Director/PDMR Shareholding

XPS Pensions Group PLC

14 July 2023

 

14 July 2023

XPS Pensions Group plc
(the "Company")

TRANSACTION BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

XPS announces that, on 14 July 2023 Paul Cuff, Co-Chief Executive Officer and person discharging managerial responsibilities (PDMR), transferred 768,450 shares of 0.05 pence each in the Company ("Ordinary Shares") to a nominee account. Paul Cuff, then sold 600,000 Ordinary Shares at a price of £1.86 per Ordinary Share, on 14 July 2023.

Additionally on 14 July 2023, Ben Bramhall, Co-Chief Executive Officer and person discharging managerial responsibilities ("PDMR"), sold 1,000,000 Ordinary Shares at a price of £1.86 per Ordinary Share.

Both Paul Cuff and Ben Bramhall have sold Ordinary Shares which they have held since the Company's listing on the London Stock Exchange in February 2017. Both Co-Chief Executive Officers continue to maintain material holdings in the Company. Paul Cuff retains 367,191 Ordinary Shares and Ben Bramhall retains 699,549 Ordinary 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	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	Transfer of shares from Mr Cuff to a nominee account. The beneficial ownership of the shares remained the same.
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 768,450 Ordinary Shares
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction (settlement)	14 July 2023
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	Sale of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.86p 600,000 Ordinary Shares
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction (settlement)	14 July 2023
f)	Place of the transaction	London Stock Exchange (XLON)

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	Sale of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.86p 1,000,000 Ordinary Shares
d)	Aggregated information Aggregated volume Price	n/a (single transaction)
e)	Date of the transaction (settlement)	14 July 2023
f)	Place of the transaction	London Stock Exchange (XLON)

 

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