Last checked at 15 Nov 2022 17:26
Vistry Group PLC (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company announces that it was notified of the following transactions that took place on 14 November 2022:
· the receipt of Company shares (the "Shares") by Tim Lawlor, Chief Financial Officer, following the vesting of his awards under the Countryside Partnerships Long Term Incentive Plan and Buyout Plan (the "Countryside Share Plan Awards") in connection with the cash and share combination of the Company and Countryside Partnerships (the "Combination") and the subsequent sale of the resulting Countryside shares to the Company under the terms of the Combination; and
· the subsequent sale of some of those resulting Shares to cover the tax and national insurance contributions which became due on the vesting of the Countryside Share Plan Awards.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation Article 19.
Enquiries:
Clare Bates, General Counsel & Company Secretary +44 16 7543 7160
Director/PDMR Shareholding
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
a) | Name | Timothy Charles Lawlor | ||||||||
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 | Vistry Group PLC | ||||||||
b) | LEI | 2138001KOWN7CG9SLK53 | ||||||||
4A | 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 50 p each
GB0001859296 | ||||||||
b) | Nature of the transaction | Receipt of Shares, following the sale of Countryside Partnerships shares acquired on the vesting of the Countryside Share Plan Awards, as a result of the Combination becoming effective | ||||||||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | |||||||
Nil | 69,286 | |||||||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | ||||||
N/A - Single transaction
| ||||||||||
e) | Date of the transaction | 14-11-2022 | ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
4B | 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 50 p each
GB0001859296 | ||||||||
b) | Nature of the transaction | Sale of sufficient Shares to cover tax and national insurance contributions due on the vesting of the Countryside Share Plans Awards. The remainder of the Shares (49,520 Shares) are being retained and will be held until at least 1 June 2025. | ||||||||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | |||||||
£6.612430 | 19,766 | |||||||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | ||||||
N/A - Single transaction
| ||||||||||
e) | Date of the transaction | 14-11-2022 | ||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||