Genus PLC — Director's Dealing 2020

Sep 23, 2020

National Storage Mechanism | Additional information

RNS Number : 8656Z

Genus PLC

23 September 2020

23 September 2020

Genus plc

Director/PDMR Shareholding

Genus plc (LSE: GNS) announces that, further to the vesting on 14 September 2020 of conditional nil-cost options granted in 2017 under the Genus 2014 Performance Share Plan (the 'PSP') and conditional nil-cost options granted in 2017 under the Genus Deferred Share Bonus Plan (the 'DSBP') as listed in table A and table B below respectively, members of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus on 21 September 2020 on the London Stock Exchange, to offset income tax and social security liabilities due on the exercises and retained the balance of ordinary shares.

Conditional nil-cost options granted under the PSP were subject to relevant performance conditions, measured over a three-year performance period which commenced on 1 July 2017 and ended on 30 June 2020. Following assessment of the performance conditions, the Remuneration Committee determined that the awards would vest at 44.9% of the original grant. The balance of the awards made to the PDMRs listed in table A have lapsed.

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the number of nil-cost options exercised and ordinary shares sold on 21 September 2020.

For further information please contact:

Genus:

Cara Crichton, Deputy Company Secretary                                           Tel: +44 (0)1256 347100

Table A - GELT 2014 Performance Share Plan Exercise

1.   

Details of the person discharging managerial responsibilities / person closely associated

a.            

Name

1.    Stephen Wilson

2.    Jerry Thompson

3.    Angelle Rosata

4.    Dan Hartley

2.             

Reason for the notification

a.             

Position/status

1.    Chief Executive Officer

2.    Chief Operating Officer Genus ABS Beef

3.    Group Human Resources Director

4.    Group General Counsel & Company Secretary

b.             

Initial notification

/Amendment

Initial notification

3.             

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.             

Name

Genus plc

b.             

LEI

54930022EOITNKSIGH56

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 10p each

GB0002074580

b.             

Nature of the transaction

Exercise of nil-cost options under the PSP.

c.             

Price(s) and volume(s)

Price(s)	Volume(s)
1.    0p	15,016
2.    0p	8,379
3.    0p	7,992
4.    0p	8,535

d.             

Aggregated information

·    Aggregated volume

·    Price

Price(s)	Volume(s)
1.    0p	15,016
2.    0p	8,379
3.    0p	7,992
4.    0p	8,535

e.             

Date of the transaction

2020-09-21

f.             

Place of the transaction

Outside a trading venue.

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 10p each

GB0002074580

b.

Nature of the transaction

Sale of shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise.

c.

Price(s) and volume(s)

Price(s)	Volume(s)
1.    3,721.43p	7,224
2.    3,725.27p	3,958
3.    3,724p	3,056
4.    3,748.33p	4,106

d.

Aggregated information

·    Aggregated volume

·    Price

Price(s)	Volume(s)
1.    3,721.43p	7,224
2.    3,725.27p	3,958
3.    3,724p	3,056
4.    3,748.33p	4,106

e.

Date of the transaction

2020-09-21

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

Table B - GELT Deferred Share Bonus Plan Exercise

1.   

Details of the person discharging managerial responsibilities / person closely associated

a

a.

Name

1.    Stephen Wilson

2.    Jerry Thompson

3.    Dan Hartley

2.   

Reason for the notification

a.           

Position/status

1.    Chief Executive Officer

2.    Chief Operating Officer Genus ABS Beef

3.    Group General Counsel & Company Secretary

b.           

Initial notification

/Amendment

Initial notification

3.           

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.           

Name

Genus plc

b.          

LEI

54930022EOITNKSIGH56

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 10p each

GB0002074580

b.           

Nature of the transaction

Exercise of nil-cost options under the DSBP.

c.            

Price(s) and volume(s)

Price(s)	Volume(s)
1.    0p	10,213
2.    0p	615
3.    0p	6,395

d.           

Aggregated information

·    Aggregated volume

·    Price

Price(s)	Volume(s)
1.    0p	10,213
2.    0p	615
3.    0p	6,395

e.           

Date of the transaction

2020-09-21

f.            

Place of the transaction

Outside a trading venue.

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 10p each

GB0002074580

b.

Nature of the transaction

Sale of shares arising from the exercise of nil-cost options under the DSBP to offset income tax and social security liabilities due on the exercise.

c.

Price(s) and volume(s)

Price(s)	Volume(s)
1.    3,721.43p	4,914
2.    3,725.27p	291
3.    3,748.33p	3,077

d.

Aggregated information

·    Aggregated volume

·    Price

Price(s)	Volume(s)
1.    3,721.43p	4,914
2.    3,725.27p	291
3.    3,748.33p	3,077

e.

Date of the transaction

2020-09-21

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

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