Grant of Awards to CFO

RNS Number : 3746K

Wise PLC

20 December 2022

 

 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 20 December 2022 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	340,767

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 340,767
d)	Aggregated information -  Aggregated volume -  Price	Not applicable - single transaction
e)	Date of the transaction	20 December 2022
f)	Place of the transaction	Outside a trading venue

 

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