DJ WICKES GROUP PLC: Director/PDMR Shareholding
WICKES GROUP PLC (WIX) WICKES GROUP PLC: Director/PDMR Shareholding 03-Apr-2023 / 16:37 GMT/BST
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Wickes Group PLC
(the 'Company')
Notifications of transactions by Persons Discharging Managerial
Responsibilities ('PDMRs')
The Company announces that on 31 March 2023 (the 'Grant Date') the following awards in respect of ordinary shares of 10 pence each in the Company ('Shares') were made by way of nil cost option under the Wickes Deferred Annual Bonus Plan (the 'DABP') and the Wickes Long Term Incentive Plan (the 'LTIP') to PDMRs as set out below.
The number of shares subject to the options awarded has been calculated using a share price of 135.24 pence, being the average of the closing market prices of the Company's Shares on the five dealing days immediately preceding the Grant Date.
Number of Option
Price
Award PDMR Shares
under option
DABP David Wood 8,158 nil
DABP Mark George 2,534 nil
LTIP David Wood 682,802 nil
LTIP Mark George 432,564 nil
The options under the DABP will vest on 31 March 2026.
The options under the LTIP will vest on 31 March 2026 subject to the achievement of performance conditions. Vested options will be subject to a two year holding period.
If options vest they will normally be exercisable until the tenth anniversary of the Grant Date.
In the event that dividends are paid in the period between the Grant Date and the normal vesting date (or, where Shares under an option are subject to a holding period, the earlier of the date of expiry of the holding period or the date of exercise of the option), the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.
This Notification is made in accordance with the requirements of the UK Market Abuse Regulation. The Notification of Dealing Forms for each PDMR can be found below.
For further information please contact:
Julia Herd
Deputy Company Secretary
Tel: (44) 7552 211056
Notification of Dealing Forms
1 Details of the person discharging managerial responsibilities/ person closely associated
a) Name David Wood
2 Reason for the notification
a) Position/Status PDMR
b) Initial notification/Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer
3
or auction monitor
a) Name Wickes Group plc
b) LEI 213800IEX9ZXJRAOL133
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
4 each type of transaction; (iii) each date; and; (iv) each place where transaction have been
conducted
Description of the financial Ordinary Shares of 10 pence each
instrument,
a)
type of instrument
Identification code ISIN: GB00BL6C2002
b) Nature of the transaction Grant of options under the Wickes Deferred Annual Bonus Plan and the
Wickes Long Term Incentive Plan
Price(s) Volume(s)
c) Price(s) and volume (s)
DABP 8,158
GBP1.3524
LTIP 682,802
Aggregated information
Aggregate Aggregate Aggregate
d)
-Aggregated volume Price Volume Total
-Price GBP1.3524 690,960 GBP934,454.30
e) Date of the transaction 31 March 2023
f) Place of the transaction XLON
1 Details of the person discharging managerial responsibilities/ person closely associated
a) Name Mark George
2 Reason for the notification
a) Position/Status PDMR
b) Initial notification/Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer
3
or auction monitor
a) Name Wickes Group plc
b) LEI 213800IEX9ZXJRAOL133
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
4 each type of transaction; (iii) each date; and; (iv) each place where transaction have been
conducted
Description of the financial Ordinary Shares of 10 pence each
instrument,
a)
type of instrument
Identification code ISIN: GB00BL6C2002
b) Nature of the transaction Grant of options under the Wickes Deferred Annual Bonus Plan and the
Wickes Long Term Incentive Plan
Price(s) Volume(s)
c) Price(s) and volume (s)
DABP 2,534
GBP1.3524
LTIP 432,564
Aggregated information
Aggregate Aggregate Aggregate
d)
-Aggregated volume Price Volume Total
-Price GBP1.3524 435,098 GBP588,426.54
e) Date of the transaction 31 March 2023
f) Place of the transaction XLON
----------------------------------------------------------------------------------------------------------------------- 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: GB00BL6C2002 Category Code: DSH TIDM: WIX LEI Code: 213800IEX9ZXJRAOL133 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 234619 EQS News ID: 1600105 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
April 03, 2023 11:38 ET (15:38 GMT)
