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RM PLC
Remuneration Information • Oct 8, 2021
5284_dirs_2021-10-08_1520e007-b4a4-4b09-974d-65a260a6b3c4.html
Remuneration Information
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National Storage Mechanism | Additional information
RM plc (RM.)
RM plc: Director/PDMR shareholding
08-Oct-2021 / 07:30 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Friday, October 8, 2021
RM plc
Director/PDMR Performance Share Plan Awards
In accordance with DTR 3.1.4 R(1)(a), RM plc announces that, on 07 October 2021, options were granted for nil consideration over the following numbers of ordinary shares of 2 2/7pence each in the Company under the RM Performance Share Plan 2019:
| Director/PDMR | Shares Comprised in Awards |
| Mark Berry | 120,000 |
The options are exercisable in the period 08 October 2024 to 07 October 2031 at an exercise price of £0.00 per share. It is anticipated that option exercises will be satisfied by the transfer of shares from the Company's employee benefit trust.
Vesting of the award and the receipt of shares will be based on the following criteria:
- One hundred percent (100%) of the award will be based on the Company's relative TSR performance for the period from 01 October 2021 to 30 September 2024. The Company's TSR performance shall be measured against the TSR performance of the companies ("Comparator Group") within the FTSE Small Cap (ex IT) Index over the above period and must be at least at the median of a ranking of the TSR of each of the members of the Comparator Group. Vesting will occur on a sliding scale between median (25%) and upper quartile (100%).
No award can vest before 08 October 2024.
Contact:
| RM plc | 08450 700300 |
| Mark Lágler Company Secretary |
Notes:
- The RM Performance Share Plan 2019 was approved by shareholders at the Company's AGM held on 27 March 2019.
| ISIN: | GB00BJT0FF39 |
| Category Code: | DSH |
| TIDM: | RM. |
| LEI Code: | 2138005RKUCIEKLXWM61 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 123859 |
| EQS News ID: | 1239298 |
| End of Announcement | EQS News Service |