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Genus (GNS)

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Friday 25 September, 2020

Genus

Director/PDMR Shareholding

RNS Number : 2097A
Genus PLC
25 September 2020
 

25 September 2020

 

Genus plc

 

Director/PDMR Shareholding

 

Genus plc (LSE: GNS) announces that, further to the vesting on 14 September 2020 of conditional nil-cost options granted in 2017 under the Genus 2014 Performance Share Plan (the 'PSP') and conditional nil-cost options granted in 2017 under the Genus Deferred Share Bonus Plan (the 'DSBP'), members of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus as follows:

 

· Nate Zwald, Chief Operating Officer Genus ABS Dairy, sold ordinary shares in Genus on 23 September 2020 on the London Stock Exchange ('LSE'), to offset income tax and social security liabilities due on the exercises and retained the balance of ordinary shares, as listed in Table A and Table B;

· Bill Christianson, Chief Operating Officer Genus PIC, sold ordinary shares in Genus on 25 September 2020 on the LSE, to offset income tax and social security liabilities due on the exercises and retained the balance of ordinary shares, as listed in Table C and Table D.

 

Genus further announces that, Stephen Wilson, Chief Executive Officer, and Dan Hartley, Group General Counsel & Company Secretary, completed their sales of shares to offset income tax and social security liabilities due on their exercise of options on 21 September 2020,  as listed in Table E.

 

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail on the number of nil-cost options exercised and ordinary shares sold on 23 and 25 September 2020.

 

For further information please contact:

 

Genus:

Cara Crichton, Deputy Company Secretary  Tel: +44 (0)1256 347100

 

 

 

Table A - GELT 2014 Performance Share Plan Exercise

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Nate Zwald

2. 

Reason for the notification

a. 

Position/status

Chief Operating Officer Genus ABS Dairy

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Genus plc

b. 

LEI

54930022EOITNKSIGH56

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b. 

Nature of the transaction

Exercise of nil-cost options under the PSP.

c. 

Price(s) and volume(s)

 

Price(s)

Volume(s)

0p

8,379

 

d. 

Aggregated information

· Aggregated volume

· Price

 

Price(s)

Volume(s)

0p

8,379

 

 

 

e. 

Date of the transaction

2020-09- 23

f. 

Place of the transaction

Outside a trading venue.

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b.

Nature of the transaction

Sale of shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise.

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

3,830p

3,272

 

d.

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

3,830p

3,272

e.

Date of the transaction

2020-09- 23

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Table B - GELT Deferred Share Bonus Plan Exercise

1. 

Details of the person discharging managerial responsibilities / person closely associated

a

a.

Name

Nate Zwald

2. 

Reason for the notification

a. 

Position/status

Chief Operating Officer Genus ABS Dairy

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Genus plc

b. 

LEI

54930022EOITNKSIGH56

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b. 

Nature of the transaction

Exercise of nil-cost options under the DSBP.

c. 

Price(s) and volume(s)

 

Price(s)

Volume(s)

0p

557

 

d. 

Aggregated information

· Aggregated volume

· Price

 

Price(s)

Volume(s)

0p

557

 

 

 

e. 

Date of the transaction

2020-09- 23

f. 

Place of the transaction

Outside a trading venue.

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b.

Nature of the transaction

Sale of shares arising from the exercise of nil-cost options under the DSBP to offset income tax and social security liabilities due on the exercise.

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

3,830p

218

 

d.

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

3,830p

218

e.

Date of the transaction

2020-09- 23

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Table C - GELT 2014 Performance Share Plan Exercise

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Bill Christianson

2. 

Reason for the notification

a. 

Position/status

Chief Operating Officer Genus PIC

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Genus plc

b. 

LEI

54930022EOITNKSIGH56

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b. 

Nature of the transaction

Exercise of nil-cost options under the PSP.

c. 

Price(s) and volume(s)

 

Price(s)

Volume(s)

0p

10,003

 

d. 

Aggregated information

· Aggregated volume

· Price

 

Price(s)

Volume(s)

0p

10,003

 

 

 

e. 

Date of the transaction

2020-09-25

f. 

Place of the transaction

Outside a trading venue.

5.

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b.

Nature of the transaction

Sale of shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise.

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

3,896 p

3,825

 

d.

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

3,896p

3,825

e.

Date of the transaction

2020-09-25

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Table D - GELT Deferred Share Bonus Plan Exercise

1. 

Details of the person discharging managerial responsibilities / person closely associated

a

a.

Name

Bill Christianson

2. 

Reason for the notification

a. 

Position/status

Chief Operating Officer Genus PIC

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Genus plc

b. 

LEI

54930022EOITNKSIGH56

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b. 

Nature of the transaction

Exercise of nil-cost options under the DSBP.

c. 

Price(s) and volume(s)

 

Price(s)

Volume(s)

0p

2,017

 

d. 

Aggregated information

· Aggregated volume

· Price

 

Price(s)

Volume(s)

0p

2,017

 

 

 

e. 

Date of the transaction

2020-09- 25

f. 

Place of the transaction

Outside a trading venue.

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b.

Nature of the transaction

Sale of shares arising from the exercise of nil-cost options under the DSBP to offset income tax and social security liabilities due on the exercise.

c.

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

3,896 p

772

 

d.

Aggregated information

· Aggregated volume

· Price

 

 

Price(s)

 

Volume(s)

3,896 p

772

e.

Date of the transaction

2020-09- 25

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Table E - Sale of Shares to cover under sale

1. 

Details of the person discharging managerial responsibilities / person closely associated

a

a.

Name

1.  Stephen Wilson

2.  Dan Hartley

2. 

Reason for the notification

a. 

Position/status

1.  Chief Executive Officer

2.  Group General Counsel & Company Secretary

b. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Genus plc

b. 

LEI

54930022EOITNKSIGH56

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

Identification code

Ordinary shares of 10p each

 

 

GB0002074580

b. 

Nature of the transaction

Completion of sale of ordinary shares to offset income tax and social security liabilities due on the exercise of options on 21 September 2020.

c. 

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.  3,816 p

193

2.  3,816 p

93

 

d. 

Aggregated information

· Aggregated volume

· Price

 

Price(s)

Volume(s)

1.  3,816 p

193

2.  3,816 p

93

 

 

 

e. 

Date of the transaction

2020-09- 25

f. 

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

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