Director/PDMR Shareholding

RNS Number : 8444C

XPS Pensions Group PLC

13 October 2022

 

13 October 2022

XPS Pensions Group plc
(the "Company")

TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

XPS announces that, on 12 October 2022, Ben Bramhall (Co-Chief Executive Officer), Paul Cuff (Co-Chief Executive Officer) and Snehal Shah (Chief Financial Officer), all Directors and persons discharging managerial responsibilities ("PDMRs"), exercised nominal-cost options granted on 18 September 2019 under the Company's Performance Share Plan ("PSP") to acquire ordinary shares of 0.05 pence each in the Company ("Shares").

Following exercise, all Directors sold Shares to pay the related income tax and National Insurance contributions arising upon the acquisition of Shares.

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	Benjamin Bramhall
b)	Position/status	Co-Chief Executive Officer / 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	Acquisition of Ordinary Shares following the exercise of nominal-cost options granted under the XPS Pensions Group plc Performance Share Plan on 18 September 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.05p 156,521 Ordinary Shares
d)	Aggregated information Aggregated   volume Price	n/a (single transaction)
e)	Date of the transaction	12 October 2022
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Benjamin Bramhall
b)	Position/status	Co-Chief Executive Officer / 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	Disposal of Ordinary Shares acquired through option exercise.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.25p 75,820 Ordinary Shares
d)	Aggregated information Aggregated   volume Price	n/a (single transaction)
e)	Date of the transaction	12 October 2022
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Paul Cuff
b)	Position/status	Co-Chief Executive Officer / 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	Acquisition of Ordinary Shares following the exercise of nominal-cost options granted under the XPS Pensions Group plc Performance Share Plan on 18 September 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.05p 156,521 Ordinary Shares
d)	Aggregated information Aggregated   volume Price	n/a (single transaction)
e)	Date of the transaction	12 October 2022
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Paul Cuff
b)	Position/status	Co-Chief Executive Officer / 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	Disposal of Ordinary Shares to satisfy income tax and National Insurance contributions liability relating to option exercise.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.25p 75,820 Ordinary Shares
d)	Aggregated information Aggregated   volume Price	n/a (single transaction)
e)	Date of the transaction	12 October 2022
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Snehal Shah
b)	Position/status	Chief Financial Officer
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	Acquisition of Ordinary Shares following the exercise of nominal-cost options granted under the XPS Pensions Group plc Performance Share Plan on 18 September 2019.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.05p 129,619 Ordinary Shares
d)	Aggregated information Aggregated   volume Price	n/a (single transaction)
e)	Date of the transaction	12 October 2022
f)	Place of the transaction	n/a

1.	Details of PDMR/person closely associated with them ('PCA')
a)	Name	Snehal Shah
b)	Position/status	Chief Financial Officer
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	Disposal of Ordinary Shares to satisfy income tax and National Insurance contributions liability relating to option exercise.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.25p 62,789 Ordinary Shares
d)	Aggregated information Aggregated   volume Price	n/a (single transaction)
e)	Date of the transaction	12 October 2022
f)	Place of the transaction	n/a

 

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