Dr. Martens PLCLSE: DOCS

Dr. Martens: Director/PDMR Shareholding

· Issued by Dr. Martens PLC via RNS

Summary by 6ix AI

A tranche of restricted stock units (rights to receive shares) held by Dr. Martens plc Chief Executive Officer Ije Nwokorie vested (became his to receive as shares) on 15 October 2026. On 16 October 2026, 209,160 of the resulting shares were sold on his behalf to cover his tax and national insurance liabilities.

Key details

  • Ije Nwokorie acquired 443,457 ordinary shares at a nil price on 16 October 2026, outside a trading venue, following the vesting.
  • The 209,160 shares were sold at £0.692483 each on 16 October 2026 on the London Stock Exchange (XLON).
  • The units are part of an award granted on 14 June 2024 under the Long Term Incentive Plan. The award replaced incentive awards he forfeited on leaving his previous employer, and was made to secure his recruitment as Chief Brand Officer, a role he held from February 2024 until he became Chief Executive Officer in January 2025.
  • Dr. Martens plc says full details of awards made to him under the Long Term Incentive Plan will be disclosed in the Directors' Remuneration Report within its FY27 Annual Report, scheduled to be published in June 2027.

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

Dr. Martens plc

Director/PDMR Shareholding

Notification of Transactions by Director/Person Discharging Managerial Responsibility

Dr. Martens plc (the 'Company') announces that it has been notified of the following transaction(s) in the Company's Ordinary 1p shares undertaken on behalf of a director and person discharging managerial responsibility ('PDMR').

On 15 October 2026, a tranche of restricted stock units ('RSUs') granted to Ije Nwokorie under the Company's Long Term Incentive Plan ('LTIP') prior to his appointment as Chief Executive Officer vested and, on 16 October 2026, sufficient shares were sold on his behalf to cover his consequent tax and national insurance liabilities.

This tranche constitutes a portion of the RSU award which was granted to Ije on 14 June 2024 in lieu of outstanding incentive awards he forfeited on leaving his previous employer (the Award). The Award was made pursuant to the buyout arrangements agreed to secure Ije's recruitment to his previous role as Chief Brand Officer, which he held from February 2024 until he became Chief Executive Officer in January 2025, and in line with the stipulations of the Company's Remuneration Policy that 'buyout awards' be granted on a like-for-like basis to the extent possible. Full details of awards made to Ije under the LTIP will be disclosed in the Directors' Remuneration Report within the FY27 Annual Report, scheduled to be published in June 2027.

The relevant notifications, set out below, are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ije Nwokorie

2

Reason for the notification

a)

Position/status

PDMR (Chief Executive Officer)

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Dr. Martens plc

b)

LEI

213800QPT8YM6NQZPH28

4

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

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of GBP 0.01

ISIN: GB00BL6NGV24

b)

Nature of the transaction

Acquisition of shares following vesting of restricted stock units

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

443,457

d)

Aggregated information

-

Aggregated volume

-

Price

N/A - single transaction

e)

Date of the transaction

16 October 2026

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ije Nwokorie

2

Reason for the notification

a)

Position/status

PDMR (Chief Executive Officer)

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Dr. Martens plc

b)

LEI

213800QPT8YM6NQZPH28

4

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

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of GBP 0.01

ISIN: GB00BL6NGV24

b)

Nature of the transaction

Sale of sufficient shares acquired from vesting of restricted stock units to cover tax and national insurance liabilities.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.692483

209,160

d)

Aggregated information

-

Aggregated volume

-

Price

N/A - single transaction

e)

Date of the transaction

16 October 2026

f)

Place of the transaction

XLON

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