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XPS PENSIONS GROUP PLC — Remuneration Information 2019
Jul 9, 2019
4967_dirs_2019-07-09_7754128e-2ed6-4586-9ea4-6d0b753cc195.html
Remuneration Information
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RNS Number : 9802E
XPS Pensions Group PLC
09 July 2019
9 July 2019
XPS Pensions Group plc
(the "Company")
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
XPS announces that, on 5 July 2019, Patrick McCoy, Head of Advisory and David Watkins, Managing Director of Administration, persons discharging managerial responsibilities ("PDMRs") were granted awards under the Company's Performance Share Plan ("PSP") as set out below.
The value of the awards was calculated by reference to the price of an ordinary share on 4 July 2019, being £1.08. The awards were made in the form of nominal-cost options which will generally become exercisable on the third anniversary of the date of grant, subject to the satisfaction of performance targets. The options would then be exercisable until the tenth anniversary of the date of grant, unless the exercise period is shortened in accordance with the PSP rules.
Further details are set out in the below notification, made in accordance with the requirements of the EU Market Abuse Regulation.
1.
Details of PDMR/person closely associated with them ('PCA')
a)
Name
Patrick McCoy
b)
Position/status
Head of Advisory / PDMR
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
XPS Pensions Group plc
b)
LEI
2138004Y8OBPJEAACJ11
3.
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 transaction(s) has been conducted
a)
Description of the financial instrument
Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b)
Nature of the transaction
Grant of award under the XPS Pensions Group plc Performance Share Plan, of Ordinary Share options which will vest on 4 July 2022.
c)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| 0.05p | 213,364 Ordinary Shares |
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
5 July 2019
f)
Place of the transaction
London Stock Exchange (XLON)
1.
Details of PDMR/person closely associated with them ('PCA')
a)
Name
David Watkins
b)
Position/status
Managing Director of Administration / PDMR
c)
Initial notification/
amendment
Initial notification
2.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
XPS Pensions Group plc
b)
LEI
2138004Y8OBPJEAACJ11
3.
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 transaction(s) has been conducted
a)
Description of the financial instrument
Ordinary shares of 0.05 pence each ("Ordinary Shares")
ISIN: GB00BDDN1T20
b)
Nature of the transaction
Grant of award under the XPS Pensions Group plc Performance Share Plan, of Ordinary Share options which will vest on 4 July 2022.
c)
Price(s) and
volume(s)
| Price(s) | Volume(s) |
| 0.05p | 116,129 Ordinary Shares |
d)
Aggregated information
Aggregated volume
Price
n/a (single transaction)
e)
Date of the transaction
5 July 2019
f)
Place of the transaction
London Stock Exchange (XLON)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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