Phoenix Group Holdings PLC — Remuneration Information 2016

Oct 27, 2016

National Storage Mechanism | Additional information

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RNS Number : 6537N

Phoenix Group Holdings

27 October 2016

Phoenix Group Holdings Long Term Incentive Plan ("LTIP")

On 26 October 2016, the recently-appointed Group HR Director was granted an award under the LTIP over Ordinary shares of  €.0001 each fully paid in the Company.  For the purposes of determining the number of shares under the award, a price of £8.7617 per share has been used, being the average middle-market quotation of the Company's shares over the three dealing days immediately preceding the date of grant.

The vesting of the award is subject to the satisfaction of certain performance conditions over a three year period, followed by a further two year holding period which ends on the fifth anniversary of the date that the award was granted, at which point the award can be exercised.  

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

Stephen Jefford

2

Reason for the notification

a)

Position/status

Group HR Director

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Phoenix Group Holdings

b)

LEI

21380031B1D56JRCE375

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 €.0001 each fully paid

KYG7091M1096

b)

Nature of the transaction

Grant of Award under the Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
NIL	23,967

d)

Aggregated information

- Aggregated volume

- Price

23,967

NIL

e)

Date of the transaction

25 October 2016

f)

Place of the transaction

London

This information is provided by RNS

The company news service from the London Stock Exchange

END

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