25 August 2023
Record plc ('Record' or the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation
The Company announces, in accordance with DTR 3.1.4R(1) that on 23 August 2023 the following directors of the Company (each a person discharging managerial responsibilities) and persons closely associated exercised share options issued under the Record plc Share Scheme as detailed below. The Company was notified of this exercise on 24 August 2023.
| PDMR | Number of Ordinary Shares exercised | Exercise price (pence) |
| Steve Cullen | 43,334 | 31.10 |
| Dmitri Tikhonov | 75,000 | 40.00 |
| Kevin Ayles | 25,000 | 28.90 |
| 125,000 | 40.00 | |
| Jan Witte | 100,000 | 28.90 |
| 150,000 | 40.00 | |
| Rebecca Venis | 62,500 | 28.90 |
| 150,000 | 40.00 | |
| James Allen | 37,500 | 72.96 |
The following disclosure is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a)
| Name
| 1. STEVE CULLEN 2. DMITRI TIKHONOV 3. KEVIN AYLES 4. JAN WITTE 5. REBECCA VENIS 6. JAMES ALLEN | |
| 2 | Reason for the notification | ||
| a)
| Position/status
| 1. CHIEF FINANCIAL OFFICER 2. CHIEF INVESTMENT OFFICER 3. HEAD OF HR & COMPANY SECRETARY 4. CHIEF EXECUTIVE OFFICER, RECORD CURRENCY MANAGEMENT LIMITED 5. CHIEF TECHNOLOGY OFFICER 6. PCA OF CHIEF TECHNOLOGY OFFICER | |
| b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a)
| Name
| RECORD PLC | |
| b)
| LEI (inclusion optional)
| 5493000VJ55ZTYGX4322 | |
| 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 0.025 PENCE PER SHARE
GB00B28ZPS36
| |
| b)
| Nature of the transaction
| EXERCISE OF OPTIONS OVER ORDINARY SHARES IN ACCORDANCE WITH THE RULES OF THE RECORD PLC SHARE SCHEME | |
| c)
| Price(s) and volume(s)
| Prices(s) | Volume (Shares) |
| 1. £0.3110 2. £0.4000 3. £0.2890 4. £0.4000 5. £0.2890 6. £0.4000 7. £0.2890 8. £0.4000 9. £0.7296 | 1. 43,334 2. 75,000 3. 25,000 4. 125,000 5. 100,000 6. 150,000 7. 62,500 8. 150,000 9. 37,500 | ||
| d)
| Aggregated information - Aggregated volume - Price
| Prices(s) | Volume (Shares) |
| 1. £0.3110 2. £0.4000 3. £0.3815 4. £0.3556 5. £0.3674 6. £0.7296
| 1. 43,334 2. 75,000 3. 150,000 4. 250,000 5. 212,500 6. 37,500
| ||
| e)
| Date of the transaction
| 23 AUGUST 2023 | |
| f)
| Place of the transaction
| OUTSIDE A TRADING VENUE | |
In addition to the above, the Company announces, in accordance with DTR 3.1.4R(1) that on 23 August 2023 the following directors (each a person discharging managerial responsibilities) and PCA sold ordinary shares to cover the exercise price and stamp duty reserve tax on some of the options detailed above, and (where relevant) income tax and national insurance liability arising from the gain on exercise. The Company was notified of this disposal on 24 August 2023.
| PDMR | Number of Ordinary Shares sold | Sale price (pence) | |
| Steve Cullen | 29,620 | 77.92 | |
| Dmitri Tikhonov | 55,848 | 77.92 | |
| Kevin Ayles | 109,790 | 77.92 | |
| Jan Witte | 162,230 | 77.92 | |
| Rebecca Venis | 153,473 | 77.92 | |
| James Allen | 36,410 | 77.92 | |
The following disclosure is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a)
| Name
| 1. STEVE CULLEN 2. DMITRI TIKHONOV 3. KEVIN AYLES 4. JAN WITTE 5. REBECCA VENIS 6. JAMES ALLEN | |
| 2 | Reason for the notification | ||
| a)
| Position/status
| 1. CHIEF FINANCIAL OFFICER 2. CHIEF INVESTMENT OFFICER 3. HEAD OF HR & COMPANY SECRETARY 4. CHIEF EXECUTIVE OFFICER, RECORD CURRENCY MANAGEMENT LIMITED 5. CHIEF TECHNOLOGY OFFICER 6. PCA OF CHIEF TECHNOLOGY OFFICER | |
| b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a)
| Name
| RECORD PLC | |
| b)
| LEI (inclusion optional)
| 5493000VJ55ZTYGX4322 | |
| 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 0.025 PENCE PER SHARE
GB00B28ZPS36
| |
| b)
| Nature of the transaction
| SALE OF SHARES | |
| c)
| Price(s) and volume(s)
| Prices(s) | Volume (Shares) |
| £0.7792 | 1. 29,620 2. 55,848 3. 109,790 4. 162,230 5. 153,473 6. 36,410 | ||
| d)
| Aggregated information - Aggregated volume - Price
|
Not applicable - ONE TRANSACTION PER INDIVIDUAL (SEE SECTION C ABOVE)
| |
| e)
| Date of the transaction
| 23 AUGUST 2023 | |
| f)
| Place of the transaction
| OUTSIDE A TRADING VENUE | |
For any queries related to this notification please contact: Kevin Ayles, Company Secretary on 01753 852222.
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