29 May 2024
FDM GROUP (HOLDINGS) PLC
Director/PDMR Shareholding
FDM Group (Holdings) Plc ("FDM" or the "Company"), a global professional services provider with a focus on Information Technology, announces that on 28 May 2024 the Directors/PDMRs named below acquired ordinary shares of £0.01 each in the capital of the Company ("Shares"), as follows:
| Name | Position | Number of Shares Acquired |
| Michael McLaren | Chief Financial Officer | 71 |
| Jonathan Young | Chief Information Officer | 54 |
| Mark Heather | Group Governance Director & Company Secretary | 205 |
The Shares represent an award of "Matching Shares" which the individuals were entitled to receive at no cost to them under FDM's all employee "Buy-As-You-Earn Plan" (the "Plan") and were transferred to them from FDM's Employee Benefit Trust. The award of the Shares follows their vesting in accordance with the Plan, with the number of Shares representing 33.3% of the number of Shares purchased by each of the PDMRs using their respective monthly contributions made to the Plan in the 2022 calendar year (the "Purchased Shares"). The award of Matching Shares was settled net, after deduction of the tax payable by the individuals on the award.
If the Purchased Shares continue to be retained in the Plan for the required period, each individual named above will be entitled to receive further awards of "Matching Shares" in respect of the Purchased Shares, as follows:
· 33.3% in 2026; and
· 33.3% in 2028.
The notification below provides further information about these transactions.
| 1 | Details of the person discharging managerial responsibilities / person closely associated
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| (a) | Name | (i) Michael McLaren (ii) Jonathan Young (iii) Mark Heather | ||||||||||||
| 2 | Reason for the notification
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| (a) | Position/Status | (i) Chief Financial Officer (Director) (ii) Chief Information Officer (PDMR) (iii) Group Governance Director and Company Secretary (PDMR) | ||||||||||||
| (b) | Initial notification / Amendment | Initial notification
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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| (a) | Name | FDM Group (Holdings) Plc | ||||||||||||
| (b) | LEI | 213800YR62D7GUZLMZ71 | ||||||||||||
| 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.
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| (a) | Description of the financial instrument, type of instrument
Identification Code
| Ordinary shares of £0.01 each
ISIN: GB00BLWDVP51 | ||||||||||||
| (b) | Nature of the transaction
| Acquisition of ordinary shares of £0.01 each in the Company pursuant to the vesting of an award of Matching Shares under the Company's Buy-As-You-Earn Plan. | ||||||||||||
| (c) | Price(s) and volume(s) |
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| (d) | Aggregated Information - Aggregated Volume - Price | N/A | ||||||||||||
| (e) | Date of the Transaction | 28 May 2024 | ||||||||||||
| (f) | Place of the Transaction | Outside a trading venue | ||||||||||||
Contacts
Mark Heather, Company Secretary 020 3056 8240
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