-
25 June 2025 23:06:21
- Source: Sharecast
25 June 2025
Record plc ('Record' or the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation
The Company announces that the following directors and senior managers of the Company (each a person discharging managerial responsibilities or "PDMR") were granted awards in the form of nil-cost options over Ordinary Shares of 0.025p each, under the Record plc Long Term Incentive Plan (the "LTIP"), on 23 June 2025. The terms and relevant performance periods have been summarised below.
|
PDMR |
Number of Ordinary Shares over which option held |
Exercise Price per Share £
|
Performance Period |
Performance Conditions |
|
Jan Witte |
2,021,000 |
Nil
|
1 April 2024 to 31 March 2027 |
1/3 EPS, 1/3 TSR and 1/3 strategic objectives |
|
PDMR |
Number of Ordinary Shares over which option held |
Exercise Price per Share £
|
Performance Period |
Performance Conditions |
|
Jan Witte |
2,021,000 |
Nil
|
1 April 2025 to 31 March 2028 |
1/3 EPS, 1/3 TSR and 1/3 strategic objectives |
|
PDMR |
Number of Ordinary Shares over which option held |
Exercise Price per Share £
|
Performance Period |
Performance Conditions |
|
Richard Heading |
1.102,000 |
Nil
|
1 April 2024 to 31 March 2027 |
1/3 EPS, 1/3 TSR and 1/3 strategic objectives |
|
PDMR |
Number of Ordinary Shares over which option held |
Exercise Price per Share £
|
Performance Period |
Performance Conditions |
|
Richard Heading |
1,102,000 |
Nil
|
1 April 2025 to 31 March 2028 |
1/3 EPS, 1/3 TSR and 1/3 strategic objectives |
|
PDMR |
Number of Ordinary Shares over which option held |
Exercise Price per Share £
|
Performance Period |
Performance Conditions |
|
Kevin Ayles |
827,000 |
Nil
|
1 April 2024 to 31 March 2027 |
1/3 EPS, 1/3 TSR and 1/3 strategic objectives |
|
PDMR |
Number of Ordinary Shares over which option held |
Exercise Price per Share £
|
Performance Period |
Performance Conditions |
|
Kevin Ayles |
827,000 |
Nil
|
1 April 2025 to 31 March 2028 |
1/3 EPS, 1/3 TSR and 1/3 strategic objectives |
The following disclosure is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018:
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
|
a)
|
Name
|
1. JAN WITTE 2. RICHARD HEADING 3. KEVINAYLES |
|
|
2 |
Reason for the notification |
||
|
a)
|
Position/status
|
1. CHIEF EXECUTIVE OFFICER 2. CHIEF FINANCIAL OFFICER 3. CHIEF OF STAFF
|
|
|
b)
|
Initial notification /Amendment
|
INITIAL NOTIFICATION |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a)
|
Name
|
RECORD PLC |
|
|
b)
|
LEI (inclusion optional)
|
5493000VJ55ZTYGX4322 |
|
|
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 0.025 PENCE PER SHARE
GB00B28ZPS36
|
|
|
b)
|
Nature of the transaction
|
GRANT OF NIL-COST OPTIONS IN THE COMPANY UNDER THE RULES OF THE RECORD PLC LONG TERM INCENTIVE PLAN |
|
|
c)
|
Senior Managers: Price(s) and volume(s)
|
Prices(s) |
Volume(s) |
|
Exercise price of £nil |
1. 4,042,000 2. 2,204,000 3. 1,654,000 |
||
|
d)
|
Aggregated information - Aggregated volume - Price
|
Not applicable - ONE TRANSACTION PER INDIVIDUAL (SEE SECTION C ABOVE)
|
|
|
e)
|
Date of the transaction
|
23 JUNE 2025 |
|
|
f)
|
Place of the transaction
|
OUTSIDE A TRADING VENUE |
|
For further information:
|
Record plc |
|
|
Cerian Tahany: Company Secretary |
companysecretariat@recordfg.com |
|
|
+44 (0) 20 3892 1300 |
|
|
|
|
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