XPS Pensions Group PLC Director/PDMR Shareholding - Amendment (6472G)
27 Julio 2021 - 8:42AM
UK Regulatory
TIDMXPS
RNS Number : 6472G
XPS Pensions Group PLC
27 July 2021
27 July 2021
XPS Pensions Group plc
(the "Company")
TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES - AMMENT
The following amendment has been made to the 'Director/PDMR
Shareholding' announcement released on 2 July 2021 at 16:38 under
RNS No 0713E:
Volume of Ordinary Shares awarded to Snehal Shah (Chief
Financial Officer)
All other details remain unchanged.
The full amended text is shown below.
XPS announces that, on 1 July 2021, Ben Bramhall (Co-Chief
Executive Officer), Paul Cuff (Co-Chief Executive Officer) and
Snehal Shah (Chief Financial Officer), all Directors and 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 30 June 2021, being GBP1.38. 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 the following performance targets:
(1) 75% of the awards are subject to an Earnings Per Share (EPS)
growth target whereby 25% vests for compounded annual growth (CAG)
of 3% above CPI and 100% vests for CAG of 7% above CPI (with
vesting on a straight-line basis for performance between 3% and 7%
CAG and no vesting for performance below 3% CAG); and (2) 25% of
the awards are subject to a relative Total Shareholder Return (TSR)
target whereby 25% vests for median ranking and 100% vests for
upper quartile ranking (with vesting on a straight-line basis for
performance between median and upper quartile ranking and no
vesting for a ranking below median). The TSR Comparator Group
consists of the constituents of the FTSE Small Cap Index (excluding
investment trusts).
Once vested, the options will 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 UK Market Abuse
Regulation.
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 Grant of nominal-cost option over
Ordinary Shares under the XPS Pensions
Group plc Performance Share Plan,
which will vest on 1 July 2024, subject
to the satisfaction of performance
conditions.
=== ============================= ========================================
c) Price(s) and Price(s) Volume(s)
volume(s) 0.05p 341,217 Ordinary
Shares
-----------------
=== ============================= ========================================
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
=== ============================= ========================================
e) Date of the transaction 1 July 2021
=== ============================= ========================================
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 Grant of nominal-cost option over
Ordinary Shares under the XPS Pensions
Group plc Performance Share Plan,
which will vest on 1 July 2024, subject
to the satisfaction of performance
conditions.
=== ============================= ========================================
c) Price(s) and Price(s) Volume(s)
volume(s) 0.05p 341,217 Ordinary
Shares
-----------------
=== ============================= ========================================
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
=== ============================= ========================================
e) Date of the transaction 1 July 2021
=== ============================= ========================================
f) Place of the transaction London Stock Exchange (XLON)
=== ============================= ========================================
1. Details of PDMR/person closely associated with them ('PCA')
=======================================================================
a) Name Snehal Shah
=== ============================= ========================================
b) Position/status Chief Financial 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 Grant of nominal-cost option over
Ordinary Shares under the XPS Pensions
Group plc Performance Share Plan,
which will vest on 1 July 2024, subject
to the satisfaction of performance
conditions.
=== ============================= ========================================
c) Price(s) and Price(s) Volume(s)
volume(s) 0.05p 240,181 Ordinary
Shares
-----------------
=== ============================= ========================================
d) Aggregated information n/a (single transaction)
Aggregated volume
Price
=== ============================= ========================================
e) Date of the transaction 1 July 2021
=== ============================= ========================================
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBXGDRIXDDGBR
(END) Dow Jones Newswires
July 27, 2021 09:42 ET (13:42 GMT)
Xps Pensions (LSE:XPS)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Xps Pensions (LSE:XPS)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
