Source - LSE Regulatory
RNS Number : 8618G
Mobico Group PLC
03 October 2024
 

 

MOBICO GROUP PLC

 ("Company")

 

Director/PDMR Share Dealing

 

The Company provides notification of the following transaction, effected on 2 October 2024, relating to the below named Person Discharging Managerial Responsibilities ("PDMRs") and her respective interests in the ordinary shares of nominal value 5p each in the capital of the Company ("Shares") (ISIN: GB0006215205).

 

The transaction arises in respect of the grant under the rules of the Company's Long-Term Incentive Plan ("LTIP") to Helen Cowing of three-year performance-conditioned nil-cost options over Shares (the "2024 LTIP Award").  

 

Individual PDMR and transaction details are set out in the table below:

 

Name and position of PDMR

Number of Shares over which the 2024 LTIP Award was granted1

Unrestricted beneficial interest held in Shares following the transactions2

 

Total other interest held in Shares following the transactions3

 

Helen Cowing, Interim Group Chief Financial Officer, PDMR

 

 

997,455

 

100,000

 

997,455

¹ The conversion of the 2024 LTIP Award value into the number of Shares over which it was granted is based on the middle market quotation of a Share on 19 June 2024 of 47.16p per Share with a 30% reduction applied, consistent with the award made to the Group CEO on 20 June 2024. The 2024 LTIP Award is shown over the maximum number of Shares which can vest.

² Including those held by connected persons, if applicable.

³ Represents outstanding awards granted under the Company's Long-Term Incentive Plan.

 

 

1.            

Details of PDMR / PCA


Full Name

Helen Cowing


Position / status

Interim Group Chief Financial Officer, PDMR


Initial notification / amendment

Initial notification

2.

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

 

 

 

 

 

Name

Mobico Group PLC

LEI

213800A8IQEMY8PA5X34

3.

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


Description of the financial instrument

 

Ordinary shares of 5p each

 

 

 

 


Identification code

GB0006215205

 


Nature of the transaction

(i)Award of option over shares under the Mobico Group PLC's Long-Term Incentive Plan


Price(s) and volume(s)


Price(s)

Volume(s)

Total

(i)

£ n/a

997,455

0.00


Date of the transaction

2 October 2024


Place of the transaction

n/a

 

 

 

This above notice is given in fulfilment of the Company's obligation under DTR 3.1 and Article 19 of the EU Market Abuse Regulation 596/2014 as incorporated into domestic law by the European Union (Withdrawal) Act 2018.

 

-      END -

 

Mobico contact and telephone number for enquiries:

 

Simon Callander, Group General Counsel & Company Secretary

+44 (0) 7795 232 708

 

Gillian Saunderson, Deputy Company Secretary

+44 (0) 7471 142 961

 

Notes:

Legal Entity Identifier: 213800A8IQEMY8PA5X34

Classification: 3.1 (with reference to DTR6 Annex 1R)

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END
 
 
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