TIDMMORE

RNS Number : 3161C

Hostmore PLC

12 June 2023

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

12 June 2023

Hostmore plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities

Vesting of Restricted Share Award

Hostmore plc (the "Company") announces that the following restricted share award over ordinary shares of 20 pence each in the Company, which was granted to Julie McEwan, a Person Discharging Managerial Responsibilities ("PDMR"), on 30 May 2023 vested on 7 June 2023. T he vesting of the restricted share award was subject to the approval of the Company's new Directors' Remuneration Policy by the requisite proportion of the Company's shareholders at the Company's annual general meeting on 7 June 2023. The Company's new Directors' Remuneration Policy was approved by 99.61% of the votes cast at the annual general meeting.

These shares will be transferred to Julie McEwan by Intertrust Employee Benefit Trustee Limited, the trustee of the Hostmore plc 2021 Employee Benefit Trust, from shares currently held by the Trust.

 
 Participant     Position                   No. of Shares under 
                                             Award 
 Julie McEwan    Chief Executive Officer    185,000 
                -------------------------  --------------------

A two-year holding period applies to the shares.

The grant of the award was made as outlined and in accordance with the Directors' Remuneration Policy published in the Company's annual report and financial statements for the 52-week period ended 1 January 2023.

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Full Name                       Julie McEwan 
     ------------------------------  ----------------------------------------- 
 2.   Reasons for the notification 
     ------------------------------------------------------------------------- 
 a)   Position / status               Chief Executive Officer 
     ------------------------------  ----------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ----------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Full name of the                Hostmore plc 
       entity 
     ------------------------------  ----------------------------------------- 
 b)   Legal Entity Identifier         2138008IAVFFCVTG1L66 
       code 
     ------------------------------  ----------------------------------------- 
 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              Ordinary shares of GBP0.20 each 
       financial instrument 
 
       Identification Code             GB00BMV9MD66 
     ------------------------------  ----------------------------------------- 
 b)   Nature of the transaction       Vesting of restricted share award 
                                       resulting in the acquisition of 185,000 
                                       ordinary shares 
     ------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)                       Price(s)    Volume(s) 
 
                                         Vesting     Nil         185,000 
                                        ---------  ----------  ---------- 
     ------------------------------  ----------------------------------------- 
 d)        Aggregated information     Not Applicable 
             *    Aggregated volume 
 
 
             *    Price 
     ------------------------------  ----------------------------------------- 
 e)   Date of the transaction         7 June 2023 
     ------------------------------  ----------------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  -----------------------------------------

ENQUIRIES

Hostmore plc

Alan Clark, Chief Financial Officer

enquiries@hostmoregroup.com

+44 330 460 5588

Dentons Global Advisors

Jonathon Brill / James Styles

Hostmore@dentonsglobaladvisors.com

Tel: +44 (0)20 7664 509

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END

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June 12, 2023 02:00 ET (06:00 GMT)

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