Director/PDMR Shareholding

Genuit Group PLC
18 August 2023
 

Genuit Group plc (the "Company")

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

The Company announces that on 15 August 2023, Paul James, Chief Financial Officer and a Person Discharging Managerial Responsibilities, exercised a nil-cost option over a total of 2,406 shares (comprising 2,245 shares granted under the Award and 161 shares awarded at vesting in lieu of dividends paid during the vesting period) in accordance with the Deferred Share Bonus Plan Award granted to him on 22 June 2020, which vested on 22 June 2023. Mr. James sold sufficient shares to cover the appropriate tax and national insurance liabilities due on exercise.

 

Mr. James now holds an interest in a total of 72,832 shares.

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

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

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Paul James

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer/Director and PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Genuit Group plc

b)

 

LEI

 

 

2138005IF1N2RKJ6KO18

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 £0.001 each in the capital of Genuit Group plc

 

 

GB00BKRC5K31

 

b)

 

Nature of the transaction

 

 

Acquisition of Shares for no consideration pursuant  to the exercise of nil-cost options under the Deferred Share Bonus Plan ("DSBP") award granted on 22 June 2020.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil

 

1,269 - Number of DSBP shares acquired after reduction for appropriate tax and national insurance

liabilities.

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

e)

 

Date of the transaction

 

 

16 August 2023

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

Enquiries:

Emma Versluys, Group Legal Counsel and Company Secretary

 

+44 (0) 1138 315 315

 

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END
 
 

Companies

Genuit Group (GEN)
UK 100

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