Director/PDMR Shareholding

Genuit Group PLC

10 April 2024

 

Genuit Group plc ('the Company')

Notification of Transactions by Persons Discharging Managerial Responsibilities

The Company announces that on 8 April 2024, an award under the Company's Deferred Share Bonus Plan ("DSBP") was granted over Ordinary Shares of £0.001 each in the Company ("Shares") as set out in the table below. The award was made in the form of a nil-cost option which is exercisable for 10 years from the date of grant, unless the exercise period is shortened in accordance with the DSBP rules.

Name	No. of Shares subject to DSBP	Exercise dates	Lapse date
Joe Vorih	42,904	08/04/2026 (50%) 08/04/2027 (50%)	08/04/2034
Tim Pullen	7,477	08/04/2026 (50%) 08/04/2027 (50%)	08/04/2034

One third of any bonus received by the Executive Directors is deferred into Shares under the DSBP, vesting equally over two and three years. An additional payment (in the form of cash or Shares) may be made in respect of Shares which vest under deferred awards to reflect the value of dividends which would have been paid on those Shares during the vesting period.

The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joe Vorih
2	Reason for the notification
a)	Position/status	Chief Executive Officer/Director and PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Genuit Group plc
b)	LEI	2138005IF1N2RKJ6KO18
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 £0.001 each in the capital of Genuit Group plc GB00BKRC5K31
b)	Nature of the transaction	Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 8 April 2024, vesting on 8 April 2026 (50%) and 8 April 2027 (50%), exercisable for 10 years from the date of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 42,904
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	8 April 2024
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Pullen
2	Reason for the notification
a)	Position/status	Chief Financial Officer/Director and PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Genuit Group plc
b)	LEI	2138005IF1N2RKJ6KO18
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 £0.001 each in the capital of Genuit Group plc GB00BKRC5K31
b)	Nature of the transaction	Grant of an award, structured as a nil cost option, under the Company's Deferred Share Bonus Plan, on 8 April 2024, vesting on 8 April 2026 (50%) and 8 April 2027 (50%), exercisable for 10 years from the date of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 7,477
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	8 April 2024
f)	Place of the transaction	Outside a Trading Venue

Contacts:

Emma Versluys
Group Legal Counsel and Company Secretary                     [phone]

 

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