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Last checked at 
27 Apr 2023 16:05
27 April 2023
Next 15 Group plc
("Next 15" or "the Group")
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
On 27 April 2023, certain performance shares granted under the Next Fifteen Communications Group plc Long-Term Incentive Plan (‘LTIP’) vested.
The Directors detailed below received ordinary shares of 2.5p each in Next 15 (‘Ordinary Shares’) at nil cost following the vesting of the performance shares, net of the employee’s income tax and national insurance contributions as detailed in the below table.
Vesting of LTIP
Name of Director | Date of Award | Number of Shares received | Total Holding following Notification | Percentage of Issued Share Capital held following Notification |
Tim Dyson | 10 April 2018 | 26,700 |
|
|
| 30 July 2020 | 93,211 | 4,862,186 | 4.94% |
Peter Harris | 10 April 2018 | 13,516 |
|
|
| 30 July 2020 | 42,587 | 461,707 | 0.47% |
Jonathan Peachey | 30 July 2020 | 31,637 | 46,420 | 0.05% |
The total number of shares that have been issued today in respect of the vesting of awards under the LTIP (including those detailed above) is 277,232. Following this issue of shares the Company confirms that as at 27 April 2023 it has 98,781,162 Ordinary Shares in issue. No shares are held in treasury.
Grant of LTIP award
On the same day, the following performance share awards (“Awards”) over Ordinary Shares were granted pursuant to an award made under the LTIP:
PDMR | Plan | No. of Ordinary Shares subject to Award |
Tim Dyson | Next Fifteen Communications Group plc Long-Term Incentive Plan. | 156,351 |
Peter Harris | Next Fifteen Communications Group plc Long-Term Incentive Plan. | 69,462 |
Jonathan Peachey | Next Fifteen Communications Group plc Long-Term Incentive Plan. | 61,308 |
The above Awards will vest after a three-year performance period, subject to satisfaction of performance conditions and continued employment and will then be subject to a further two-year hold period.
Enquiries
For further information, please contact: |
|
Next 15 Group plc |
|
Mark Sanford, General Counsel and Company Secretary | +44 (0) 7590 928 794 |
Numis (Nomad & Joint Broker) | +44 (0)20 7260 1000 |
Mark Lander Hugo Rubinstein |
|
Berenberg (Joint Broker) | +44 (0)20 3207 7800 |
Ben Wright Mark Whitmore |
|
MHP James McFarlane Eleni Menikou Pete Lambie LEI: 213800BK9MBUZUUPMZ63
| +44 (0)20 3128 8013 Next15@mhpgroup.com |
The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Tim Dyson |
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 | Next 15 Group plc |
b) | LEI: | 213800BK9MBUZUUPMZ63 |
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 the transactions have been conducted. | |
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 |
b) | Nature of the transaction | Acquisition of Ordinary Shares pursuant to vesting under the Next Fifteen Communications Group plc Long-Term Incentive Plan, for nil consideration |
c) | Price(s) and volume(s) |
Price(s) Volume(s) £nil 119,911
|
d) | Aggregated information Aggregated volume Price | Vesting of 119,911 Ordinary Shares at nil cost.
|
e) | Date of the transaction | 27 April 2023 |
f) | Place of the transaction | Outside a trading venue. |
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Tim Dyson |
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 | Next 15 Group plc |
b) | LEI: | 213800BK9MBUZUUPMZ63 |
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 the transactions have been conducted. | |
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 |
b) | Nature of the transaction | Grant of share awards over Ordinary Shares under the Next Fifteen Communications Group plc Long-Term Incentive Plan |
c) | Price(s) and volume(s) |
Price(s) Volume(s) £nil 156,351
|
d) | Aggregated information Aggregated volume Price | Single transaction - Grant of performance share award over 156,351 Ordinary Shares at nil cost.
|
e) | Date of the transaction | 27 April 2023 |
f) | Place of the transaction | Outside a trading venue. |
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Peter Harris |
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 | Next 15 Group plc |
b) | LEI: | 213800BK9MBUZUUPMZ63 |
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 the transactions have been conducted. | |
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 |
b) | Nature of the transaction | Acquisition of Ordinary Shares pursuant to vesting under the Next Fifteen Communications Group plc Long-Term Incentive Plan, for nil consideration |
c) | Price(s) and volume(s) |
Price(s) Volume(s) £nil 56,103
|
d) | Aggregated information Aggregated volume Price | Vesting of 56,103 Ordinary Shares at nil cost.
|
e) | Date of the transaction | 27 April 2023 |
f) | Place of the transaction | Outside a trading venue.
|
|
|
|
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Peter Harris |
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 | Next 15 Group plc |
b) | LEI: | 213800BK9MBUZUUPMZ63 |
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 the transactions have been conducted. | |
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 |
b) | Nature of the transaction | Grant of share awards over Ordinary Shares under the Next Fifteen Communications Group plc Long-Term Incentive Plan |
c) | Price(s) and volume(s) |
Price(s) Volume(s) £nil 69,462
|
d) | Aggregated information Aggregated volume Price | Single transaction - Grant of performance share award over 69,462 Ordinary Shares at nil cost.
|
e) | Date of the transaction | 27 April 2023 |
f) | Place of the transaction | Outside a trading venue. |
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Jonathan Peachey |
2. Reason for the notification | ||
a) | Position/ status | Chief Operating Officer |
b) | Initial notification / amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Next 15 Group plc |
b) | LEI: | 213800BK9MBUZUUPMZ63 |
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 the transactions have been conducted. | |
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 |
b) | Nature of the transaction | Acquisition of Ordinary Shares pursuant to vesting under the Next Fifteen Communications Group plc Long-Term Incentive Plan, for nil consideration |
c) | Price(s) and volume(s) |
Price(s) Volume(s) £nil 31,637
|
d) | Aggregated information Aggregated volume Price | Vesting of 31,637 Ordinary Shares at nil cost.
|
e) | Date of the transaction | 27 April 2023 |
f) | Place of the transaction | Outside a trading venue.
|
|
|
|
1. | Details of PDMR / person closely associated with them ("PCA") | |
a) | Name | Jonathan Peachey |
2. Reason for the notification | ||
a) | Position/ status | Chief Officer |
b) | Initial notification / amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Next 15 Group plc |
b) | LEI: | 213800BK9MBUZUUPMZ63 |
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 the transactions have been conducted. | |
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 |
b) | Nature of the transaction | Grant of share awards over Ordinary Shares under the Next Fifteen Communications Group plc Long-Term Incentive Plan |
c) | Price(s) and volume(s) |
Price(s) Volume(s) £nil 61,308
|
d) | Aggregated information Aggregated volume Price | Single transaction - Grant of performance share award over 61,308 Ordinary Shares at nil cost.
|
e) | Date of the transaction | 27 April 2023 |
f) | Place of the transaction | Outside a trading venue. |
View source version on businesswire.com: https://www.businesswire.com/news/home/20230427005699/en/
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