Director/PDMR Shareholding

Ascential PLC

18 April 2024

 

                                                                                                                                           

18 April 2024

Ascential plc (the "Company")

Notification of transactions of persons discharging managerial responsibility

Grant of Awards under the Company's Performance Share Plan and Deferred Annual Bonus Plan.

On 18 April 2024 the Company's Executive Directors were granted conditional awards over ordinary shares under the Ascential plc Executive Performance Share Plan (the "PSP"). Mandy Gradden was also granted a conditional award over ordinary shares under the Executive Deferred Annual Bonus Plan ("DABP") as noted below:

Executive Director	Number of shares awarded under PSP	Number of shares awarded under DABP
Philip Thomas	369,662	Nil[1]
Mandy Gradden	278,480	75,310

PSP awards

Subject to the terms of the PSP, the awards will ordinarily vest on the third anniversary of the grant of the awards subject to the grantee's continued service and to the extent to which adjusted EPS, adjusted operating profit and revenue performance criteria are met over the three financial years to 31 December 2026.  The shares will also be subject to a further two-year holding period whereby the Executive Directors will be restricted from selling the shares which vest other than to settle any associated tax. 

DABP awards

Awards made under the DABP relate to the deferral of 50% of the 2023 bonus payable to Executive Directors into shares. Subject to the terms of the DABP, the awards will ordinarily vest on the third anniversary of the grant of the awards subject to the grantee's continued service. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Philip Thomas Mandy Gradden
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	Ascential plc
b)	LEI	213800VDXQDA7KD2IQ21
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
a)	Description of the financial instrument, type of instrument	Ordinary shares of 1p
	Identification code	BYM8GJ0
b)	Nature of the transaction	Grant of conditional awards under the Company's Performance Share Plan ("PSP") and the Executive Deferred Annual Bonus Plan ("DABP")
c)	Price(s) and volume(s)
		Phil Thomas: Price(s) Volume(s) 369,662 ("PSP") Mandy  Gradden: Price(s) Volume(s) 75,310  ("DABP") 278,480 ("PSP")
d)	Aggregated information
	- Aggregated volume	Philip Thomas - single transaction Mandy Gradden - 353,790
	- Price	Nil
e)	Date of the transaction	18 April 2024
f)	Place of the transaction	London

Contacts

Naomi Howden, Company Secretary

[phone]

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^[1]  Philip Thomas was appointed as an executive director of the Company on 2 January 2024 and was therefore not an executive director subject to the DABP in 2023

 

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