22 October 2024
Phoenix Group Holdings plc (the "Company")
Exercise of nil-cost options under the Phoenix Group Holdings plc Long Term Incentive Plan (the "LTIP")
The Company announces that on 21 October 2024 the following Person Discharging Managerial Responsibilities "PDMR" exercised their nil-cost options over ordinary shares of 10 pence each in the Company under the LTIP granted on 17 August 2021.
LTIP
Vesting of these options was subject to criteria relating to the Company's performance over a three-year performance period to 31 December 2023. The number of options acquired includes the dividend equivalent shares.
| Name | Title | Number of options exercised | Number of ordinary shares sold to cover Tax and Employee NI | Number of ordinary shares held | Sale price per share (in pence) |
| Brid Meaney | Chief Risk Officer | 22,601 | 10,708 | 11,893 | 534.04 |
Notification and public disclosure of transactions by a person discharging managerial responsibilities and persons closely associated with them.
The Notification of Dealing Forms for each PDMR can be found below. This announcement is made in accordance with Article 19(3) of the UK Markets Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
| a)
| Name
| Brid Meaney | |||||||||
| 2
| Reason for the notification
| ||||||||||
| a)
| Position/status
| Chief Risk Officer | |||||||||
| b)
| Initial notification /Amendment
| Initial Notification | |||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
| a)
| Name
| Phoenix Group Holdings plc | |||||||||
| b)
| LEI
| 2138001P49OLAEU33T68 | |||||||||
| 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
|
Phoenix Group Holdings plc ordinary shares of 10 pence each
GB00BGXQNP29 | |||||||||
| b)
| Nature of the transaction
| Acquisition of shares pursuant to the exercise of options under the Company's LTIP and sale of shares to cover tax liabilities | |||||||||
| c)
| Price(s) and volume(s)
|
| |||||||||
| d)
| Aggregated information
- Aggregated volume
- Price |
N/A, single transaction
| |||||||||
| e)
| Date of the transaction | 21 October 2024 | |||||||||
| f) | Place of the transaction | London Stock Exchange (XLON)
| |||||||||
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