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Trainline PLC (TRN)

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Tuesday 01 June, 2021

Trainline PLC

Director/PDMR Shareholding

RNS Number : 4725A
Trainline PLC
01 June 2021
 

1 June 2021

 

TRAINLINE PLC

(the "Company")

 

Executive Director Performance Share Plan ("PSP") Grant Notification

 

The Company announces that on 1 June 2021 the Executive Directors noted below were granted awards under the Trainline plc Performance Share Plan in the form of Performance Share Units ("PSUs").

 

The PSUs will vest subject to stretching performance conditions over a 3-year period ending 28 February 2024 based on the Company's earnings per share ("EPS"), Revenue and relative total shareholder return ("TSR") weighted 25%; 25%; and 50% of the grant respectively. A two-year holding period will apply on vesting, during which vested shares may not be sold save to cover tax liabilities.

 

PDMR

Number of Shares under PSUs

Jody Ford, Chief Executive Officer

 490,470

Shaun McCabe, Chief Financial Officer

 341,196

 

The Notification of Dealing Form for the above grant may be found below. This notification is provided in accordance with the requirements of the UK Market Abuse Regulation.

 

Enquiries

For investor enquiries, Andrew Gillian   [email protected]  

For media enquiries, Victoria Biggs /   [email protected] / +44 7850 205490 

Simone Selzer     [email protected]   / +44 207 404 5959



 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jody Ford

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

Trainline plc

b)

LEI

213800HO26VXTFJ4MO71

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 £0.01 each

 

Identification code

GB00BKDTK925

b)

Nature of the transaction

Grant of performance share units over ordinary shares of Trainline plc

c)

Price(s) and volume(s)

Price

Volume

Nil

490,470

d)

Aggregated information
- Aggregated volume
- Price

Price

Aggregated Volume

N/A

N/A

e)

Date of the transaction

1 June 2021

f)

Place of the transaction

Outside a trading venue

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Shaun McCabe

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

Trainline plc

b)

LEI

213800HO26VXTFJ4MO71

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 £0.01 each

 

Identification code

GB00BKDTK925

b)

Nature of the transaction

Grant of performance share units over ordinary shares of Trainline plc

c)

Price(s) and volume(s)

Price

Volume

Nil

341,196

d)

Aggregated information
- Aggregated volume
- Price

Price

Aggregated Volume

N/A

N/A

e)

Date of the transaction

1 June 2021

f)

Place of the transaction

Outside a trading venue

 

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