TIDMXPS

RNS Number : 1166G

XPS Pensions Group PLC

14 July 2023

14 July 2023

XPS Pensions Group plc

(the "Company")

TRANSACTION BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

XPS announces that, on 14 July 2023 Paul Cuff, Co-Chief Executive Officer and person discharging managerial responsibilities (PDMR), transferred 768,450 shares of 0.05 pence each in the Company ("Ordinary Shares") to a nominee account. Paul Cuff, then sold 600,000 Ordinary Shares at a price of GBP1.86 per Ordinary Share, on 14 July 2023.

Additionally on 14 July 2023, Ben Bramhall, Co-Chief Executive Officer and person discharging managerial responsibilities ("PDMR"), sold 1,000,000 Ordinary Shares at a price of GBP1.86 per Ordinary Share.

Both Paul Cuff and Ben Bramhall have sold Ordinary Shares which they have held since the Company's listing on the London Stock Exchange in February 2017. Both Co-Chief Executive Officers continue to maintain material holdings in the Company. Paul Cuff retains 367,191 Ordinary Shares and Ben Bramhall retains 699,549 Ordinary Shares.

Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation.

 
 1.   Details of PDMR/person closely associated with them ('PCA') 
     ==================================================================== 
 a)   Name                           Paul Cuff 
===  =============================  ===================================== 
 b)   Position/status                Co-Chief Executive Officer / PDMR 
===  =============================  ===================================== 
 c)   Initial notification/          Initial notification 
       amendment 
===  =============================  ===================================== 
 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    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ===================================== 
 b)   Nature of the transaction     Transfer of shares from Mr Cuff to 
                                     a nominee account. The beneficial 
                                     ownership of the shares remained the 
                                     same. 
===  =============================  ===================================== 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       N/A        768,450 Ordinary 
                                                   Shares 
                                                 ----------------- 
===  =============================  ===================================== 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ===================================== 
 e)   Date of the transaction       14 July 2023 
       (settlement) 
===  =============================  ===================================== 
 f)   Place of the transaction       London Stock Exchange (XLON) 
===  =============================  ===================================== 
 
 
 1.   Details of PDMR/person closely associated with them ('PCA') 
     =================================================================== 
 a)   Name                           Paul Cuff 
===  =============================  ==================================== 
 b)   Position/status                Co-Chief Executive Officer / PDMR 
===  =============================  ==================================== 
 c)   Initial notification/          Initial notification 
       amendment 
===  =============================  ==================================== 
 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    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ==================================== 
 b)   Nature of the transaction     Sale of Ordinary Shares. 
===  =============================  ==================================== 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       1.86p      600,000 Ordinary 
                                                   Shares 
                                                 ----------------- 
===  =============================  ==================================== 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ==================================== 
 e)   Date of the transaction       14 July 2023 
       (settlement) 
===  =============================  ==================================== 
 f)   Place of the transaction       London Stock Exchange (XLON) 
===  =============================  ==================================== 
 
 
 1.   Details of PDMR/person closely associated with them ('PCA') 
     =================================================================== 
 a)   Name                           Benjamin Bramhall 
===  =============================  ==================================== 
 b)   Position/status                Co-Chief Executive Officer / PDMR 
===  =============================  ==================================== 
 c)   Initial notification/          Initial notification 
       amendment 
===  =============================  ==================================== 
 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    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ==================================== 
 b)   Nature of the transaction     Sale of Ordinary Shares. 
===  =============================  ==================================== 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       1.86p      1,000,000 Ordinary 
                                                   Shares 
                                                 ------------------- 
===  =============================  ==================================== 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ==================================== 
 e)   Date of the transaction       14 July 2023 
       (settlement) 
===  =============================  ==================================== 
 f)   Place of the transaction       London Stock Exchange (XLON) 
===  =============================  ==================================== 
 

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END

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July 14, 2023 11:45 ET (15:45 GMT)

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