Director/PDMR Shareholding

RNS Number : 0610K

Future PLC

19 December 2022

 

The Remuneration Policy sets out that the shareholding requirements for Executive Directors of Future plc is 400% of salary for the CEO and 300% of salary for the CFSO. After the transactions set out below the shareholding are:

CEO - 1,130% (including vested but not yet exercised awards)

CFSO - 685%  (including vested but not yet exercised awards)

As a result, CEO and CFSO current holdings remain materially above shareholding requirements.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Zillah Byng-Thorne
2	Reason for the notification
a)	Position/status	Chief Executive Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future plc
b)	LEI	213800K2581YRLEXV353
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 15p each
	Identification code	GB00BYZN9041
b)	Nature of the transaction	Exercise and sale of 2017 Performance Share Plan award over 4,345 shares, 2019 Deferred Annual Bonus award over 25,194 shares and 2020 Deferred Annual Bonus award over 27,111 shares and sale in the market of a further 8,352 shares.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£12.457375 £12.64	56,650   8,352
d)	Aggregated information
	- Aggregated volume	65,002
	- Price	£ 12.55
e)	Date of the transaction	15 December 2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Penny Ladkin-Brand
2	Reason for the notification
a)	Position/status	Chief Financial and Strategy Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future plc
b)	LEI	213800K2581YRLEXV353
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 15p each
	Identification code	GB00BYZN9041
b)	Nature of the transaction	Sale in the market
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£ 12.75	64,000
d)	Aggregated information
	- Aggregated volume	64,000
	- Price	£816,000
e)	Date of the transaction	14 December 2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Max Thorne
2	Reason for the notification
a)	Position/status	PCA of Zillah Byng-Thorne, Chief Executive Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future plc
b)	LEI	213800K2581YRLEXV353
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 15p each
	Identification code	GB00BYZN9041
b)	Nature of the transaction	Sale in the market
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£12.74	2,100
d)	Aggregated information
	- Aggregated volume	2,100
	- Price	£12.74
e)	Date of the transaction	15 December 2022
f)	Place of the transaction	London Stock Exchange

 

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