DJ SThree: DSH-Director/PDMR Shareholding*
SThree (STEM) SThree: DSH-Director/PDMR Shareholding* 09-March-2023 / 16:15 GMT/BST
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SThree plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them
SThree plc (the 'Company') announces that performance share awards under the Long Term Incentive Plan ("LTIP") were granted on 09 March 2023, for no consideration, to the PDMRs detailed below:
PDMR Position Number of Shares awarded under the LTIP Timo Lehne Chief Executive Officer 159,164 Andrew Beach Chief Financial Officer 116,066
The awards will vest three years after grant date, subject to the performance conditions being met. The net shares released are then subject to a further two-year holding period.
Performance targets and target ranges are set out as follows:
LTIP targets EPS TSR vs. peer Strategic ESG
group
Adjusted One single measure of carbon reduction across scope 1, 2
operating and 3 emissions.
Between 55.8 Between median profit Incremental progress against 2030
pence (25% conversion
ratio milestones
2023-2023 (25% vesting) vesting) and
and 69.0 UQ (100% between 20.0% 1) Scope 1 and 2 reduction: between threshold 35% (25%
(25% vesting) and 45% (100% vesting).
pence (100% vesting).
vesting). vesting) and 2) Scope 3 reduction: between
23.5%
threshold 20% (25% vesting) and 25% (100% vesting).
(100% vesting).
LTIP 50% 20% 20% 10% (5% for each measure)
weighting
The relevant notifications are set out below.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Names Timo Lehne
2. Reason for the notification
a) Position/status Director and Chief Executive Officer
b) Initial notification /Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name SThree plc
b) LEI 2138003NEBX5VRP3EX50
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 Ordinary shares of 1p
Identification code GB00B0KM9T71
b) Nature of the transaction A performance share award granted under the SThree plc
Long Term Incentive Plan
c) Price(s) and volume(s) Price Volume(s)
GBPNil 159,164
d) Aggregated information
- Aggregated volume 159,164
- Price GBPNil
e) Date of the transaction 09/03/2023
f) Place of the transaction Off market
1. Details of the person discharging managerial responsibilities / person closely associated
a) Names Andrew Beach
2. Reason for the notification
a) Position/status Director and 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 SThree plc
b) LEI 2138003NEBX5VRP3EX50
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 Ordinary shares of 1p
Identification code GB00B0KM9T71
b) Nature of the transaction A performance share award granted under the SThree plc
Long Term Incentive Plan
c) Price(s) and volume(s) Price Volume(s)
GBPNil 116,066
d) Aggregated information
- Aggregated volume 116,066
- Price GBPNil
e) Date of the transaction 09/03/2023
f) Place of the transaction Off market
Enquiries:
Bill Warner
Deputy Company Secretary
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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ISIN: GB00B0KM9T71 Category Code: DSH TIDM: STEM LEI Code: 2138003NEBX5VRP3EX50 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 228826 EQS News ID: 1579141 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
March 09, 2023 11:15 ET (16:15 GMT)
