25 Mar 2024 13:00
25 March 2024
Deliveroo plc ("Company")
Notifications of transactions by Persons Discharging Managerial Responsibility ("PDMR")
2024 Performance Share Plan and Deferred Share Bonus Plan Awards
This announcement is made in accordance with the Market Abuse Regulation ("MAR") and relates to Scilla Grimble, Chief Financial Officer ("CFO"), being granted nil cost options on 25 March 2024 under the Deliveroo Incentive Plan.
Award made under the 2024 Performance Share Plan ("PSP")
An award of nil-cost options to acquire 2,237,768 Ordinary Shares was made to Scilla under the PSP. The number of shares over which the nil-cost options were awarded is equivalent to 500% of salary. The PSP will ordinarily vest on the third anniversary of the grant date, subject to continued service and the extent to which the performance targets are satisfied. The PSP Award is subject to a two-year post-vesting holding period.
Award made under the 2024 Deferred Share Bonus Plan ("DSP")
An award of nil-cost options to acquire 171,241 Ordinary Shares was made to Scilla under the DSP and in respect of the deferred element of the annual bonus for the financial year ended 31 December 2023. Vesting of the DSP shares is normally deferred for three years and subject to continued service until the vesting date.
For further details on the annual bonus, DSP and the PSP, including the performance targets, please see the Company's 2023 Annual Report and Accounts (the "2023 Annual Report").
The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
(a) | Name | Scilla Grimble | |||||||||
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 | Deliveroo plc | |||||||||
(b) | LEI | 984500F6537F74DDEE77 | |||||||||
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 | Class A Ordinary Shares of 0.5p each | |||||||||
(b) | Identification code | ISIN: GB00BNC5T391 | |||||||||
(c) | Nature of the transaction | Grant of nil cost options under the Deliveroo Incentive Plan. (i) Award made under the Performance Share Plan (ii) Award made under the Deferred Share Bonus Plan | |||||||||
(d) | Price(s) and volume(s) |
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(e) | Aggregated information - Aggregated volume - Price | Single Transaction £2,574,999.63 £197,047.01 | |||||||||
(f) | Date of the transaction | 25 March 2024 | |||||||||
(g) | Place of the transaction | Outside a trading venue | |||||||||
Contacts | |
Investor relations | |
David Hancock, VP Finance, Strategy & IR Tim Warrington, Investor Relations Director Rohan Chitale, Investor Relations Director | investors@deliveroo.co.uk |
Media relations | |
Joe Carberry, VP Policy & Communications | joe.carberry@deliveroo.co.uk |
Brunswick Group, Rosie Oddy & Jono Astley | deliveroo@brunswickgroup.com
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Deliveroo (ROO)