Last checked at 30 Jun 2022 16:12
30 June 2022
TRAINLINE PLC
(the "Company")
Executive Director Performance Share Plan ("PSP") Grant Notification
The Company announces that on 30 June 2022 the Executive Director noted below was granted awards under the Trainline plc Performance Share Plan in the form of Performance Share Units ("PSUs").
The PSUs will vest subject to stretching performance conditions over a 3-year period ending 28 February 2025 based on the Company's cumulative earnings per share ("EPS"), average annual Revenue growth and relative total shareholder return ("TSR") weighted 25%; 25%; and 50% of the grant respectively as disclosed in the FY 2022 Annual Report. A two-year holding period will apply on vesting, during which vested shares may not be sold save to cover tax liabilities.
PDMR | Number of Shares under PSUs |
Jody Ford, Chief Executive Officer | 1,077,219 |
The Notification of Dealing Form for the above grant may be found below. This notification is provided in accordance with the requirements of the UK Market Abuse Regulation.
Enquiries
For investor enquiries, Andrew Gillian investors@trainline.com
For media enquiries, Jennifer Painter press@trainline.com
Brunswick Group
Simone Selzer trainline@brunswickgroup.com / +44 207 404 5959
About Trainline
Trainline (www.trainline.com) is the leading independent rail and coach travel platform selling rail and coach tickets to millions of travellers worldwide, enabling them to seamlessly search, book and manage their journeys all in one place via its highly rated website and mobile app. Trainline is a one‐stop shop for rail and coach travel bringing together millions of routes, fares and journey times from rail and coach carriers across Europe.
Notification of dealing form | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Jody Ford | |
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 | Trainline plc | |
b) | LEI | 213800HO26VXTFJ4MO71 | |
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 £0.01 each
| |
Identification code | GB00BKDTK925 | ||
b) | Nature of the transaction | Grant of performance share units over ordinary shares of Trainline plc | |
c) | Price(s) and volume(s) | Price | Volume |
Nil | 1,077,219 | ||
d) | Aggregated information- Aggregated volume- Price | Price | Aggregated Volume |
N/A | N/A | ||
e) | Date of the transaction | 30 June 2022 | |
f) | Place of the transaction | Outside a trading venue | |