Director/PDMR Shareholding

Future PLC

15 December 2025

 

Date: 15 December 2025

Future plc

(the "Company")

Director/PDMR holding

Performance Share Plan ("PSP") - Awards of Performance Shares ("PSUs") and Restricted Stock Units ("RSUs")

On 11 December 2025, awards were made of the following nil-cost options over Ordinary Shares of 15p each in the Company ("Shares") under the terms of the Future plc 2023 Performance Share Plan ("PSP"). These awards will normally vest on the third anniversary of grant.

The vesting of PSUs is subject to performance conditions (as set out on page 106 of the Company's Annual Report & Accounts for FY 2025).  The award of RSUs is subject to the resolution to approve the new Directors' Remuneration Policy being passed at the Company's 2026 AGM.  Unless so passed, the RSUs shall lapse in full.

The awards are made in accordance with the provisions of the Company's approved Directors' Remuneration Policy and, as noted in the previous paragraph in respect of the RSUs, subject to the approval of the new Directors' Remuneration Policy.  A holding period applies to the Executive Directors from the vesting date in respect of any Shares which vest under this award. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Li Ying
2	Reason for the notification
a)	Position/status	Chief Executive Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future plc
b)	LEI	213800K2581YRLEXV353
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
		Ordinary shares of 15p each
	Identification code	GB00BYZN9041
b)	Nature of the transaction	Grant of nil cost options (PSUs) over Future plc Shares under the PSP. The award will vest on the third anniversary of the date of grant, subject to conditions including the performance conditions relating to the Company's Relative TSR and Adjusted Diluted EPS measured as at 30 September 2028, as set out on page 106 of the Company's Annual Report & Accounts for FY2025.  The number of PSUs below reflects the maximum number that can vest for performance.  The target number of PSUs that can vest for performance is 50 percent of that number.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	105,433
d)	Aggregated information	N/A (single transaction)
	- Aggregated volume
	- Price
e)	Date of the transaction	11 December 2025
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Li Ying
2	Reason for the notification
a)	Position/status	Chief Executive Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future plc
b)	LEI	213800K2581YRLEXV353
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
		Ordinary shares of 15p each
	Identification code	GB00BYZN9041
b)	Nature of the transaction	Grant of nil cost options (RSUs) over Future plc Shares under the PSP. The award will vest on the third anniversary of the date of grant, subject to conditions, including a discretionary underpin, and to the resolution to approve the new Directors' Remuneration Policy being passed at the Company's 2026 AGM.  Unless so passed, the RSUs shall lapse in full.  Details of the RSUs are set out on page 106 of the Company's Annual Report & Accounts for FY2025.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	52,716
d)	Aggregated information	N/A (single transaction)
	- Aggregated volume
	- Price
e)	Date of the transaction	11 December 2025
f)	Place of the transaction	London

Enquiries:

David Bateson

General Counsel and Company Secretary

Future plc

Tel: [phone]

About Future

We are the platform for creating and distributing trusted, specialist content, to build engaged and valuable global communities. We operate ~175 brands in diversified content verticals, with multiple market leading positions and three core monetisation frameworks: advertising, eCommerce affiliate and direct consumer monetisation (subscriptions and newstrade magazine sale). Our content is published and distributed through a range of formats including websites, email newsletters, videos, magazines and live events. The successful execution of our strategy is focused on three pillars: grow engaged audience, diversify and grow revenue per user and optimise the portfolio.

 

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