ZIGUP plc - Director/PDMR Shareholding
PR Newswire
LONDON, United Kingdom, August 16
ZIGUP plc
("ZIGUP" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
This announcement is made in accordance with Article 19 of the Market Abuse Regulation ('MAR').
The Company announces that the nil cost award of options over ordinary shares of £0.50 pence each in the Company made to the executive directors on 9 August 2021 under the Company's 2019 Executive Performance Share Plan ("Awards") vested on 9 August 2024.
On 14 August 2024, the executive directors exercised the following Awards and sold the following ordinary shares in order to satisfy the personal taxation obligations arising on exercise:
| Director | Award Exercised | Shares sold | Shares retained |
| Martin Ward | 206,853 | 97,563 | 109,290 (These shares are subject to a two-year holding period). |
| Philip Vincent | 133,601 | 63,014 | 70,587 (These shares are subject to a two-year holding period). |
The ordinary shares required to satisfy the exercise of the Awards were transferred from the Company's Employee Benefit Trust.
Details of the full notification by the Company are set out below.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Martin Ward | ||||
| 2
| Reason for the 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
| ZIGUP plc | ||||
| b)
| LEI
| 213800B3ZUTDOZYVJB41 | ||||
| 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
| Ordinary shares of £0.50 pence each in ZIGUP plc | ||||
| b) | Identification code
| GB00B41H7391 | ||||
| c)
| Nature of the transaction
| Acquisition of Ordinary Shares of £0.50 pence each made under the ZIGUP plc 2019 Executive Performance Share Plan | ||||
| d)
| Price(s) and volume(s)
|
| ||||
| e)
| Aggregated information
- Aggregated Volume
- Price
|
206,853
Nil
| ||||
| f)
| Date of the transaction
| 14 August 2024 | ||||
| g)
| Place of the transaction
| Outside of a Trading Venue | ||||
|
| Transaction 2
| |||||
| a)
| Description of the financial instrument, type of instrument
| Ordinary shares of £0.50 pence each in ZIGUP plc | ||||
| b) | Identification code
| GB00B41H7391 | ||||
| c)
| Nature of the transaction
| Sale of Ordinary Shares made under the ZIGUP plc 2019 Executive Performance Share Plan to cover personal tax and social security obligations arising from the vesting of the Award.
The balance of shares, being 109,290, were transferred to his nominee account with no change in beneficial ownership.
| ||||
| d)
| Price(s) and volume(s)
|
| ||||
| e)
| Aggregated information
- Aggregated Volume
- Price
|
97,563
£4.00
| ||||
| f)
| Date of the transaction
| 14 August 2024 | ||||
| g)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Philip Vincent | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Financial Officer
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| ZIGUP plc | ||||
| b)
| LEI
| 213800B3ZUTDOZYVJB41 | ||||
| 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
| Ordinary shares of £0.50 pence each in ZIGUP plc | ||||
| b) | Identification code
| GB00B41H7391 | ||||
| c)
| Nature of the transaction
| Acquisition of Ordinary Shares of £0.50 pence made under the ZIGUP plc 2019 Executive Performance Share Plan | ||||
| d)
| Price(s) and volume(s)
|
| ||||
| e)
| Aggregated information
- Aggregated Volume
- Price
|
133,601
Nil
| ||||
| f)
| Date of the transaction
| 14 August 2024 | ||||
| g)
| Place of the transaction
| Outside of a Trading Venue | ||||
|
| Transaction 2
| |||||
| a)
| Description of the financial instrument, type of instrument
| Ordinary shares of £0.50 pence each in ZIGUP plc | ||||
| b) | Identification code
| GB00B41H7391 | ||||
| c)
| Nature of the transaction
| Sale of Ordinary Shares made under the ZIGUP plc 2019 Executive Performance Share Plan to cover personal tax and social security obligations arising from the vesting of the Award. (This is set out in columns D&E of transaction 2).
The balance of shares, being 70,587, were transferred to his nominee account with no change in beneficial ownership.
| ||||
| d)
| Price(s) and volume(s)
|
| ||||
| e)
| Aggregated information
- Aggregated Volume
- Price
|
63,014
£4.00
| ||||
| f)
| Date of the transaction
| 14 August 2024 | ||||
| g)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
For further information, please contact:
ZIGUP plc
Matthew Barton, Company Secretary
