Director/PDMR Shareholding

Aptitude Software Group PLC

23 May 2023

 

APTITUDE SOFTWARE GROUP PLC

(the "Company" or the "Group")

Director/PDMR Shareholding

Aptitude Software Group plc announces that Performance Share Plan awards granted on 30 August 2018 to Philip Wood, Deputy Chief Executive Officer, were exercised on 19 May 2023.

The awards were subject to a three year performance period ended 31 December 2020 and a further two year holding period. The vesting rate of these awards was determined by the Remuneration Committee on 4 May 2021, as confirmed in the Group's Directors' Remuneration Report for the year ended 31 December 2021. The awards included an entitlement to receive dividend equivalent shares during the two year holding period.

Certain shares arising from the exercise of these awards have been sold by Philip Wood, as detailed below. Philip Wood's current shareholding has increased from 217,352 to 227,004, which represents 0.40% of the Company's total voting rights. As previously announced, Philip will be stepping down from the Board in July 2023.

Director and role	Performance Share Plan awards exercised	Dividend equivalent shares	Total number of awards exercised and sold
Philip Wood - Deputy Chief Executive Officer / PDMR	13,246	397	3,991

The issue of ordinary shares resulting from the exercise of these awards was satisfied through the transfer of shares from the Company's Employee Benefit Trust.

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	Philip Wood
2.	Reason for the notification
a)	Position/status	Director (Deputy 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	Aptitude Software Group plc
b)	LEI	2138009VHA1WI2VKMA28
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 7 1/3 pence each
b)	Identification code	ISIN: GB00BJV2F804
c)	Nature of the transaction	1.    Exercise of options under Performance Share Plan 2016, including dividend equivalent shares. 2.    Sale of shares following the exercise of options, including dividend equivalent shares.
d)	Price(s) and volume(s)	1.    Exercise of options: Exercise price per share Number of Ordinary Shares over which Options Exercised, including dividend equivalent shares £0.0643 13,643 2.    Sale of shares following exercise of options: Price per share Number of Ordinary Shares sold £3.65 3,876 £3.43 115
e)	Aggregated information -     Aggregate volume -     Price	1.    Exercise of options: n/a 2.    Sale of shares following exercise of options: Aggregate volume: 3,991 Price: £3.64
f)	Date of the transaction	1.    Exercise of options: 19 May 2023 2.    Sale of 3,991 shares following exercise of options: 22 May 2023
g)	Place of the transaction	1.    Outside a trading venue 2.    London Stock Exchange (XLON)
Name of authorised official of issuer responsible for making notification:		Georgina Sharley, Company Secretary, Aptitude Software Group plc

Contacts

Georgina Sharley Company Secretary             [phone]                                             

 

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