Business
Share Options Awarded
LPA Group PLC has announced the award of share options under its Performance Share Plan 2023 to its CEO and CFO. The CEO received 197,500 options at an exercise price of 52p, bringing their total holdings to 495,000, while the CFO was awarded 125,000 options at the same price, resulting in a total of 320,000 options. These options are exercisable from April 2, 2029, contingent upon meeting specific earnings per share and market capitalization performance hurdles, and are subject to a one-year holding period post-vesting, as well as clawback and malus provisions. Disclaimer*
About this update from Lpa Group Plc
02 April 2026 LPA GROUP PLC ("LPA", the "Company" or the "Group") Share Options Awarded LPA Group plc, the innovation-led engineering specialist in developing and manufacturing electronic and electro-mechanical components and systems, announces the award of share options over ordinary shares in the Company (the "Share Options") under the LPA Group plc Performance Share Plan 2023 ("PSP 2023") to the following directors (the "Award Holders"), as follows: Director Position Number of Options Exercise Price Total Number of Options held following this award Philo Daniel-Tran CEO 197,500 52p 495,000 Stuart Stanyard CFO 125,000 52p 320,000 Under the terms of the PSP 2023, the Share Options are exercisable from 02 April 2029 subject to three increasingly targeted performance hurdles which are related to earnings per share and market capitalisation. Following vesting there is a one year holding period. The Share Options are subject to clawback and malus provisions. For further information, please contact: LPA Group plc Robert B Horvath, Chairman Philo Daniel-Tran, Chief Executive Officer Stuart Stanyard, Chief Financial Officer Tel: +44 (0) 1799 512800 www.lpa-group.com Cavendish Capital Markets Limited (Nominated Adviser & Broker) Corporate Finance Ed Frisby / Elysia Bough / Joe Smith Corporate Broking Ella Bedford Tel: +44 (0) 20 7220 0500 About LPA LPA Group plc (AIM: LPA) is an innovation-led engineering specialist in developing and manufacturing electronic and electro-mechanical components and systems. Focused on transport (rail and aviation), aerospace, defence, infrastructure and industrial markets and supplying into hostile and challenging environments, LPA is known for engineering solutions to improve product reliability, reducing maintenance and life cycle costs. The Group has four sites across the UK, selling to customers in the UK and overseas. Three of these are design and manufacturing sites: Saffron Walden, Essex - electro-mechanical systems for rail, aviation and industrial; Knapwell, Cambridge - power supplies for the rail market, Normanton, Yorkshire - LED lighting and electronic systems for rail and infrastructure. The fourth site is Newbury, Berkshire - value-added distribution of engineered components for rail, aerospace and defence. With over 150 years of UK design and manufacture, and with origins in the first ever light installed in 'Electric Avenue', Brixton; innovation is core to LPA and to the products and services supplied to our customers worldwide. For more information visit www.lpa-group.com The information below (set out in accordance with the requirements of UK Market Abuse Regulation) provides further detail: 1 Details of the person discharging managerial responsibilities/person closely associated a) Name a) Philo Daniel-Tran b) Stuart Stanyard 2 Reason for the notification a) Position/status a) CEO b) CFO b) Initial notification /Amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name LPA Group plc b) LEI 2138007S67YLDN6CEF21 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 10p each GB0007320806 b) Nature of the transaction Issue of Options c) Price(s) and volume(s) Exercise Price(s) Volume(s) 52p 52p 197,500 125,000 d) Aggregated information - Aggregated volume - Price 322,500 52p e) Date of the transaction 02 April 2026 f) Place of the transaction Outside a trading venue g) Additional Information N/A