Grant of Awards to PDMRs
Updated : 07:00
Equiniti Group plc
Incorporated in England and Wales
Registration number: 07090427
LEI: 213800TS721HGE2JIV94
ISIN: GB00BYWWHR75
Equiniti Group plc
(the Company)
Grant of Awards to Persons Discharging Managerial Responsibilities (PDMRs)
The following notifications are made under Article 19 of the UK Market Abuse Regulation relating to certain transactions by persons discharging managerial responsibilities (PDMRs) in the shares of the Company.
On 6 April 2021 awards over ordinary shares of £0.001 each in the capital of the Company were granted under the Equiniti Group Performance Share Plan (the PSP) in respect of 2020 financial year performance (designated as Type A Awards), to PDMRs, as follows:
PDMRs | Grant Price (£)1 | Number of Type A PSP Awards Granted |
Paul Lynam | £1.30 | 692,308 |
Adam Green | £1.30 | 165,385 |
Aaron Hughes | £1.30 | 138,462 |
Amy Madden | £1.30 | 73,077 |
Paul Matthews | £1.30 | 211,538 |
Todd May | £1.30 | 221,894 |
Kevin O'Connor | £1.30 | 230,769 |
Thera Prins | £1.30 | 176,923 |
Andrew Stephenson | £1.30 | 85,385 |
Duncan Watson | £1.30 | 138,462 |
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[1] Calculated using the closing market quotation as derived from the Daily Official List of the London Stock Exchange on 1 April 2021, being the day before the date of grant of the Awards.
The award for Mr Lynam will be based on TSR performance against the FTSE 250 (excluding investment trusts) over the performance period 1 April 2021 to 30 March 2024 and will vest on 6 April 2024. In line with our existing policy, the Remuneration Committee will review the vesting outcome following the assessment of the performance condition to ensure that Awards reflect underlying performance.
No consideration was paid for the grant of the Type A Awards, which is structured as nil cost options.
PDMRs will be required to hold any ordinary shares acquired on the exercise of Type A Awards for a further two-year period (after selling sufficient shares to pay the tax arising on exercise).
The relevant FCA notifications are set out below:
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Paul Lynam | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief Executive/Executive Director | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Kevin O'Connor | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief Information Officer/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Paul Matthews | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | CEO of EQ Boardroom/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Thera Prins | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief Operating Officer/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Adam Green | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief Risk Officer/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Aaron Hughes | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | CEO of EQ Digital/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Amy Madden | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief Customer Officer/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Duncan Watson | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | CEO of EQ Paymaster/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Andrew Stephenson | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief People Officer/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Todd May | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | CEO of EQ by Equiniti/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of awards under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 6 April 2021 | ||||||
f) | Place of transaction | Outside of trading venue |
Enquiries:
Prism Cosec Limited
Company Secretary
company.secretary@equiniti.com
8 April 2021
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