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Market Cap: £838.44m
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Director/PDMR Shareholding

15 Nov 2022 17:26

RNS Number : 5167G
Vistry Group PLC
15 November 2022
 

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)

 

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