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Director/PDMR Shareholding

24 Apr 2024 13:43

RNS Number : 8967L
Eurowag
24 April 2024
 

 

W.A.G payment solutions plc

(the "Company" or "Eurowag")

Notification and public disclosure of transactions by PDMR

Deferred Bonus Awards

W.A.G payment solutions plc a leading pan-European integrated payments and mobility platform focused on the Commercial Road Transportation ("CRT") industry, today announces that on 22 April 2024 the following awards ("Awards") in relation to ordinary shares of 1 penny each in the Company were granted under the Company's Deferred Bonus Share Plan ("DBSP") to the following persons discharging managerial responsibilities:

Participant

Position

Details of Award

Martin Vohánka

Chief Executive Officer and Founder

Award over 74,740 notional Shares

Oskar Zahn

Chief Financial Officer

Award over 81,931 Shares

The Awards relate to the Directors' Remuneration Policy aligned deferral of one-third of annual bonus for 2023 and will ordinarily vest on the third anniversary of grant subject to continue service.

The Award to Mr Vohánka is necessarily over notional Shares and is limited to settlement in cash by reference to the value of the notional Shares at time of exercise. The Award to Mr Zahn is structured as an option with an option price of 1 penny per Share.

Subject to the terms of the DBSP, once exercisable the Awards are exercisable from vesting until the tenth anniversary of the grant date.

The information set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1. Martin Vohánka

2. Oskar Zahn

 

2

Reason for Notification

a)

Position/status

1. Chief Executive Officer and Founder

2. Chief Financial Officer

 

b)

Initial notification/Amendment

Initial Announcement

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

W.A.G payment solutions plc

b)

LEI

213800HU63CWV5J8YK95

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 1 penny each

ISIN GB00BLGXWY71

b)

Nature of the transaction

Deferred Bonus Awards under the Company's Deferred Share Bonus Plan.

The Award to Mr Vohánka is necessarily over notional Shares and is limited to settlement in cash by reference to the value of the notional Shares at time of exercise.

The Award to Mr Zahn is structured as an option with an option price of 1 penny per Share.

 

c)

Price(s) and volume(s)

 

 

 

 

Price(s)

Volume(s)

1. Nil

 

1. 74,740 Notional Shares

2. Nil

 

 

2. 81,931 Shares

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A single transactions

Nil

 

e)

Date of the transaction

22 April 2024

f)

Place of the transaction

Outside of a trading venue

 

ENQUIRIES:

Eurowag

Carla Bloom

Head of Investor Relations and Communications

+44 (0) 789 109 4542

investors@eurowag.com

 

Powerscourt  

 

Justin Griffiths, Gilly Lock 

IR and international media 

+44 (0)20 7250 1446 

eurowag@powerscourt-group.com 

 

About Eurowag 

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe's commercial road transport industry, with a purpose to make it clean, fair and efficient. Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and post-delivery. http://www.eurowag.com  

 

 

 

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END
 
 
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