Business
PDMR LTIP Awards
PDMR LTIP Awards.
About this update from Victorian Plumbing Group Plc
[{"type":"text","content":"\n \n \n \n 24 February 2023\n \n \n \n \n \n \n \n \n \n Victorian Plumbing Group plc\n \n \n \n (\"Victorian Plumbing\" or the \"Group\")\n \n \n \n \n \n \n \n \n PDMR LTIP Awards\n \n \n \n \n \n \n Victorian Plumbing Group plc (AIM: VIC), the UK's leading online specialist bathroom retailer, \n makes the following announcement in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (596/2014EU), which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, in respect of ordinary shares of 0.001 each in the capital of Victorian Plumbing Group plc. \n \n \n \n \n \n On 22 February 2023, awards over shares (the \"Awards\") were made under the Victorian Plumbing Group plc Long Term Incentive Plan (the \"LTIP\"), consequently, the share interests of the under-noted directors and persons discharging managerial responsibility have changed following the making of the Awards.\n \n \n \n \n \n The Awards for the LTIP, made for nil consideration, are nil-cost options established in accordance with the rules of the shareholder approved plan and vesting is subject to an adjusted earnings per share (\"EPS\") target, measured over the three year performance period ending 30 September 2025. A two year holding period will apply following the vesting date.\n \n \n \n \n \n \n \n \n \n D\n irector/PDMR\n \n \n \n \n Role\n \n \n \n \n Number of shares over which Awards are made\n \n \n \n \n \n \n Mark Radcliffe\n \n \n \n \n Chief Executive Officer\n \n \n \n \n 661,725\n \n \n \n \n \n \n Paul Meehan\n \n \n \n \n Chief Financial Officer\n \n \n \n \n 208,443\n \n \n \n \n \n \n \n \n \n There were 325,227,984 shares in issue at the time of this notification (not including those shares which may be issued in accordance with these awards).\n \n \n \n \n \n \n \n \n \n 1.\n \n \n \n \n \n Details of PDMR\n \n \n \n \n \n \n \n (a)\n \n \n \n \n Name\n \n \n \n \n MARK RADCLIFFE\n \n \n PAUL MEEHAN\n \n \n \n \n \n \n 2.\n \n \n \n \n \n Reason for notification\n \n \n \n \n \n \n \n (a)\n \n \n \n \n Position/Status\n \n \n \n \n MARK RADCLIFFE - CHIEF EXECUTIVE OFFICER\n \n \n PAUL MEEHAN - CHIEF FINANCIAL OFFICER\n \n \n \n \n \n \n (b)\n \n \n \n \n Initial notification / amendme...