Director/PDMR Shareholding

RNS Number : 1678P

Dr. Martens PLC

16 June 2022

 

Director/PDMR Shareholding

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility

Dr. Martens plc (the "Company") announces that on 15 June 2022 the following directors / persons discharging managerial responsibility ('PDMRs') were granted Performance Share Awards (the "Awards") over ordinary shares of the Company pursuant to the rules of the Company's Long Term Incentive Plan (the "LTIP").

PDMR	Number of Shares
Kenny Wilson	756,082
Jon Mortimore	486,052

As disclosed in the Company's 2022 Annual Report, the Awards will vest subject to the achievement of challenging earnings per share (67% weighting) and relative total shareholder return (33% weighting) targets over three years and, on vesting, will be subject to a further two-year holding period.

No consideration was paid for the grant of the Awards and no price is payable on the exercise of the Awards.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kenny Wilson
2	Reason for the notification
a)	Position/status	PDMR (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	Dr. Martens plc
b)	LEI	213800QPT8YM6NQZPH28
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 GBP 0.01 ISIN: GB00BL6NGV24
b)	Nature of the transaction	Grant of performance share award under the Dr. Martens Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 756,082 shares
d)	Aggregated information - Aggregated volume - Price	756,082 shares £0
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jon Mortimore
2	Reason for the notification
a)	Position/status	PDMR (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	Dr. Martens plc
b)	LEI	213800QPT8YM6NQZPH28
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 GBP 0.01 ISIN: GB00BL6NGV24
b)	Nature of the transaction	Grant of performance share award under the Dr. Martens Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 486,052 shares
d)	Aggregated information - Aggregated volume - Price	486,052 shares £0
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

 

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