Volution Group plcLSE: FAN

Volution Group: Director/PDMR Shareholding

Oct 15, 2026 at 11:00 AM EDT · Issued by Volution Group plc via RNS

Summary by 6ix AI

Volution Group plc, a designer and manufacturer of indoor air quality products, said Chief Executive Ronnie George and Chief Financial Officer Andy O'Brien exercised vested awards under its Deferred Share Bonus Plan on 13 October 2026. George sold all 39,833 shares at £6.50 each, and O'Brien sold 13,136 of his 27,874 shares at £6.50 each.

Key details

O'Brien sold enough of his bonus plan shares to cover income tax, national insurance and dealing costs. The bonus plan awards had no performance conditions, and nothing was payable on vesting or exercise.
On 13 October 2026 O'Brien also exercised a nil-cost option, meaning no exercise price, under the Long Term Incentive Plan. The award was granted on 13 October 2021 and vested on 13 October 2024. He acquired 69,128 shares and sold 32,578 at £6.42 each to cover income tax, national insurance and dealing costs.
On 14 October 2026 O'Brien transferred the remaining 14,738 bonus plan shares and 36,550 incentive plan shares, 51,288 shares in total, to his wife Rowenna O'Brien for nil consideration.
Under the plan rules, extra shares reflecting dividends paid between grant and vesting were added to the vested awards.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/directorpdmr-shareholding-1623

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Volution Group plc

15 October 2026

Volution Group plc

Transactions under the Company’s Deferred Share Bonus Plan

and Long Term Incentive Plan

Volution Group plc (“Volution” or the “Company”, LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces transactions by Ronnie George, Chief Executive Officer, and Andy O’Brien, Chief Financial Officer, in connection with awards under the Company’s Deferred Share Bonus Plan (DSBP) and, in the case of Andy O’Brien, the Company’s Long Term Incentive Plan (LTIP).

Deferred Share Bonus Plan

Awards granted under the DSBP vested following the end of the applicable deferral period. The awards were not subject to performance conditions, and no consideration was payable on vesting or exercise. Ronnie George sold all the shares acquired, and Andy O’Brien sold sufficient shares to satisfy income tax, national insurance liabilities and dealing costs. The following table shows the number of awards that vested and were exercised, and the number of shares sold by Ronnie George and Andy O’Brien on 13 October 2026:

	Number of DSBP shares vesting 1	Number of shares sold	Price at which each share sold
Ronnie George, Chief Executive Officer	39,833	39,833	£6.50
Andy O’Brien, Chief Financial Officer	27,874	13,136	£6.50

Long Term Incentive Plan

Andy O’Brien exercised a nil-cost option under the LTIP on 13 October 2026 in respect of an award granted on 13 October 2021 which vested on 13 October 2024. He sold sufficient shares to satisfy income tax, national insurance liabilities and dealing costs, with the balance subsequently transferred for nil consideration to Rowenna O’Brien, his wife. Details of the LTIP transaction are set out below:

Name	Number of LTIP shares acquired2	Number of shares sold	Number of shares transferred	Price at which each share sold
Andy O’Brien, Chief Financial Officer	69,128	32,578	36,550	£6.42

Following the DSBP sale, Andy O’Brien transferred the remaining 14,738 shares for nil consideration to Rowenna O’Brien, his spouse, on 14 October 2026. Following the LTIP sale, he transferred the remaining 36,550 shares to Rowenna O’Brien for nil consideration on 14 October 2026.

In accordance with the rules of the DSBP, dividend equivalent shares in respect of the period between grant and vesting were added to the vested share award.

In accordance with the rules of the LTIP, additional shares equal in value to dividends paid during the period between grant and vesting were added to the vested share award.

The attached notifications, made pursuant to Article 19(3) of the UK Market Abuse Regulation, provide further details.

-ends-

Enquiries:

Volution Group plc

Fiona Smith, Company Secretary

Legal Entity Identifier: 213800EPT84EQCDHO768

For more information, please go to: www.volutiongroupplc.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Details of the person discharging managerial responsibilities / person closely associated

Name

Ronnie George

Reason for the notification

Position/status

Chief Executive Officer

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Volution Group plc

LEI

213800EPT84EQCDHO768

Details 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 transactions have been conducted

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 1 pence each

ISIN: GB00BN3ZZ526

Nature of the transaction

Exercise and sale of conditional share award under the Volution Deferred Share Bonus Plan (DSBP).

