TIDMXPS

RNS Number : 4876U

XPS Pensions Group PLC

29 July 2020

29 July 2020

XPS Pensions Group plc

(the "Company")

TRANSACTIONS BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

XPS announces that, on 28 July 2020, Ben Bramhall, Co-Chief Executive Officer and person discharging managerial responsibilities ("PDMR") exercised awards granted on 16 February 2017 under the Company's Performance Share Plan ("PSP") as set out below.

Further details are set out in the below notification, made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1.   Details of PDMR/person closely associated with them ('PCA') 
     ======================================================================== 
 a)   Name                           Ben Bramhall 
===  =============================  ========================================= 
 b)   Position/status                Co-Chief Executive Officer / PDMR 
===  =============================  ========================================= 
 c)   Initial notification/          Initial notification 
       amendment 
===  =============================  ========================================= 
 2.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
===  ======================================================================== 
 a)   Name                           XPS Pensions Group plc 
===  =============================  ========================================= 
 b)   LEI                            2138004Y8OBPJEAACJ11 
===  =============================  ========================================= 
 3.   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 transaction(s) 
       has been conducted 
===  ======================================================================== 
 a)   Description of the financial    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ========================================= 
 b)   Nature of the transaction     Exercise of options awarded under 
                                     the XPS Pensions Group plc Performance 
                                     Share Plan on 16 February 2017. 
===  =============================  ========================================= 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       0.05p      104,373 Ordinary 
                                                   Shares 
                                                 ----------------- 
===  =============================  ========================================= 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ========================================= 
 e)   Date of the transaction       28 July 2020 
===  =============================  ========================================= 
 f)   Place of the transaction       n/a 
===  =============================  ========================================= 
 3.   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 transaction(s) 
       has been conducted 
===  ======================================================================== 
 a)   Description of the financial    Ordinary shares of 0.05 pence each 
       instrument                      ("Ordinary Shares") 
 
                                       ISIN: GB00BDDN1T20 
===  =============================  ========================================= 
 b)   Nature of the transaction     Disposal of ordinary shares in relation 
                                     to the PSP vesting referenced above. 
                                     The proceeds of this disposal were 
                                     used to satisfy fees and tax liabilities 
                                     arising from the vesting. 
===  =============================  ========================================= 
 c)   Price(s) and                    Price(s)   Volume(s) 
       volume(s)                       GBP1.20    49,252 Ordinary Shares 
                                                 ----------------------- 
===  =============================  ========================================= 
 d)   Aggregated information        n/a (single transaction) 
 
       Aggregated volume 
       Price 
===  =============================  ========================================= 
 e)   Date of the transaction       28 July 2020 
===  =============================  ========================================= 
 f)   Place of the transaction       London Stock Exchange (XLON) 
===  =============================  =========================================

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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July 29, 2020 06:04 ET (10:04 GMT)

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