TP ICAP Group PLC

Director's Dealing • Mar 31, 2022

National Storage Mechanism | Additional information

RNS Number : 8521G

TP ICAP Group PLC

31 March 2022

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') or persons closely associated with them

TP ICAP Group plc (the "Company") hereby announces that on 29 and 30 March 2022 the following notifications were received relating to the vesting of awards granted on 29 March 2019 over ordinary shares of 25p each of the Company (the "Company Shares") under the rules of the TP ICAP plc Deferred Bonus Plan 2018 (the "Plan").

Following the vesting, a total of 290,541 Company Shares were released by the TP ICAP Employee Benefit Trust ("EBT") to the PDMRs named in the table below, who then elected to sell a number of shares to settle the income tax and national insurance ("NI") liabilities and dealing charges arising upon the vesting of the awards. The table sets out the number of Company Shares released to each PDMR, the number subsequently sold to discharge the income tax, NI liability and dealing charges incurred as a result of their awards vesting, and the number retained by each PDMR.

PDMR	Title	Company Shares Released	Company Shares sold to discharge tax and NI liabilities and dealing charges	Sale price per Company Share (£)	Company Shares Retained
Nicolas Breteau	Chief Executive Officer	152,582	71,894	1.474189	80,688
Philip Price	Group General Counsel	68,081	32,079	1.474189	36,002
Robin Stewart	Chief Financial Officer	69,878	32,926	1.474189	36,952

For further enquiries please contact Company Secretarial on +44 (0) 20 7200 7000.

The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nicolas Breteau

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

TP ICAP Group plc

b)

LEI

2138006YAA7IRVKKGE63

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

Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

JE00BMDZN391

b)

Nature of the transaction

Transfer of ordinary shares of 25p each in TP ICAP Group plc from the TP ICAP Employee Benefit Trust to the PDMR following the vesting of the TP ICAP plc Deferred Bonus Plan 2018 award.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	152,582

d)

Aggregated information

- Aggregated volume

- Price

152,582

£nil

e)

Date of the transaction

29/03/2022

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

JE00BMDZN391

b)

Nature of the transaction

Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of the TP ICAP plc Deferred Bonus Plan 2018 award.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.474189	71,894

d)

Aggregated information

- Aggregated volume

- Price

71,894

1.474189

e)

Date of the transaction

30/03/2022

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Price

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

TP ICAP Group plc

b)

LEI

2138006YAA7IRVKKGE63

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

Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

JE00BMDZN391

b)

Nature of the transaction

Transfer of ordinary shares of 25p each in TP ICAP Group plc from the TP ICAP Employee Benefit Trust to the PDMR following the vesting of the TP ICAP plc Deferred Bonus Plan 2018 award.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	68,081

d)

Aggregated information

- Aggregated volume

- Price

68,081

£nil

e)

Date of the transaction

29/03/2022

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

JE00BMDZN391

b)

Nature of the transaction

Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of the TP ICAP plc Deferred Bonus Plan 2018 award.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.474189	32,079

d)

Aggregated information

- Aggregated volume

- Price

32,079

1.474189

e)

Date of the transaction

30/03/2022

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robin Stewart

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

TP ICAP Group plc

b)

LEI

2138006YAA7IRVKKGE63

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

Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

JE00BMDZN391

b)

Nature of the transaction

Transfer of ordinary shares of 25p each in TP ICAP Group plc from the TP ICAP Employee Benefit Trust to the PDMR following the vesting of the TP ICAP plc Deferred Bonus Plan 2018 award.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	69,878

d)

Aggregated information

- Aggregated volume

- Price

69,878

£nil

e)

Date of the transaction

29/03/2022

f)

Place of the transaction

Outside a trading venue

Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 25p each

JE00BMDZN391

b)

Nature of the transaction

Sale of ordinary shares of 25p each in TP ICAP Group plc to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of the TP ICAP plc Deferred Bonus Plan 2018 award.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.474189	32,926

d)

Aggregated information

- Aggregated volume

- Price

32,926

1.474189

e)

Date of the transaction

30/03/2022

f)

Place of the transaction

London Stock Exchange

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