Director/PDMR Shareholding

Phoenix Group Holdings PLC
02 April 2024
 

 

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc the Deferred Bonus Share Scheme (the "DBSS")

The Company has today been informed that on 28 March 2024, the following Persons Discharging Managerial Responsibilities "PDMRs" exercised their nil-cost options over ordinary shares of 10 pence each in the Company under the DBSS granted on 12 March 2021.

 

DBSS

 

Vesting of these options was subject to a three-year holding period in respect of the deferred bonus for the 2021 financial year to 31 December 2022.  The options become exercisable for up to six-months with effect from 12 March 2024. 

 

Name

Title

Number of ordinary shares acquired of 10 pence each on exercise of options

Andy Curran

CEO Savings & Retirement - UK & Europe

22,086

Claire Hawkins

Corporate Affairs & Investor Relations Director

13,402

 

In order to meet the Income Tax and Employee National Insurance liabilities arising on the exercise of the options, the below numbers of shares were sold on 28 March 2024:

 

Name

Title

Number of ordinary shares of 10 pence each sold for Tax/NIC purposes

Sale price per share

Andy Curran

CEO Savings & Retirement - UK & Europe

10,464

5.486

Claire Hawkins

Corporate Affairs & Investor Relations Director

6,350

5.469141

 

Notification and public disclosure of transactions by a person discharging managerial responsibilities and persons closely associated with them.

 

The Notification of Dealing Forms for each PDMR can be found below. This announcement is made in accordance with Article 19(3) of the UK Markets Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018). 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andy Curran

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO Savings & Retirement - UK & Europe

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

 

 

Phoenix Group Holdings plc ordinary shares of 10 pence

 

GB00BGXQNP29

b)

 

Nature of the transaction

 

Acquisition of shares pursuant to the exercise of options under the Company's DBSS and sale of shares to cover tax liabilities.

c)

 

Price(s) and volume(s)

 

 

 

Item

Price(s)

Volume(s)

Exercise of DBSS Options

nil

22,086

Sale of Shares

5.486

10,464

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A - single transaction.

 

e)

 

Date of the transaction

28 March 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Claire Hawkins

2

 

Reason for the notification

 

a)

 

Position/status

 

Corporate Affairs & Investor Relations Director

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

 

 

Phoenix Group Holdings plc ordinary shares of 10 pence

 

GB00BGXQNP29

b)

 

Nature of the transaction

 

Acquisition of shares pursuant to the exercise of options under the Company's DBSS and sale of shares to cover tax liabilities.

c)

 

Price(s) and volume(s)

 

 

 

Item

Price(s)

Volume(s)

Exercise of DBSS Options

nil

13,402

Sale of Shares

5.469141

6,350

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A  - single transaction

 

e)

 

Date of the transaction

28 March 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

Media
Douglas Campbell

Teneo

+44 (0)7753 136628

Shellie Wells, Corporate Communications Director, Phoenix Group

+44 (0) 204 559 3031 https://dw6uz0omxro53.cloudfront.net/2713725/b3134412-0196-48f2-a607-a194d8318c13.png

Investors
Claire Hawkins, Corporate Affairs Director, Phoenix Group
+44 (0) 204 559 3161 
https://dw6uz0omxro53.cloudfront.net/2713725/b3134412-0196-48f2-a607-a194d8318c13.png

Andrew Downey, Investor Relations Director, Phoenix Group

+44 (0) 204 559 3145 

 

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