9 June 2023
FDM GROUP (HOLDINGS) PLC
FDM Group (Holdings) Plc ("FDM" or the "Company"), a global professional services provider with a focus on Information Technology, announces that on 9 June 2023 the PDMRs named below acquired ordinary shares of £0.01 each in the capital of the Company ("Shares"), as follows:
Number of Shares Acquired
Chief Information Officer
Group Governance Director & Company Secretary
The Shares represent an award of "Matching Shares" which the PDMRs were entitled to receive at no cost to them under FDM's all employee "Buy-As-You-Earn Plan" (the "Plan"), and were transferred from FDM's Employee Benefit Trust. The award of the Shares follows their vesting in accordance with the Plan, with the number of Shares representing 33.3% of the number of Shares purchased by each of the PDMRs using their respective monthly contributions made to the Plan in the 2021 calendar year (the "Purchased Shares"). The award was settled net, after deduction of the tax payable by the individuals on the award.
If the Purchased Shares continue to be retained for the required period, the PDMRs will be entitled to receive further awards of "Matching Shares" in respect of the Purchased Shares, as follows:
· 33.33% in 2025; and
· 33.33% in 2027.
The notification below provides further information about these transactions.
Details of the person discharging managerial responsibilities / person closely associated
(i) Jonathan Young
(ii) Mark Heather
Reason for the notification
(i) Chief Information Officer (PDMR)
(ii) Group Governance Director and Company Secretary (PDMR)
Initial notification / Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
FDM Group (Holdings) Plc
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
Ordinary shares of £0.01 each
Nature of the transaction
Acquisition of ordinary shares of £0.01 each in the Company pursuant to the vesting of an award of Matching Shares under the Company's Buy-As-You-Earn Plan.
Price(s) and volume(s)
- Aggregated Volume
Date of the Transaction
9 June 2023
Place of the Transaction
Outside a trading venue
Mark Heather, Company Secretary 020 3056 8240