Director/PDMR Shareholding

Volution Group plc

15 October 2026

 

15 October 2026

Volution Group plc

Transactions under the Company’s Deferred Share Bonus Plan

and Long Term Incentive Plan

Volution Group plc (“Volution” or the “Company”, LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces transactions by Ronnie George, Chief Executive Officer, and Andy O’Brien, Chief Financial Officer, in connection with awards under the Company’s Deferred Share Bonus Plan (DSBP) and, in the case of Andy O’Brien, the Company’s Long Term Incentive Plan (LTIP).

Deferred Share Bonus Plan

Awards granted under the DSBP vested following the end of the applicable deferral period. The awards were not subject to performance conditions, and no consideration was payable on vesting or exercise. Ronnie George sold all the shares acquired, and Andy O’Brien sold sufficient shares to satisfy income tax, national insurance liabilities and dealing costs. The following table shows the number of awards that vested and were exercised, and the number of shares sold by Ronnie George and Andy O’Brien on 13 October 2026:

	Number of DSBP shares vesting 1	Number of shares sold	Price at which each share sold
Ronnie George, Chief Executive Officer	39,833	39,833	£6.50
Andy O’Brien, Chief Financial Officer	27,874	13,136	£6.50

Long Term Incentive Plan

Andy O’Brien exercised a nil-cost option under the LTIP on 13 October 2026 in respect of an award granted on 13 October 2021 which vested on 13 October 2024. He sold sufficient shares to satisfy income tax, national insurance liabilities and dealing costs, with the balance subsequently transferred for nil consideration to Rowenna O’Brien, his wife. Details of the LTIP transaction are set out below:

Name	Number of LTIP shares acquired2	Number of shares sold	Number of shares transferred	Price at which each share sold
Andy O’Brien, Chief Financial Officer	69,128	32,578	36,550	£6.42

Following the DSBP sale, Andy O’Brien transferred the remaining 14,738 shares for nil consideration to Rowenna O’Brien, his spouse, on 14 October 2026. Following the LTIP sale, he transferred the remaining 36,550 shares to Rowenna O’Brien for nil consideration on 14 October 2026.

1. In accordance with the rules of the DSBP, dividend equivalent shares in respect of the period between grant and vesting were added to the vested share award.

2. In accordance with the rules of the LTIP, additional shares equal in value to dividends paid during the period between grant and vesting were added to the vested share award.

The attached notifications, made pursuant to Article 19(3) of the UK Market Abuse Regulation, provide further details.

-ends-

Enquiries:

Volution Group plc

Fiona Smith, Company Secretary                             

Legal Entity Identifier: 213800EPT84EQCDHO768

For more information, please go to: www.volutiongroupplc.com

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	Ronnie George
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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 1 pence each ISIN: GB00BN3ZZ526
b)	Nature of the transaction	Exercise and sale of conditional share award under the Volution Deferred Share Bonus Plan (DSBP).
c)	Price(s) and volume(s)	DSBP: Price(s) Volume(s) Acquisition of shares on exercise of DSBP award. Sale of Shares. £Nil Sale price: £6.50 per share 39,833 39,833
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume: 39,833 Price: £Nil Sale Volume: 39,833 Sale Price: £6.50 per share
e)	Date of the transaction	13 October 2026
f)	Place of the transaction	Exercise of the conditional share award: Outside a trading venue (XOFF). Sale of shares: London Stock Exchange (XLON).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy O’Brien
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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 1 pence each ISIN: GB00BN3ZZ526
b)	Nature of the transaction	Exercise of a conditional share award under the Volution Deferred Share Bonus Plan (DSBP), sale of shares to cover tax liabilities and transfer of the remaining shares for nil consideration to Rowenna O’Brien, his spouse.
c)	Price(s) and volume(s)	DSBP: Price(s) Volume(s) Acquisition of shares on exercise of DSBP award. Sale of shares. Transfer of remaining shares to Rowenna O’Brien. £Nil £6.50 per share £Nil 27,874 13,136 14,738
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume: 27,874 Price: £Nil Sale Volume: 13,136 Price: £6.50 per share Transfer Volume: 14,738 Price: £Nil
e)	Date of the transaction	13 October 2026 (exercise and sale) and 14 October 2026 (transfer)
f)	Place of the transaction	Exercise and transfer of shares: Outside a trading venue (XOFF). Sale of shares: London Stock Exchange (XLON).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy O’Brien
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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 1 pence each ISIN: GB00BN3ZZ526
b)	Nature of the transaction	Exercise of a nil-cost option under the Volution Group plc Long Term Incentive Plan (LTIP), sale of shares to satisfy income tax, national insurance liabilities and dealing costs, and transfer of the remaining shares for nil consideration to Rowenna O’Brien, his spouse.
c)	Price(s) and volume(s)	LTIP: Price(s) Volume(s) Acquisition of shares on exercise of LTIP award. Sale of shares to satisfy income tax, national insurance liabilities and dealing costs. Transfer of remaining shares to Rowenna O’Brien. £Nil £6.42 per share £Nil 69,128 32,578 36,550
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Exercise Volume: 69,128 Price: £Nil Sale to cover income tax, national insurance liabilities and dealing costs Volume: 32,578 Price: £6.42 per share Transfer Volume: 36,550 Price: £Nil
e)	Date of the transaction	13 October 2026 (exercise and sale) and 14 October 2026 (transfer)
f)	Place of the transaction	Exercise and transfer of shares: Outside a trading venue (XOFF). Sale of shares: London Stock Exchange (XLON).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rowenna O’Brien
2	Reason for the notification
a)	Position/status	Person closely associated with Andy O’Brien, Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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 1 pence each ISIN: GB00BN3ZZ526
b)	Nature of the transaction	Acquisition of shares by transfer for nil consideration from Andy O’Brien, a person discharging managerial responsibilities.
c)	Price(s) and volume(s)	DSBP and LTIP: Price(s) Volume(s) Acquisition of shares by transfer from Andy O’Brien following the exercise of DSBP and LTIP awards. £Nil 51,288
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: Volume: 51,288 Price: £Nil
e)	Date of the transaction	14 October 2026
f)	Place of the transaction	Outside a trading venue

 

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