Nucleus Financial Group PLC Grant of long term incentive awards (5261N)
May 20 2020 - 9:44AM
UK Regulatory
TIDMNUC
RNS Number : 5261N
Nucleus Financial Group PLC
20 May 2020
20 May 2020
Nucleus Financial Group plc
("Nucleus" or the "Company")
Grant of long term incentive awards to Executive Directors and
other Persons Discharging Managerial Responsibility ("PDMRs")
Director/ PDMR shareholding
Nucleus announces that, on 19 May 2020, it granted long term
incentive awards in the form of nil-cost options (the "Awards")
over its ordinary shares of 0.1 pence each ("Shares") to the
Executive Directors and other PDMRs set out below under the terms
of its Long Term Incentive Plan (the "LTIP") that was established
at the time of its original admission to AIM.
PDMR Role No. of shares over which awards were granted
David Ferguson Chief Executive Officer 311,715
-------------------------- ---------------------------------------------
Stuart Geard Chief Finance Officer 233,000
-------------------------- ---------------------------------------------
Barry Neilson Chief Customer Officer 127,908
-------------------------- ---------------------------------------------
Andrew Smith Chief Technology Officer 139,172
-------------------------- ---------------------------------------------
Kirsty Lynagh Chief People Officer 103,029
-------------------------- ---------------------------------------------
The vesting of each of the Awards is subject to the satisfaction
of performance conditions that will be measured over prescribed
three-year periods and which relate to the achievement of targets
applicable to earnings per share, net-inflow of assets under
administration and total shareholder return. Vesting will also
normally be dependent on the continued employment of the
participant within the Company's group.
The following notifications are intended to satisfy the
Company's obligations under Article 19(3) of EU Regulation No
596/2014 (the Market Abuse Regulation).
Notification of transactions of persons discharging managerial
responsibilities and persons closely associated with them
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. David Ferguson
2. Stuart Geard
3. Barry Neilson
4. Andrew Smith
5. Kirsty Lynagh
------------------------------ --------------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------------
a) Position / status 1. Chief Executive Officer
2. Chief Finance Officer
3. Chief Customer Officer
4. Chief Technology Officer
5. Chief People Officer
------------------------------ --------------------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Nucleus Financial Group plc
-------------------------------- ------------------------------------------------
b) LEI 213800MAIAI3M7LM5950
-------------------------------- ------------------------------------------------
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
----------------------------------------------------------------------------------
c) Description of Ordinary shares of 0.1p each
the financial
instrument ISIN: GB00BG226J60
------------------------------ --------------------------------------------------
d) Nature of the Grant of awards (in the form of nil-cost
transaction options) over Shares pursuant to the Company's
Long Term Incentive Plan
------------------------------ --------------------------------------------------
e) Price(s) and volume(s) Price(s) Volume(s)
1. Nil 1. 311,715
2. Nil 2. 233,000
3. Nil 3. 127,908
4. Nil 4. 139,172
5. Nil 5. 103,029
------------
------------------------------ --------------------------------------------------
f) Aggregated information 1. N/A single transaction
2. N/A single transaction
Aggregated volume 3. N/A single transaction
4. N/A single transaction
Price 5. N/A single transaction
------------------------------ --------------------------------------------------
g) Date of the transaction 19 May 2020
------------------------------ --------------------------------------------------
h) Place of the transaction Outside a trading venue
------------------------------ --------------------------------------------------
For further information please contact:
Nucleus
Stuart Geard, Chief Financial Officer Tel: +44 (0)13 1226
9800
Shore Capital (Nominated Adviser and Broker)
Hugh Morgan Tel: +44 (0)20 7408 4090
Edward Mansfield
Daniel Bush
Camarco (Media enquiries)
Jennifer Renwick Tel: +44 (0)20 3757 4994
Jake Thomas
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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