17 October 2024
XPS Pensions Group plc
(the "Company")
TRANSACTION BY DIRECTOR AND PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
XPS announces that, on 16 October 2024 Snehal Shah, Chief Financial Officer and person discharging managerial responsibilities ("PDMR"), sold 66,830 ordinary shares of 0.05 pence each in the Company ("Ordinary Shares") at a price of 335 pence per Ordinary Share.
Snehal Shah continues to maintain a material holding in the Company, holding 210,951 Ordinary Shares equal to 232% salary, and 646,030 unvested options as a result of in-flight awards granted under the Company's PSP.
Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.
| 1. | Details of PDMR/person closely associated with them ('PCA') | |||||
| a) | Name | Snehal Shah | ||||
| b) | Position/status | Chief Financial Officer / PDMR | ||||
| c) | Initial notification/ amendment | Initial notification | ||||
| 2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | XPS Pensions Group plc | ||||
| b) | LEI | 2138004Y8OBPJEAACJ11 | ||||
| 3. | 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 transaction(s) has been conducted | |||||
| a) | Description of the financial instrument | Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
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| b) | Nature of the transaction | Sale of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information
Aggregated volume Price | n/a (single transaction)
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| e) | Date of the transaction (settlement) | 16 October 2024 | ||||
| f) | Place of the transaction
| London Stock Exchange (XLON)
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