Business
GRANTS UNDER THE RASPBERRY PI 2024 LTIP
GRANTS UNDER THE RASPBERRY PI 2024 LTIP.
About this update from Raspberry Pi Holdings Plc
[{"type":"text","content":"\n\n17 June 2024\n \n \nRaspberry Pi Holdings plc\n(\"Raspberry Pi\" or \"the Company\")\n \nLEI: 984500F5FB0E4FEBED17\n \nNOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (\"PDMRS\") AND PERSONS CLOSELY ASSOCIATED WITH THEM\nGRANTS UNDER THE RASPBERRY PI 2024 LONG TERM INCENTIVE PLAN (\"LTIP\")\n \nThe Company announces that on 11 June 2024 the following PDMRS were granted awards under the Company's LTIP. Details of the awards are set out below.\n \nThe awards were granted in the form of market value options and nil-cost options and will vest, subject to continued employment, on the third anniversary of the grant date. No consideration was paid for any of the awards. The following amounts are payable upon exercise of the awards:\n1) market value options, a per share exercise price of £2.80;\n2) nil-cost options, no consideration.\n \nSummary of awards\n\n\n\n\nDirector / PDMR\n\n\nNumber of shares in market value option\n\n\n\n\nEben Upton\n\n\n529,512\n\n\n\n\nRichard Boult\n\n\n540,267\n\n\n\n\nMichael Buffham\n\n\n132,434\n\n\n\n\nGordon Hollingworth\n\n\n264,868\n\n\n\n\nJames Adams\n\n\n264,868\n\n\n\n\n \n\n\n\n\n PDMR\n\n\nNumber of shares in nil-cost option\n\n\n\n\nCarol Copland\n\n\n253,773\n\n\n\n\n \nAnnouncement authorised for release by Carol Copland, Company Secretary.\n \nThis announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.\n\n\n \n \n\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\nEben Upton\n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nExecutive Director\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial Notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nRaspberry Pi Holdings plc\n\n\n\n\nb)\n\n\nLEI\n\n\n984500F5FB0E4FEBED17\n\n\n\n\n4\n\n\nDetails 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 transacti...