GRANTS UNDER THE RASPBERRY PI 2024 LTIP

Raspberry Pi Holdings PLC

17 June 2024

 

17 June 2024

Raspberry Pi Holdings plc

("Raspberry Pi" or "the Company")

LEI: 984500F5FB0E4FEBED17

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRS") AND PERSONS CLOSELY ASSOCIATED WITH THEM

GRANTS UNDER THE RASPBERRY PI 2024 LONG TERM INCENTIVE PLAN ("LTIP")

The Company announces that on 11 June 2024 the following PDMRS were granted awards under the Company's LTIP. Details of the awards are set out below.

The awards were granted in the form of market value options and nil-cost options and will vest, subject to continued employment, on the third anniversary of the grant date. No consideration was paid for any of the awards. The following amounts are payable upon exercise of the awards:

1)    market value options, a per share exercise price of £2.80;

2)    nil-cost options, no consideration.

Summary of awards

Director / PDMR	Number of shares in market value option
Eben Upton	529,512
Richard Boult	540,267
Michael Buffham	132,434
Gordon Hollingworth	264,868
James Adams	264,868

PDMR	Number of shares in nil-cost option
Carol Copland	253,773

Announcement authorised for release by Carol Copland, Company Secretary.

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Eben Upton
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Raspberry Pi Holdings plc
b)	LEI	984500F5FB0E4FEBED17
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 £0.0025 ISIN: GB00BS3DYQ52
b)	Nature of transaction	Grant under the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil-consideration 529,512
d)	Aggregated information -      Aggregated volume -      Price	529,512 Nil-consideration
e)	Date of the transaction	11 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Boult
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Raspberry Pi Holdings plc
b)	LEI	984500F5FB0E4FEBED17
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 £0.0025 ISIN: GB00BS3DYQ52
b)	Nature of transaction	Grant in relation to the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil-consideration 540,267
d)	Aggregated information -      Aggregated volume -      Price	540,267 Nil-consideration
e)	Date of the transaction	11 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Buffham
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Raspberry Pi Holdings plc
b)	LEI	984500F5FB0E4FEBED17
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 £0.0025 ISIN: GB00BS3DYQ52
b)	Nature of transaction	Grant in relation to the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil-consideration 132,434
d)	Aggregated information -      Aggregated volume -      Price	132,434 Nil-consideration
e)	Date of the transaction	11 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gordon Hollingworth
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Raspberry Pi Holdings plc
b)	LEI	984500F5FB0E4FEBED17
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 £0.0025 ISIN: GB00BS3DYQ52
b)	Nature of transaction	Grant in relation to the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil-consideration 264,868
d)	Aggregated information -      Aggregated volume -      Price	264,868 Nil-consideration
e)	Date of the transaction	11 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Adams
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Raspberry Pi Holdings plc
b)	LEI	984500F5FB0E4FEBED17
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 £0.0025 ISIN: GB00BS3DYQ52
b)	Nature of transaction	Grant in relation to the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil-consideration 264,868
d)	Aggregated information -      Aggregated volume -      Price	264,868 Nil-consideration
e)	Date of the transaction	11 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Carol Copland
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Raspberry Pi Holdings plc
b)	LEI	984500F5FB0E4FEBED17
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 £0.0025 ISIN: GB00BS3DYQ52
b)	Nature of transaction	Grant in relation to the LTIP
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil-consideration 253,773
d)	Aggregated information -      Aggregated volume -      Price	253,773 Nil-consideration
e)	Date of the transaction	11 June 2024
f)	Place of the transaction	Outside a trading venue

For more information, please contact:

Alma Strategic Communications (Public Relations adviser to Raspberry Pi)	T: [phone]
Josh Royston, Andy Bryant, Caroline Forde, Hannah Campbel	[e-mail]
Joint Global Co-ordinators, Joint Sponsors and Joint Bookrunners
Jefferies International Limited	T:  [phone]
Sam Dean, Sam Barnett, Nandan Shinkre, Aditi Venkatram
Peel Hunt LLP	T:  [phone]
Neil Patel, Kate Bannatyne, Sohail Akbar, Jock Maxwell Macdonald

 

END