Director/PDMR Shareholding

RNS Number : 8171U

Phoenix Group Holdings PLC

30 March 2023

 

PHOENIX GROUP HOLDINGS PLC ("Company")

NOTIFICATION OF TRANSACTION OF DIRECTOR AND PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")

The Company announces that on 29 March 2023, Quentin Zentner, General Counsel and Person Discharging Managerial Responsibilities "PDMR" exercised and sold their nil-cost options of ordinary shares of £0.10 each in the Company under the Deferred Bonus Share Scheme (DBSS) granted on 13 March 2020. 

DBSS

Vesting of these options was subject to a three-year holding period in respect of the deferred bonus for the 2019 financial year to 31 December 2022.  The options become exercisable for up to six- months with effect from 13 March 2023. 

Name	Title	Number of ordinary shares acquired of £0.10 each on exercise of options
Quentin Zentner	General Counsel	17,714

The exercised options were sold on 29 March 2023 at a price of 558 pence per share, Income Tax and National Insurance liabilities were paid on exercise.

Name	Title	Number of ordinary shares sold
Quentin Zentner	General Counsel	17,714

The Notification of Dealing Form can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Quentin Zentner
2	Reason for notification
a.	Position/Status	General Counsel/PDMR
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Phoenix Group Holdings plc
b.	LEI	2138001P49OLAEU33T68
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 Identification Code	ordinary shares of 10 pence each   GB00BGXQNP29
b.	Nature of the transaction	a)  Exercise of the Company's DBSS Award nil cost options b)  Sale of  the exercised DBSS Award options
c.	Price(s) and volume(s)	Price(s) a)  Nil Volume(s) 17,714 b)  558 pence 17,714
d.	Aggregated information - Aggregated Volume - Price	N/A
e.	Date of the transaction	29 March 2023
f.	Place of the transaction	London Stock Exchange

Enquiries:

Media Douglas Campbell Teneo [phone] Shellie Wells, Corporate Communications Director, Phoenix Group [phone]

Investors Claire Hawkins, Corporate Affairs Director, Phoenix Group [phone] Andrew Downey, Investor Relations Director, Phoenix Group [phone]

NOTE: Please email any major shareholding notifications under DTR 5.1.2 R to the Group Company Secretary ([e-mail]) copying in [e-mail] and [e-mail]

 

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