HYVE GROUP PLC — Director's Dealing 2020

Dec 7, 2020

National Storage Mechanism | Additional information

RNS Number : 8315H

Hyve Group PLC

07 December 2020

7 December 2020    

Hyve Group plc

('Hyve' or 'the Company')

Director/PDMR Shareholding

HYVE GROUP PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS 

Hyve Group plc announces that on 4 December 2020 the following Directors and Persons Discharging Managerial Responsibility have been awarded Nominal Options over ordinary shares of 10 pence each of the Company under the Rules of the Hyve Group plc Employees' Performance Share Plan 2014 (as amended in 2019) ('PSP') as shown below. 

Name	Title	Number of shares under PSP Awards
John Gulliver	Chief Finance and Operations Officer	221,450
Helen Milburn	General Counsel	142,629
Mark Shashoua	Chief Executive Officer	461,668

Subject to the terms of the PSP, the awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions are satisfied over the three-year performance period. The awards for Mr Gulliver and Mr Shashoua are subject to a holding period, ending on the fifth anniversary of the grant of the awards.

The performance conditions will be disclosed in the Directors' Remuneration Report in the 2020 Annual Report and Accounts.

Set out below are the notifications made in accordance with Article 19 of the EU Market Abuse Regulation.

For further information please contact:

Hyve Group plc Jared Cranney, Company Secretary	+44 (0)20 7596 5000
FTI Consulting Charles Palmer/Emma Hall/Chris Birt	+44 (0)20 3727 1000

Notification of Dealing Form:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Gulliver

2

Reason for the notification

a)

Position/status

Chief Finance and Operations Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Hyve Group plc

b)

LEI

549300ZOQOW485BCD047

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 10 pence each

Identification code

ISIN: GB000BKP36R26

b)

Nature of the transaction

Grant of 10p cost options under the Company's Employees' Performance Share Plan

c)

Price(s) and volume(s)

Price per share	Volume
10p	221,450

d)

Aggregated Information

Volume

Price

n/a single transaction

e)

Date of transaction

4 December 2020

f)

Place of transaction

Outside a trading venue

Notification of Dealing Form:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Helen Milburn

2

Reason for the notification

a)

Position/status

General Counsel

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Hyve Group plc

b)

LEI

549300ZOQOW485BCD047

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 10 pence each

Identification code

ISIN: GB000BKP36R26

b)

Nature of the transaction

Grant of 10p cost options under the Company's Employees' Performance Share Plan

c)

Price(s) and volume(s)

Price per share	Volume
10p	142,629

d)

Aggregated Information

Volume

Price

n/a single transaction

e)

Date of transaction

4 December 2020

f)

Place of transaction

Outside a trading venue

Notification of Dealing Form:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Shashoua 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Hyve Group plc

b)

LEI

549300ZOQOW485BCD047

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 10 pence each

Identification code

ISIN: GB000BKP36R26

b)

Nature of the transaction

Grant of 10p cost options under the Company's Employees' Performance Share Plan

c)

Price(s) and volume(s)

Price per share	Volume
10p	461,668

d)

Aggregated Information

Volume

Price

n/a single transaction

e)

Date of transaction

4 December 2020

f)

Place of transaction

Outside a trading venue

About Hyve Group plc

Hyve Group plc is a next generation global events business whose purpose is to create unmissable events, where customers from all corners of the globe share extraordinary moments and shape industry innovation.  Hyve Group plc was announced as the new brand name of ITE Group plc in September 2019, following its significant transformation under the Transformation and Growth (TAG) programme.  Our vision is to create the world's leading portfolio of content-driven, must attend events delivering an outstanding experience and ROI for our customers. 

Where business is personal, where meetings move markets and where today's leaders inspire tomorrow's.

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