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Trainline PLC (TRN)

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Thursday 30 June, 2022

Trainline PLC

Director/PDMR Shareholding

RNS Number : 8939Q
Trainline PLC
30 June 2022
 

30 June 2022

 

TRAINLINE PLC

(the "Company")

 

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

 

The Company announces that on 30 June 2022 the Executive Director noted below was 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 2025 based on the Company's cumulative earnings per share ("EPS"), average annual Revenue growth and relative total shareholder return ("TSR") weighted 25%; 25%; and 50% of the grant respectively as disclosed in the FY 2022 Annual Report. 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

 1,077,219

 

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, Jennifer Painter             [email protected]    

 

Brunswick Group

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

 

About Trainline 

Trainline ( www.trainline.com ) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one‐stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.



 

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

1,077,219

d)

Aggregated information
- Aggregated volume
- Price

Price

Aggregated Volume

N/A

N/A

e)

Date of the transaction

30 June 2022

f)

Place of the transaction

Outside a trading venue

 

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