HEADLAM GROUP PLC

Remuneration Information • Apr 13, 2023

National Storage Mechanism | Additional information

RNS Number : 1727W

Headlam Group PLC

13 April 2023

13 April 2023

Headlam Group plc

(the 'Company')

Grant of awards under Deferred Bonus Plan ('DBP')

As detailed in the 2022 Annual Report and Accounts, under the DBP, one-third of any annual bonus amount awarded to Executive Directors is required to be deferred into a right to acquire ordinary shares in the Company at nil-cost.  Following payment of the annual bonus in respect of the financial year ended 31 December 2022, on 13 April 2023, the Company granted nil-cost options to the following Executive Director:

Executive Director / PDMR	Role	Amount of Bonus Deferred (£)	Number of ordinary shares over which options granted
Chris Payne	Chief Executive	67,940	22,563

The 2023 DBP option will not vest until the second anniversary of the grant date, and is subject to a dividend equivalent in the form of shares, calculated on a re-investment basis.  The number of ordinary shares over which the option was granted was calculated based on a share price of 301.1 pence per ordinary share, being the average mid-market closing share price for the five business days prior to the grant date, as derived from the London Stock Exchange daily official list.

Headlam Group plc	Tel: 01675 433 000
Chris Payne, Chief Executive	Email: headlamgroup@headlam.com
Catherine Miles, Director of IR and ESG
Panmure Gordon (UK) Limited (Corporate Broker)	Tel: 020 7886 2500
Tom Scrivens / Atholl Tweedie Peel Hunt LLP (Corporate Broker)	Tel: 020 7418 8900
George Sellar / John Welch

Notification and public disclosure of transactions by persons discharging managerial  

responsibilities / persons closely associated with them.

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Chris Payne

2.

Reason for the notification

a)

Position / status

Chief Executive

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer

a)

Name

Headlam Group plc

b)

LEI

213800I4AZZUJEYX9O90

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

Ordinary shares of £0.05 each. 

b)

Identification code

ISIN: GB0004170089

c)

Nature of the transaction

Grant of nil-cost options over Ordinary Shares under the Company's Deferred Bonus Plan

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
N/A	22,563

e)

Aggregated information

-     Volume

-     Price

N/A

f)

Date of the transaction

13 April 2023

g)

Place of the transaction

Outside a trading venue

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