Genuit Group plc (the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
The Company announces that on 29 September 2023, Emma Versluys, Group Legal Counsel and Company Secretary and a Person Discharging Managerial Responsibilities, exercised the following options:
1. a nil-cost option over 5,973 shares in accordance with the Long-Term Incentive Plan Award granted on 22 May 2017. Ms. Versluys sold sufficient shares to cover the appropriate tax and national insurance liabilities due on exercise;
2. a nil-cost option over 3,508 shares in accordance with the Long-Term Incentive Plan Award granted on 2 May 2018. Ms. Versluys sold sufficient shares to cover the appropriate tax and national insurance liabilities due on exercise; and
3. a nil-cost option over 4,108 shares in accordance with the Long-Term Incentive Plan Award granted on 30 April 2019. Ms. Versluys sold sufficient shares to cover the appropriate tax and national insurance liabilities due on exercise.
The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides 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
| Emma Versluys | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Group Legal Counsel and Company Secretary | ||||
| 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 ("Shares")
GB00BKRC5K31
| ||||
| b)
| Nature of the transaction
| Acquisition of Shares for no consideration pursuant to the exercise of nil-cost options as follows: - Long-Term Incentive Plan ("LTIP") award granted on 22 May 2017 - LTIP award granted on 2 May 2018 - LTIP award granted on 30 April 2019 | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
| N/A | ||||
| e)
| Date of the transaction
| 4 October 2023 | ||||
| f)
| Place of the transaction
| Outside a Trading Venue | ||||
Enquiries:
Colette Thompson, Assistant Company Secretary
+44 (0) 1138 315 315
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