Director/PDMR Shareholding

XPS Pensions Group PLC
11 July 2024
 

A black background with grey letters Description automatically generated

11 July 2024

XPS Pensions Group plc
(the "Company")

 

TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

XPS announces that, on 10 July 2024, David Watkins (Head of Administration) and Patrick McCoy (Head of Advisory), both persons discharging managerial responsibilities ("PDMRs"), exercised nominal-cost options granted on 1 July 2021 under the Company's Performance Share Plan ("PSP") to acquire ordinary shares of 0.05 pence each in the Company ("Ordinary Shares").

 

Following exercise, David Watkins sold Ordinary Shares to pay the related income tax and National Insurance contributions arising upon the acquisition of Ordinary Shares. Patrick McCoy sold all Ordinary Shares that he received upon exercise.

 

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

 David Watkins

b)

Position/status

 Head 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

Acquisition of Ordinary Shares following the exercise of nominal-cost options granted under the XPS Pensions Group plc Performance Share Plan on 1 July 2021.

c)

Price(s) and

volume(s)

Price(s)

Volume(s)

0.05p

76,087 Ordinary Shares

  

 

d)

Aggregated information

 

Aggregated volume

Price

n/a (single transaction)

 

e)

Date of the transaction

10 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

 Head 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

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)

314.72p

35,894 Ordinary Shares

  

 

d)

Aggregated information

 

Aggregated volume

Price

n/a (single transaction)

 

e)

Date of the transaction

10 July 2024

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

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

Acquisition of Ordinary Shares following the exercise of nominal-cost options granted under the XPS Pensions Group plc Performance Share Plan on 1 July 2021.

c)

Price(s) and

volume(s)

Price(s)

Volume(s)

0.05p

94,043 Ordinary Shares

  

 

d)

Aggregated information

 

Aggregated volume

Price

n/a (single transaction)

 

e)

Date of the transaction

10 July 2024

f)

Place of the transaction

 

n/a

 

 

 

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

Disposal of Ordinary Shares received as a result of option exercise.

c)

Price(s) and

volume(s)

Price(s)

Volume(s)

314.72p

94,043 Ordinary Shares

  

 

d)

Aggregated information

 

Aggregated volume

Price

n/a (single transaction)

 

e)

Date of the transaction

10 July 2024

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

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END
 
 
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