Director/PDMR Shareholding

Wise PLC
20 July 2023
 

 NOTIFICATION DEALING WITH GRANT OF AWARDS UNDER THE WISE PLC LONG TERM INCENTIVE PLAN

 

Wise plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the UK Market Abuse Regulation.

On 19 July 2023 Wise plc (the "Company") announces that the following award over class A ordinary shares of £0.01 each ("Shares") were granted under the Wise plc Long Term Incentive Plan to a person discharging managerial responsibility ("PDMR").

PDMR

No. of shares under Award

Matthew Briers

422,133

The award will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the relative Total Shareholder Return and Volume Growth Performance Conditions set for the award are satisfied.

Details of the full notifications received by the Company are set out below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Briers

2

Reason for Notification

a)

Position/status

PDMR (CFO)

b)

Initial notification/Amendment

Initial Announcement

3

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

a)

Name

Wise plc

b)

LEI

213800LD9XCHIC1C4V71

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

Class A Ordinary Shares GBP 0.01 each

Identification code

GB00BL9YR756

b)

Nature of the transaction

Grant of a nil cost option award under the Wise PLC Long Term Incentive Plan. The award will ordinarily become exercisable three years from the date of grant, subject to continued service and to the extent to which the relative Total Shareholder Return and Volume Growth Performance Conditions are met and may be exercised for a period of ten years from the date of grant.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

422,133

d)

Aggregated information

-       Aggregated volume

-       Price

Not applicable - single transaction

e)

Date of the transaction

18 July 2023

f)

Place of the transaction

Outside a trading venue

 

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END
 
 
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