26 Jul 2021 08:00
U AND I GROUP PLC
Notification of transactions of Directors, Persons DISCHARGING MANAGERIAL Responsibility or connected persons
Grant of saye options
On 26 July 2021, Grants of Options were made through the U and I Group PLC approved Save As You Earn Option Plan "Sharesave" (the "Plan"). The options were in respect of ordinary shares of 50 pence each in the share capital of U and I Group PLC.
All employees of the Company were eligible to subscribe for share options at £0.751 under the Plan which are exercisable at the end of a three-year savings contract ending 1 September 2024. The Plan rules follow HMRC guidance and limit each employee to a maximum saving of £500 per month over the three-year period of the Plan.
Options have been granted to the following Executive Directors who elected to participate in the Plan:
Director/PDMR | Number of Share Options Granted | Option Price |
Richard Upton | 23,968 | £0.751 |
Jamie Christmas | 23,968 | £0.751 |
For further information please contact:
Chris Barton
Company Secretary
U and I Group PLC
7A Howick Place
London
SW1P 1DZ
Tel: 020 7828 4777