Genus PLC — Remuneration Information 2016

Sep 15, 2016

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RNS Number : 9703J

Genus PLC

15 September 2016

15 September 2016

Genus plc

Director/PDMR Shareholding

Genus plc (LSE: GNS) announces that yesterday conditional nil-cost share options were granted under the Genus 2014 Performance Share Plan over ordinary shares in Genus to the Executive Directors and members of the Genus Executive Leadership Team ('GELT') as listed in table A below.  In addition, following Genus's compulsory deferral requirements relating to the annual bonus earned by Executive Directors and GELT for the financial year ending 30 June 2016, nil-cost share options were granted over ordinary shares under Genus's Deferred Share Bonus Plan as listed in table B below.

Details of the performance conditions that apply to the nil-cost share options can be found in the Directors' Remuneration Report of the Genus 2016 Annual Report.

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the nil-cost share option awards made on 14 September 2016.

For further information please contact:

Genus:

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

Table A - GELT 2014 Performance Share Plan Options

1.           

Details of the person discharging managerial responsibilities / person closely associated

a.            

Name

1.    Karim Bitar

2.    Stephen Wilson

3.    Bill Christianson

4.    Saskia Korink Romani

5.    Jerry Thompson

6.    Jonathan Lightner

7.    Catherine Glickman

8.    Dan Hartley

2.            

Reason for the notification

a.            

Position/status

1.    Chief Executive

2.    Group Finance Director

3.    Chief Operating Officer Genus PIC

4.    Chief Operating Officer Genus ABS

5.    Chief Operating Officer Global Beef

6.    Chief Scientific Officer & Head of Genus R&D

7.    Group Human Resources Director

8.    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

Award of nil-cost share options granted under the Genus plc 2014 Performance Share plan over ordinary shares in Genus.

c.            

Price(s) and volume(s)

Price(s)	Volume(s)
1.    1,884p	58,186
2.    1,884p	34,500
3.    1,884p	22,613
4.    1,884p	21,006
5.    1,884p	16,981
6.    1,884p	22,613
7.    1,884p	17,405
8.    1,884p	19,145

d.            

Aggregated information

·     Aggregated volume

·     Price

n/a

e.            

Date of the transaction

2016-09-14

f.            

Place of the transaction

London Stock Exchange, Main Market (XLON)

Table B - GELT Deferred Share Bonus Plan Options

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	1.    Karim Bitar 2.    Stephen Wilson 3.    Bill Christianson 4.    Saskia Korink Romani 5.    Jerry Thompson 6.    Jonathan Lightner 7.    Catherine Glickman 8.    Dan Hartley

2.            

Reason for the notification

a.            

Position/status

1.    Chief Executive

2.    Group Finance Director

3.    Chief Operating Officer Genus PIC

4.    Chief Operating Officer Genus ABS

5.    Chief Operating Officer Global Beef

6.    Chief Scientific Officer & Head of Genus R&D

7.    Group Human Resources Director

8.    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

Award of nil-cost share options granted under Genus's Deferred Share Bonus Plan following the compulsory deferral of 25% of annual bonus in respect of bonuses earned in the financial year ending 30 June 2016.

c.            

Price(s) and volume(s)

Price(s)	Volume(s)
1.    1,884p	6,973
2.    1,884p	4,725
3.    1,884p	2,880
4.    1,884p	1,150
5.    1,884p	2,426
6.    1,884p	2,770
7.    1,884p	2,178
8.    1,884p	2,474

d.            

Aggregated information

·     Aggregated volume

·     Price

n/a

e.            

Date of the transaction

2016-09-14

f.            

Place of the transaction

London Stock Exchange, Main Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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