PDMR Share Dealings and Vesting of LTIP Awards

Pebble Group PLC (The)
11 June 2024
 

 11 June 2024

 

THE PEBBLE GROUP PLC

("The Pebble Group", or the "Group")

AIM: PEBB, OTCQX: PEBBF

 

PDMR Share Dealings and

Vesting of Long Term Incentive Plan (LTIP) Awards

 

The Pebble Group, a leading provider of digital commerce, products and related services to the global promotional products industry, announces the exercise of 40,131 nil cost options ("Options") and the vesting of 44,233 Conditional Share Awards under the Pebble Group plc Long Term Incentive Plan ("LTIP") on 10 June 2024.

 

Included in the participants of the Conditional Share Awards vesting was a PDMR who, concurrent with the vesting, also sold 5,676 Ordinary Shares of 1 pence each ("Ordinary Shares").

 

Participant

Position

Ordinary Shares from Conditional Share Award

Ordinary Shares sold

Resultant holding in Ordinary Shares

% of issued share capital of the Group

Karl Whiteside

Group Managing Director, Brand Addition

15,828

5,676

863,972

 

0.52%

 

The exercise of nil cost Options and the vesting of Conditional Share Awards under the LTIP, including by one Group PDMR, has been satisfied through the allocation of existing Ordinary Shares held by The Pebble Group Employee Benefit Trust ("EBT"). As such, no new Ordinary Shares have been issued in connection with the Option exercises or the Conditional Share Awards.

 

Following settlement of these transactions, the EBT will hold a total of 266,880 Ordinary Shares representing 0.16 per cent of the Group's total voting rights.

 

The notifications below, provided in accordance with the requirements of the UK Market Abuse Regulation, provide further details.

 

 Enquiries:

 

The Pebble Group

Chris Lee, Chief Executive Officer

Claire Thomson, Chief Financial Officer

+44 (0) 750 012 4121

Temple Bar Advisory (Financial PR)

Alex Child-Villiers / Alistair de Kare-Silver / Sam Livingstone

+44 (0) 207 183 1190

pebble@templebaradvisory.com

 

 

 

Grant Thornton UK LLP (Nominated Adviser)

Samantha Harrison / Harrison Clarke / Ciara Donnelly / Elliot Peters

+44 (0) 207 184 4384

Berenberg (Corporate Broker)

Ben Wright / Mark Whitmore / Richard Andrews

+44 (0) 203 207 7800

 

 

 

 

 

About The Pebble Group plc-- www.thepebblegroup.com

 

The Pebble Group is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, Facilisgroup and Brand Addition, focused on specific areas of the promotional products market. For further information, please visit www.thepebblegroup.com.

 

 

The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014: 

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Karl Whiteside

 

 

2

Reason for the notification

(a)

Position/status

Group Managing Director, Brand Addition

 

 

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

The Pebble Group plc

(b)

LEI

213800LZUQAYBHDEQY04

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 1 pence each

ISIN GB00BK71XP16

PEBB.L

 

(b)

Nature of the transaction

Vesting of Conditional share awards pursuant to The Pebble Group plc Long Term Incentive Plan

(c)

Price(s) and volume(s)

                                                                                   

 

 


Price(s)

Volume(s)

1

 

NIL

 

 

15,828

(d)

Aggregated information

-         Aggregated volume

-         Price

N/A

(e)

Date of the transaction

10 June 2024

(f)

Place of the transaction

XLON

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Karl Whiteside

 

2

Reason for the notification

(a)

Position/status

Group Managing Director, Brand Addition

 

 

 

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

The Pebble Group plc

(b)

LEI

213800LZUQAYBHDEQY04

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 1 pence each

ISIN GB00BK71XP16

PEBB.L

 

(b)

Nature of the transaction

Sale of Ordinary Shares

(c)

Price(s) and volume(s)

                                                                                    

 

 


Price(s)

Volume(s)

1

 

 

0.53

 

5,676

 

(d)

Aggregated information

-         Aggregated volume

-         Price

N/A

(e)

Date of the transaction

10 June 2024

(f)

Place of the transaction

XLON

 

 

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