31 May 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 31 May 2024, it granted Nil Cost Options ("Options") over Ordinary Shares of £0.001 each in the Company ("Shares"), in accordance with the Rules of the Pod Point Long Term Incentive Plan ("LTIP"), to the Executive Directors of the Company.
As disclosed in the 2023 Annual Report, the awards comprise a normal LTIP and Powering Up LTIP, which vest over three and four years respectively and have differing performance conditions. Vesting of the Options is subject to the Rules of the LTIP and upon continued employment to the normal vesting dates and the achievement of the performance conditions.
The number of Shares that will vest under the Options will depend upon the extent to which the performance conditions have been achieved and the discretion of the Remuneration Committee.
No consideration is payable on grant or vesting of the Options. The Options are subject to additional holding periods from vesting. They are also 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 | Melanie Lane | ||||
| 2. | Reason for notification | |||||
| a) | Position / status | Chief Executive Officer | ||||
| b) | 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; | |||||
| 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 Long Term Incentive Plan | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated information
Aggregated volume
Price |
1,750,000
£0.00
| ||||
| e) | Date of the transaction | 31 May 2024
| ||||
| f) | Place of the transaction | Outside of a trading venue | ||||
| 1. | Details of the PDMR | |||||
| c) | Name | David Wolffe | ||||
| 2. | Reason for notification | |||||
| d) | Position / status | Chief Financial Officer | ||||
| e) | 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; | |||||
| g) | Description of the financial instrument Identification code | Ordinary shares of £0.001 each ISIN: GB00BNDRD100 | ||||
| h) | Nature of the transaction | Grant of Nil Cost Option under the Long Term Incentive Plan | ||||
| i) | Price(s) and volume(s)
|
| ||||
| j) | Aggregated information Aggregated volume Price |
1,400,000 £0.00 | ||||
| k) | Date of the transaction | 31 May 2024
| ||||
| l) | 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
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