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Inchcape PLC
Remuneration Information • Apr 16, 2025
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 3600F
Inchcape PLC
16 April 2025
Inchcape plc
Grant of awards under the Inchcape Performance Share Plan (PSP) in 2025
Inchcape plc (Company) has granted awards under the PSP for 2025, with an additional grant of a one-off PSP award to support the delivery of the Accelerate+ strategy, in line with the remuneration policy approved by shareholders at the 2023 annual general meeting. The performance targets for the 2025 PSP awards are:
Normal PSP award
| Three-year cumulative EPS (40% weighting) | Vesting % |
| Less than 227p | 0% |
| 227p | 25% |
| 255p | 100% |
| Between 227p and 255p | Straight line basis |
| Three-year average ROCE (40% weighting) | Vesting % |
| Less than 23% | 0% |
| 23% | 25% |
| 30% | 100% |
| Between 23% and 30% | Straight line basis |
| Cash conversion (20% weighting) | Vesting % |
| Less than 57% | 0% |
| 57% | 25% |
| 67% | 100% |
| Between 57% and 67% | Straight line basis |
One-off PSP award
| Three-year cumulative EPS (100%) | Vesting % |
| Less than 255p | 0% |
| 255p | 25% |
| 275p | 100% |
| Between 255p and 275p | Straight line basis |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mike Bowers
2
Reason for the notification
a)
Position/status
PDMR - CEO Americas
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 91,636 (PSP) |
| £0.00 | 35,636 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
127,272
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Liz Brown
2
Reason for the notification
a)
Position/status
PDMR - Chief Strategy & Sustainability Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 83,320 (PSP) |
| £0.00 | 32,402 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
115,722
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Helen Cunningham
2
Reason for the notification
a)
Position/status
PDMR - Chief People Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 85,955 (PSP) |
| £0.00 | 33,426 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
119,381
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Phil Jenkins
2
Reason for the notification
a)
Position/status
PDMR - Chief M&A Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 75,914 (PSP) |
| £0.00 | 29,522 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
105,436
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ruslan Kinebas
2
Reason for the notification
a)
Position/status
PDMR - CEO APAC
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 100,611 (PSP) |
| £0.00 | 39,126 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
139,737
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Romeo Lacerda
2
Reason for the notification
a)
Position/status
PDMR - Chief Commercial Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 101,454 (PSP) |
| £0.00 | 39,454 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
140,908
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Adrian Lewis
2
Reason for the notification
a)
Position/status
PDMR - Group Chief Financial Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 138,476 (PSP) |
| £0.00 | 53,852 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
192,328
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Glafkos Persianis
2
Reason for the notification
a)
Position/status
PDMR - CEO Europe & Africa
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 96,720 (PSP) |
| £0.00 | 37,613 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
134,333
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Duncan Tait
2
Reason for the notification
a)
Position/status
PDMR - Group Chief Executive
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Inchcape plc
b)
LEI
213800RGEH1MPPNM2T57
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 10 pence each
GB00B61TVQ02
b)
Nature of the transaction
Grant of options under the Inchcape Performance Share Plan and an additional one-off award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 259,899 (PSP) |
| £0.00 | 101,071 (One-off award) |
d)
Aggregated information
- Aggregated volume
- Price
360,970
£0.00
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
Outside a trading venue
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