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18 Sep 2024 10:56
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Phoenix Group Holdings plc (the "Company")
Exercise of nil-cost options under the Phoenix Group Holdings plc the Deferred Bonus Share Scheme (the "DBSS")
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The Company announces that on 17 September 2024 the following Person Discharging Managerial Responsibilities "PDMR" exercised their nil-cost options over ordinary shares of 10 pence each in the Company under the DBSS granted on 12 March 2021.
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Vesting of these options was subject to a three-year holding period in respect of the deferred bonus for the 2020 financial year. The number of options acquired includes the dividend equivalent shares.
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Name | Title | Number of options exercised | Number of ordinary shares sold to cover Tax and Employee NI | Number of ordinary shares held | Sale price per share (in pence) |
Michael Eakins | Group Chief Investment Officer | 17,695 | 8,384 | 9,311 | 553.50 |
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Notification and public disclosure of transactions by a person discharging managerial responsibilities and persons closely associated with them.
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The Notification of Dealing Forms for each PDMR can be found below. This announcement is made in accordance with Article 19(3) of the UK Markets Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).Â
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1  | Details of the person discharging managerial responsibilities / person closely associated  | ||||||||||
a)  | Name  | Michael Eakins | |||||||||
2  | Reason for the notification  | ||||||||||
a)  | Position/status  | Group Chief Investment Officer | |||||||||
b)  | Initial notification /Amendment  | Initial Notification | |||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | ||||||||||
a)  | Name  | Phoenix Group Holdings plc | |||||||||
b) Â | LEI Â | 2138001P49OLAEU33T68 | |||||||||
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  Identification code  |  Phoenix Group Holdings plc ordinary shares of 10 pence each  GB00BGXQNP29 | |||||||||
b)  | Nature of the transaction  | Acquisition of shares pursuant to the exercise of options under the Company's DBSS and sale of shares to cover tax liabilities | |||||||||
c) Â | Price(s) and volume(s) Â Â | Â
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d)  | Aggregated information  - Aggregated volume  - Price |   N/A, single transaction   | |||||||||
e) Â | Date of the transaction | 17 September 2024 | |||||||||
f) | Place of the transaction | Â London Stock Exchange (XLON) | |||||||||
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