Price(s) and volume(s)

DSBP:

Price(s)

Volume(s)

Acquisition of shares on exercise of DSBP award.

Sale of Shares.

£Nil

Sale price: £6.50 per share

39,833

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise

Volume: 39,833

Price: £Nil

Sale

Volume: 39,833

Sale Price: £6.50 per share

Date of the transaction

13 October 2026

Place of the transaction

Exercise of the conditional share award: Outside a trading venue (XOFF).
Sale of shares: London Stock Exchange (XLON).

Details of the person discharging managerial responsibilities / person closely associated

Name

Andy O’Brien

Reason for the notification

Position/status

Chief Financial Officer

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Volution Group plc

LEI

213800EPT84EQCDHO768

Details 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 transactions have been conducted

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 1 pence each

ISIN: GB00BN3ZZ526

Nature of the transaction

Exercise of a conditional share award under the Volution Deferred Share Bonus Plan (DSBP), sale of shares to cover tax liabilities and transfer of the remaining shares for nil consideration to Rowenna O’Brien, his spouse.

Price(s) and volume(s)

DSBP:

Price(s)

Volume(s)

Acquisition of shares on exercise of DSBP award.

Sale of shares.

Transfer of remaining shares to Rowenna O’Brien.

£Nil

£6.50 per share

£Nil

27,874

13,136

14,738

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise
Volume: 27,874
Price: £Nil

Sale
Volume: 13,136
Price: £6.50 per share

Transfer
Volume: 14,738
Price: £Nil

Date of the transaction

13 October 2026 (exercise and sale) and 14 October 2026 (transfer)

Place of the transaction

Exercise and transfer of shares: Outside a trading venue (XOFF).
Sale of shares: London Stock Exchange (XLON).

Details of the person discharging managerial responsibilities / person closely associated

Name

Andy O’Brien

Reason for the notification

Position/status

Chief Financial Officer

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Volution Group plc

LEI

213800EPT84EQCDHO768

Details 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 transactions have been conducted

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 1 pence each

ISIN: GB00BN3ZZ526

Nature of the transaction

Exercise of a nil-cost option under the Volution Group plc Long Term Incentive Plan (LTIP), sale of shares to satisfy income tax, national insurance liabilities and dealing costs, and transfer of the remaining shares for nil consideration to Rowenna O’Brien, his spouse.

Price(s) and volume(s)

LTIP:

Price(s)

Volume(s)

Acquisition of shares on exercise of LTIP award.

Sale of shares to satisfy income tax, national insurance liabilities and dealing costs.

Transfer of remaining shares to Rowenna O’Brien.

£Nil

£6.42 per share

£Nil

69,128

32,578

36,550

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise
Volume: 69,128
Price: £Nil

Sale to cover income tax, national insurance liabilities and dealing costs
Volume: 32,578
Price: £6.42 per share

Transfer
Volume: 36,550
Price: £Nil

Date of the transaction

13 October 2026 (exercise and sale) and 14 October 2026 (transfer)

Place of the transaction

Exercise and transfer of shares: Outside a trading venue (XOFF).
Sale of shares: London Stock Exchange (XLON).

Details of the person discharging managerial responsibilities / person closely associated

Name

Rowenna O’Brien

Reason for the notification

Position/status

Person closely associated with Andy O’Brien, Chief Financial Officer

Initial notification /Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Volution Group plc

LEI

213800EPT84EQCDHO768

Details 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 transactions have been conducted

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 1 pence each

ISIN: GB00BN3ZZ526

Nature of the transaction

Acquisition of shares by transfer for nil consideration from Andy O’Brien, a person discharging managerial responsibilities.

Price(s) and volume(s)

DSBP and LTIP:

	Price(s)	Volume(s)
Acquisition of shares by transfer from Andy O’Brien following the exercise of DSBP and LTIP awards.	£Nil	51,288

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Volume: 51,288
Price: £Nil

Date of the transaction

14 October 2026

Place of the transaction

Outside a trading venue

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END

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