Business
Director/PDMR Shareholding and Total Voting Rights
Director/PDMR Shareholding and Total Voting Rights.
About this update from Triad Group Plc
[{"type":"text","content":"\n\n \nLegal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84\n1 April 2025\n \n \nTriad Group Plc\n(\"Triad\" or the \"Company\")\n \nVesting of Restricted Share Units\n \nNotification of Transactions by Persons Discharging Managerial Responsibilities (\"PDMRs\")\n \n \nThe Company announces the vesting of 750,000 Restricted Share Units (\"RSU\") awards with respect to the ordinary shares in the capital of the Company (\"Ordinary Shares\"), including to persons discharging managerial responsibilities (\"PDMRs\"), under the Triad Employee Share Incentive Plan.\n \nThe grant of RSU awards had each been approved by shareholders at the Company's General Meeting on 25 March 2022. Each RSU that vested represents the right to receive payment of one Ordinary Share. The RSUs were conditional on the satisfaction of performance conditions, which the Board has confirmed have all been successfully met.\n \nAccordingly, allotment of 60,000 Ordinary Shares each has been made to three Executive Directors of the Company, Adrian Leer (Managing Director), Tim Eckes (Client Services Director), and James McDonald (Finance Director and Company Secretary). Immediately upon delivery of the shares, the PDMR's holdings will be as follows:\n \n\n\n\n\nDirector / PDMR\n\n\nNumber of RSUs granted in 2022\n\n\nRevised shareholding\n\n\n% of issued share capital\n\n\n\n\nAdrian Leer\n\n\n60,000\n\n\n365,379\n\n\n2.10%\n\n\n\n\nTim Eckes\n\n\n60,000\n\n\n180,374\n\n\n1.04%\n\n\n\n\nJames McDonald\n\n\n60,000\n\n\n87,600\n\n\n0.50%\n\n\n\n\n \nAwards granted to Executive Directors are subject to a holding period consistent with the Company's Remuneration Policy. Details of the Remuneration Policy can be found in the Annual Report and Accounts.\n \nAdmission and Total Voting Rights\nFollowing the vesting of the RSU awards, Application has been made to the London Stock Exchange for the 750,000 new Ordinary Shares to be admitted to trading on the Official List (\"Admission\"). It is expected that Admission will become effective at 8.00 a.m. on or around 2 April 2025.\n \nFollowing Admission, the total number of Ordinary Shares and voting rights in the Company will be 17,420,388. There are no Shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by w...