Officer and a Person Discharging Managerial Responsibilities, exercised a nil-cost option over 128,921 ordinary shares (including 3,809 dividend shares) of £0.001 each in the capital of the Company ('Shares') in accordance with the Deferred Share Award that was granted to him on 22 March 2022.
Full details of the Award were included in a regulatory announcement released on 23 March 2022 and in the Company's 2022 Annual Report and Accounts. The Company's Employee Benefit Trust has today transferred 68,328 Shares to Mr Vorih which represents the net number of Shares due to him after the appropriate tax and national insurance liabilities were taken into account.
The notification 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 with them.
| 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
| Purchase of Ordinary Shares
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A
| ||||
| e)
| Date of the transaction
| 26 June 2023 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
Enquiries:
Emma Versluys, Group Legal Counsel and Company Secretary
+44 (0) 1138 315 315
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