Grant of Awards to CFO

RNS Number : 3746K
Wise PLC
20 December 2022
 

 NOTIFICATION DEALING WITH GRANT OF AWARDS UNDER THE WISE PLC LONG TERM INCENTIVE PLAN

 

Wise plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the UK Market Abuse Regulation.

On 20 December 2022 Wise plc (the "Company") announces that the following award over class A ordinary shares of £0.01 each ("Shares") were granted under the Wise plc Long Term Incentive Plan to a person discharging managerial responsibility ("PDMR").

PDMR

No. of shares under Award

Matthew Briers

340,767

The award will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the relative Total Shareholder Return and Volume Growth Performance Conditions set for the award are satisfied.

Details of the full notifications received by the Company are set out below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Briers

2

Reason for Notification

a)

Position/status

PDMR (CFO)

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Wise plc

b)

LEI

213800LD9XCHIC1C4V71

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

Class A Ordinary Shares GBP 0.01 each

Identification code

GB00BL9YR756

b)

Nature of the transaction

Grant of a nil cost option award under the Wise plc Long Term Incentive Plan. The award will ordinarily become exercisable three years from the date of grant, subject to continued service and to the extent to which the relative Total Shareholder Return and Volume Growth Performance Conditions are met and may be exercised for a period of ten years from the date of grant.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

340,767

d)

Aggregated information

Aggregated volume

Price

Not applicable - single transaction

e)

Date of the transaction

20 December 2022

f)

Place of the transaction

Outside a trading venue

 

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
 
 
DSHTMBFTMTMTBPT
UK 100

Latest directors dealings