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Naked Wines PLC (WINE)

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Wednesday 16 December, 2020

Naked Wines PLC

Issue of shares under existing term Incentive Plan

RNS Number : 7777I
Naked Wines PLC
16 December 2020
 

Naked Wines plc

 

For Immediate Release

16 December 2020

 

 

 

Naked Wines plc

(the "Company")

 

Issue of shares under existing Long Term Incentive Plan
Director/PDMR Shareholdings

The Board of Naked Wines plc are pleased to announce that the performance conditions relating to the   conditional share award granted under the Company's   Long Term Incentive Plan ("LTIP") to certain employees of the Company in December 2017 were partly met. As a result, 23,039 new ordinary shares of 7.5p each in the Company ("Ordinary Shares") have been issued to certain employees of the Company through an Employee Benefit Trust.

The below Person Discharging Managerial Responsibilities ("PDMR") are included in the members of the management team being issued shares under the LTIP and have notified the Company of the following transactions, to cover tax and national insurance liabilities: 

Name

Title

Total Number of Ordinary Shares issued under LTIP

Number of Ordinary Shares sold to cover tax liabilities

Sale price per Ordinary Share

Total Number of Ordinary Shares held*

Nicholas Devlin

Chief Executive Officer
Naked Wines plc

15,335

5,701

 

£6.17

82,364

* Including persons closely associated

 

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

DIRECTOR/PDMR SHAREHOLDING

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Nicholas Devlin

 

2

Reason for the notification

 

a)

Position/status

 

Chief Executive Officer
Naked Wines plc 

 

b)

Initial notification/ Amendment

 

Initial Notification

 

3

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

 

a)

Name

 

Naked Wines plc

 

b)

LEI

 

213800IYPFIRRQQE9R62

 

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 7.5p

 
GB00B021F836

b)

Nature of the transaction

 

1)  Vesting of share awards under the Company's LTIP

2)  Sale of Ordinary Shares to meet tax and National Insurance liabilities

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1) Nil

1) Shares awarded: 15,335

2) £6.17

2) Shares sold: 5,701

 

d)

Aggregated information

-  Aggregated volume

 

-  Price

 

n/a

 

 

e)

Date of the transaction

 

15 December 2020

f)

Place of the transaction

 

London Stock Exchange (XLON); AIM Market

 

 

For further information, please contact:

Naked Wines plc

Nick Devlin, Chief Executive Officer

Shawn Tabak, Chief Financial Officer

 

[email protected]

Investec
(NOMAD & Joint Corporate Broker)

David Flin / Carlton Nelson

 

Tel: 0207 597 5970

Jefferies International Limited
(Joint Corporate Broker)

Ed Matthews / Harry Clements

 

Tel: 0207 029 8000

Instinctif Partners (PR Agency)

Damian Reece / Guy Scarborough

Tel: 0207 457 2020 or 07917 178 920

 

 

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