25 September 2024
Record plc ('Record' or the 'Company'), a leading specialist currency and asset management for institutional clients, announces that it has been notified of the following transactions in the Company's ordinary shares of 0.025p each ('Shares') undertaken by directors/ persons discharging managerial responsibility ('PDMR'):
On 24 September 2024 Richard Heading was granted a one-off conditional award over 723,823 Shares of 0.025p each in the Company (the 'Award'). The Award has been granted in reliance of UKLR 9.3.2 in connection with Richard Heading's recruitment in order to compensate him for share awards forfeited when he left his former employer. The Award was granted as a conditional share award and will vest on 3 June 2026. Further detail, as required by UKLR 9.3.3, will be set out in the Company's next annual report.
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
| RICHARD HEADING
| |
| 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
| RECORD PLC | |
| b)
| LEI
| 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
| GRANT OF COMPENSATORY CONDITIONAL SHARE AWARD | |
| c)
| Price(s) and volume(s)
| Prices(s) | Volume(s) |
| NIL | 723,823 SHARES
| ||
| d)
| Aggregated information - Aggregated volume - Price
|
SEE SECTION C ABOVE
| |
| e)
| Date of the transaction
| 24 SEPTEMBER 2024 | |
| 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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