Director/PDMR Shareholding
Updated : 16:16
1 June 2021
TRAINLINE PLC
(the "Company")
Executive Director Performance Share Plan ("PSP") Grant Notification
The Company announces that on 1 June 2021 the Executive Directors noted below were granted awards under the Trainline plc Performance Share Plan in the form of Performance Share Units ("PSUs").
The PSUs will vest subject to stretching performance conditions over a 3-year period ending 28 February 2024 based on the Company's earnings per share ("EPS"), Revenue and relative total shareholder return ("TSR") weighted 25%; 25%; and 50% of the grant respectively. A two-year holding period will apply on vesting, during which vested shares may not be sold save to cover tax liabilities.
PDMR | Number of Shares under PSUs |
Jody Ford, Chief Executive Officer | 490,470 |
Shaun McCabe, Chief Financial Officer | 341,196 |
The Notification of Dealing Form for the above grant may be found below. This notification is provided in accordance with the requirements of the UK Market Abuse Regulation.
Enquiries
For investor enquiries, Andrew Gillian investors@trainline.com
For media enquiries, Victoria Biggs / press@trainline.com / +44 7850 205490
Simone Selzer trainline@brunswickgroup.com / +44 207 404 5959
Notification of dealing form | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Jody Ford | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer | |
b) | Initial notification/ Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Trainline plc | |
b) | LEI | 213800HO26VXTFJ4MO71 | |
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 |
Ordinary shares of £0.01 each
| |
Identification code | GB00BKDTK925 | ||
b) | Nature of the transaction | Grant of performance share units over ordinary shares of Trainline plc | |
c) | Price(s) and volume(s) | Price | Volume |
Nil | 490,470 | ||
d) | Aggregated information | Price | Aggregated Volume |
N/A | N/A | ||
e) | Date of the transaction | 1 June 2021 | |
f) | Place of the transaction | Outside a trading venue | |
Notification of dealing form | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Shaun McCabe | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer | |
b) | Initial notification/ Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Trainline plc | |
b) | LEI | 213800HO26VXTFJ4MO71 | |
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 |
Ordinary shares of £0.01 each
| |
Identification code | GB00BKDTK925 | ||
b) | Nature of the transaction | Grant of performance share units over ordinary shares of Trainline plc | |
c) | Price(s) and volume(s) | Price | Volume |
Nil | 341,196 | ||
d) | Aggregated information | Price | Aggregated Volume |
N/A | N/A | ||
e) | Date of the transaction | 1 June 2021 | |
f) | Place of the transaction | Outside a trading venue | |
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