Director/PDMR Shareholding

XPS Pensions Group PLC

04 July 2024

 

4 July 2024

XPS Pensions Group plc
(the "Company")

TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

XPS announces that, on 1 July 2024, Patrick McCoy (Head of Advisory), David Watkins (Managing Director of Administration) and Ben Gold (Head of Investment), persons discharging managerial responsibilities ("PDMRs"), were granted awards under the Company's Performance Share Plan ("PSP") as set out below.

The value of the awards was calculated by reference to the price of an ordinary share on 28 June 2024 being £2.99. The awards were made in the form of nominal-cost options which will generally become exercisable on the third anniversary of the date of grant. The options would then be exercisable until the tenth anniversary of the date of grant, unless the exercise period is shortened in accordance with the PSP rules. 

Further details are set out in the below notification, made in accordance with the requirements of the UK Market Abuse Regulation. 

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Patrick McCoy
b)	Position/status	Head of Advisory / PDMR
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	XPS Pensions Group plc
b)	LEI	2138004Y8OBPJEAACJ11
3.	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 transaction(s) has been conducted
a)	Description of the financial  instrument	Ordinary shares of 0.05 pence each ("Ordinary Shares")  ISIN: GB00BDDN1T20
b)	Nature of the transaction	Grant of nominal-cost options over Ordinary Shares under the XPS Pensions Group plc Performance Share Plan, which will vest on 1 July 2027.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.05p 57,784 Ordinary Shares
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	1 July 2024
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	David Watkins
b)	Position/status	Managing Director of Administration / PDMR
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	XPS Pensions Group plc
b)	LEI	2138004Y8OBPJEAACJ11
3.	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 transaction(s) has been conducted
a)	Description of the financial instrument	Ordinary shares of 0.05 pence each ("Ordinary Shares")  ISIN: GB00BDDN1T20
b)	Nature of the transaction	Grant of nominal-cost options over Ordinary Shares under the XPS Pensions Group plc Performance Share Plan, which will vest on 1 July 2027.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.05p 45,756 Ordinary Shares
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	1 July 2024
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Ben Gold
b)	Position/status	Head of Investment / PDMR
c)	Initial notification/ amendment	Initial notification
2.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	XPS Pensions Group plc
b)	LEI	2138004Y8OBPJEAACJ11
3.	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 transaction(s) has been conducted
a)	Description of the financial  instrument	Ordinary shares of 0.05 pence each ("Ordinary Shares")  ISIN: GB00BDDN1T20
b)	Nature of the transaction	Grant of nominal-cost options over Ordinary Shares under the XPS Pensions Group plc Performance Share Plan, which will vest on 1 July 2027.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.05p 40,744 Ordinary Shares
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction	1 July 2024
f)	Place of the transaction	n/a

 

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