Director/PDMR Shareholding
Date: 22 May 2023
Future plc
(the "Company")
Director/PDMR holding
Performance Share Plan (PSP)
On 19 May 2023, in accordance with the provisions of the Company's approved Remuneration Policy an award was made over the following nil-cost options over Ordinary Shares of 15p each ("Shares") under the terms of the Future plc 2023 Performance Share Plan ("PSP"). This award will normally vest on the third anniversary of grant. The award under the PSP is subject to performance conditions (as set out on page 104 of the Company's Annual Report & Accounts for FY2022) and a holding period applies to the Executive Directors from the vesting date in respect of any Shares which vest under this award.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Jon Steinberg
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
|
Chief Executive Officer (PDMR) | |||
b)
| Initial notification /Amendment
|
Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
|
Future plc | |||
b)
| LEI
|
213800K2581YRLEXV353 | |||
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 | ||||
Ordinary shares of 15p each | |||||
Identification code | GB00BYZN9041 | ||||
b)
| Nature of the transaction
| Grant of nil cost options over Future plc ordinary shares under the PSP. The award will vest on the third anniversary of the date of grant, subject to the same performance condition, relating to the company's adjusted EPS for the year ended 30 September 2025, as is set out on page 104 of the company's annual report & accounts for FY2022 . | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 79,545 | ||||
d)
| Aggregated information | N/A (single transaction) | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 19 May 2023 | |||
f)
| Place of the transaction
| London | |||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.