Business
Issue of Equity and PDMR share awards
Issue of Equity and PDMR share awards.
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n\n26 May 2023\n \nAston Martin Lagonda Global Holdings plc\n \nAward of shares under Share Incentive Plan, Director Dealings, Issue of Equity and Total Voting Rights\nAston Martin Lagonda Global Holdings plc (the \"Company\") today announces that applications have been made to the the Financial Conduct Authority (the \"FCA\") and London Stock Exchange plc (the \"London Stock Exchange\") for a total of 1,017,505 ordinary shares of £0.10 each to be admitted to the Official List of the FCA and to trading on the London Stock Exchange's main market for listed securities (\"Admission\") to satisfy an award of free shares to the Company's employees under the Company's Share Incentive Plan (\"SIP\").\nIt is expected that Admission will take effect at 8.00 a.m. on 30 May 2023. The new ordinary shares will be held by Equiniti Share Plan Trustee Limited as trustee of the SIP. Following the allotment and issue, the Company's issued share capital will consist of 728,074,580 ordinary shares. The Company does not hold any shares in treasury. As such the total number of shares in issue with voting rights is 728,074,580.\nThe SIP is an all-employee share plan and the 2023 free share award of 425 ordinary shares is granted to all eligible UK employees including Amedeo Felisa, Chief Executive Officer and Doug Lafferty, Chief Financial Officer. These awards are in-line with the Remuneration Policy approved in 2022 and will be disclosed in the 2023 Directors' Remuneration Report. The details of these PDMR transactions are set out below.\nTotal Voting Rights (TVR)\nThe above figure of 728,074,580 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\n \nNotification of transactions by Directors, Persons Discharging Managerial Responsibilities (\"PDMRs\") and persons closely associated with them\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName\n\n\nAmedeo Felisa\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nChief Executive Officer\n\n\n\n\nb)\n\n\nInitial notification/Ame...