Sign In
27 Oct 2016 16:00
Â
Phoenix Group Holdings Long Term Incentive Plan ("LTIP")
Â
On 26 October 2016, the recently-appointed Group HR Director was granted an award under the LTIP over Ordinary shares of €.0001 each fully paid in the Company. For the purposes of determining the number of shares under the award, a price of £8.7617 per share has been used, being the average middle-market quotation of the Company's shares over the three dealing days immediately preceding the date of grant.
Â
The vesting of the award is subject to the satisfaction of certain performance conditions over a three year period, followed by a further two year holding period which ends on the fifth anniversary of the date that the award was granted, at which point the award can be exercised.
Â
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Â
1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||
a)  | Name   | Stephen Jefford  | ||||
2  | Reason for the notification  | |||||
a)  | Position/status   | Group HR Director | ||||
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 | ||||
b) Â | LEI Â Â | 21380031B1D56JRCE375 | ||||
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   |  Ordinary Shares of €.0001 each fully paid  KYG7091M1096   | ||||
b)  | Nature of the transaction   | Grant of Award under the Long Term Incentive Plan  | ||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||
d)  | Aggregated information   - Aggregated volume   - Price   |    23,967   NIL | ||||
e)  | Date of the transaction   | 25 October 2016 | ||||
f)  | Place of the transaction   | London | ||||
Â
Â
Follow the stocks
