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Director/PDMR Shareholding

21 May 2025 18:08

RNS Number : 6766J
Future PLC
21 May 2025
 

Date: 21 May 2025

 

 

Future plc

(the "Company")

 

Director/PDMR holding

 

Sale of shares to cover tax on vesting of shares

On 21 May 2025, 5,792 shares were sold to cover tax arising on vesting of 12,261 Ordinary shares of 15p each awarded under the Future plc 2023 Performance Share Plan ("PSP") on 19 September 2024. The original vesting date of 14 April 2025 under the PSP was delayed as the Company was in a closed period on that date, prior to the announcement of its half-year results on 16 May 2025. The remaining 6,469 shares will be retained, as part of the Directors' shareholding requirement under the Company's 2023 Directors' Remuneration Policy.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Sharjeel Suleman

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial 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

 

 

Future plc

b)

 

LEI

 

 

213800K2581YRLEXV353

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 15p each

Identification code

GB00BYZN9041

b)

 

Nature of the transaction

 

 

Sale in the market of 5,792 shares to cover tax arising on vesting of 12,261 Ordinary shares of 15p each awarded under the Future plc 2023 Performance Share Plan ("PSP") on 19 September 2024. The original vesting date of 14 April 2025 under the PSP was delayed as the Company was in a closed period on that date, prior to the announcement of its half-year results on 16 May 2025.

 

c)

 

Price(s) and volume(s)

Price(s)

£6.62

 

Volume(s)5,792

d)

 

Aggregated information

N/A (single transaction)

- Aggregated volume

- Price

e)

 

Date of the transaction

 

21 May 2025

f)

 

Place of the transaction

 

London Stock Exchange

 

Enquiries:

David Bateson

General Counsel and Company Secretary

Future plc

Tel: 01225 442244

 

About Future

We are the platform for creating and distributing trusted, specialist content, to build engaged and valuable global communities. We operate ~200 brands in diversified content verticals, with multiple market leading positions and three core monetisation frameworks: advertising, eCommerce affiliate and direct consumer monetisation (subscriptions and newstrade magazine sale). Our content is published and distributed through a range of formats including websites, email newsletters, videos, magazines and live events. The successful execution of our strategy is focused on three pillars: grow engaged audience, diversify and grow revenue per user and optimise the portfolio.

 

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