9 May 2024
TRAINLINE PLC
(the "Company")
Notification of Transactions of Directors/PDMRs
The Company announces that Performance Share Plan ('PSP') awards granted on 1 June 2021 (the 'Awards') to Jody Ford and Peter Wood vested on 7 May 2024. Shares were sold to cover taxation and administrative costs arising on the vesting of the Awards.
The Awards were granted subject to the achievement of performance targets based on EPS and Revenue in FY2024 and relative total shareholder returns over the three-year period ending 29 February 2024, as disclosed in the FY2022 Annual Report. Achievement against the performance targets will be disclosed in the FY2024 Annual Report.
The Notification of Dealing Form for the vests 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, Hollie Conway press@trainline.com
Brunswick Group
Simone Selzer +44 207 404 5959 / trainline@brunswickgroup.com
About Trainline
Trainline (www.trainline.com) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one‐stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.
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| Notification of dealing form | |||
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
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| a) | Name | Jody Ford | |
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| 2 | Reason for the notification | ||
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| a) | Position/status | Chief Executive Officer | |
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| b) | Initial notification/ Amendment | Initial notification | |
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
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| a) | Name | Trainline plc | |
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| 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 | ||
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| a) | Description of the financial instrument, type of instrument |
Ordinary shares of £0.01 each
| |
|
| Identification code | GB00BKDTK925 | ||
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| b) | Nature of the transaction | Vest of a conditional award under the Performance Share Plan over ordinary shares of Trainline plc | |
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| c) | Price(s) and volume(s) | Price | Volume |
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| Nil | 220,711 | ||
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| d) | Aggregated information | Price | Aggregated Volume |
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| N/A | N/A | ||
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| e) | Date of the transaction | 7 May 2024 | |
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| 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 |
Ordinary shares of £0.01 each
| ||
| Identification code | GB00BKDTK925 | |||
| b) | Nature of the transaction | The sale of ordinary shares of Trainline plc on vesting of the above Performance Share Plan award in order to satisfy associated costs. | ||
| c) | Price(s) and volume(s) | Price | Volume | |
| £3.216081 per share | 103,990 | |||
| d) | Aggregated information | Price | Aggregated Volume | |
| N/A | N/A | |||
| e) | Date of the transaction | 8 May 2024 | ||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||
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| Notification of dealing form | |||
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
|
| a) | Name | Peter Wood | |
|
| 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 | Vest of a conditional award under the Performance Share Plan over ordinary shares of Trainline plc | |
|
| c) | Price(s) and volume(s) | Price | Volume |
|
| Nil | 34,546 | ||
|
| d) | Aggregated information | Price | Aggregated Volume |
|
| N/A | N/A | ||
|
| e) | Date of the transaction | 7 May 2024 | |
|
| 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 |
Ordinary shares of £0.01 each
| ||
| Identification code | GB00BKDTK925 | |||
| b) | Nature of the transaction | The sale of ordinary shares of Trainline plc on vesting of the above Performance Share Plan award in order to satisfy associated costs. | ||
| c) | Price(s) and volume(s) | Price | Volume | |
| £3.216081 | 16,294 | |||
| d) | Aggregated information | Price | Aggregated Volume | |
| N/A | N/A | |||
| e) | Date of the transaction | 8 May 2024 | ||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||
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