Business
Award Exercise, Voting Rights & Director Dealing
Award Exercise, Voting Rights & Director Dealing.
About this update from Anpario Plc
[{"type":"text","content":"\n\nAnpario plc\n(\"Anpario\" or the \"Company\")\n \nExercise of PSP Award, Total Voting Rights and Director Dealing\n \n \nExercise of PSP Award\nAnpario (AIM: ANP), the independent manufacturer of natural sustainable animal feed additives for health, nutrition and biosecurity, announces that on 31 March 2025, awards originally granted on 23 March 2022 pursuant to the Company's Performance Share Plan (\"2022 PSP Award\") vested and became exercisable by participating individuals.\n \nThe 2022 PSP Award vested at 48.3% of the maximum award, based on the final assessment of the target performance conditions as set out below:\n \n\n\n\n\nPerformance condition\n\n\nWeighting\n\n\nFinal outcome\n\n\n\n\nDiluted adjusted earnings per share\n\n\n75%\n\n\n23.3%\n\n\n\n\nReductions in carbon intensity\n\n\n15%\n\n\n15%\n\n\n\n\nOther ESG objectives\n\n\n10%\n\n\n10%\n\n\n\n\nTotal\n\n\n100%\n\n\n48.3%\n\n\n\n\n \nAs a result of the vesting of the 2022 PSP Award, a total of 26,310 new ordinary shares of 23 pence each in the Company (\"Shares\") will be issued and allotted to the Anpario plc Employees' Share Trust (the \"Trust\"). The Trust will then satisfy the vested awards to the participants of the PSP scheme pursuant to the future exercises by individuals. \n \nTotal Voting Rights\nApplication has been made to the London Stock Exchange for admission to trading on AIM of the 26,310 Shares, with admission expected to become effective on 4 April 2025 (\"Admission\"). Upon Admission, these new Shares will rank pari passu in all respects with the existing Shares in issue.\n \nFollowing Admission, the Company's total issued share capital will be 20,474,241 Shares. Therefore, the total number of voting rights in the Company is 20,474,241. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \nDirector Dealing\nAnpario further announces that it was notified on 1 April 2025 that, on the same day, Marc Wilson, Group Finance Director of the Company:\n \n1. exercised his vested award pursuant to the above 2022 PSP Award, will be allotted 13,964 Shares from the Trust; a...