AI Terminal
VP PLC
Remuneration Information • Aug 8, 2024
5263_dirs_2024-08-08_a12e0712-eb03-47f2-bb38-c89523974a21.html
Remuneration Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 7756Z
Vp PLC
08 August 2024
Immediate Release 28 July 2024
Vp plc
('the Company')
Grant of SAYE Options and PDMR Dealing
Vp plc announces that on 26 July 2024, it granted 1,344 options over new ordinary shares of 5 pence each ("Ordinary Shares") to certain employees and directors of the Group under the Vp plc Save As You Earn scheme ("SAYE Scheme").
Participation in the SAYE Scheme has been made available to all employees of the Company who satisfy certain eligibility criteria. The following directors and persons discharging managerial responsibility ("PDMRs") of the Company have elected to participate in the SAYE Scheme and their options are included in the total figures above.
| Name | Title | Number of Ordinary Shares over which options granted | Exercise price |
| Anna Bielby | Chief Executive Officer | 672 | 552p |
| Keith Winstanley | Chief Financial Officer | 672 | 552p |
The options vest after three years, subject to continued employment with the Group, and are exercisable at a price of 552 pence per share, calculated in accordance with the rules of the SAYE Scheme representing a discount of 20% to the mid-market closing price on 27 June 2024, being the last practicable day prior to the invitation made to all eligible employees on 28 June 2024.
The below notifications made in accordance with the requirements of the UK Market Abuse Regulation provide further detail:
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Anna Bielby
2.
Reason for the notification
a)
Positio n / status
Chief Executive Officer (Director and PDMR)
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer
a)
Name
Vp plc
b)
LEI
213800TBQKKQR7UXZP80
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, t ype of instrument
Options over ordinary shares of 5 pence each
b)
Identification code
ISIN: GB0009286963
c)
Nature of the transaction
Grant of SAYE Options
d)
Price(s) and volume(s)
| Price | Volume |
| 552p | 672 |
e)
Aggregated information
- Volume
- Price
N/A - Single transaction
f)
Date of the transaction
26 July 2024
g)
Place of the transaction
Outside of a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Keith Winstanley
2.
Reason for the notification
a)
Positio n / status
Chief Financial Officer (Director and PDMR)
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer
a)
Name
Vp plc
b)
LEI
213800TBQKKQR7UXZP80
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, t ype of instrument
Options over ordinary shares of 5 pence each
b)
Identification code
ISIN: GB0009286963
c)
Nature of the transaction
Grant of SAYE Options
d)
Price(s) and volume(s)
| Price | Volume |
| 552p | 672 |
e)
Aggregated information
- Volume
- Price
N/A - Single transaction
f)
Date of the transaction
26 July 2024
g)
Place of the transaction
Outside of a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHQKFBKBBKDPFK