Phoenix Group Holdings plc
(the "Company")
Grant of Awards under the
Phoenix Group Holdings plc Deferred Bonus Share Scheme (the
"DBSS") and the the Phoenix Group Holdings plc Long Term
Incentive Plan (the "LTIP")
The Company announces that on 28
March 2024 the following Persons Discharging Managerial
Responsibilities "PDMRs" were granted awards over Ordinary Shares
of £0.10 each in the Company under the DBSS and LTIP schemes. The
number of shares was calculated using a market price of £5.3587,
being the average market share price for the three days preceding
the award date.
DBSS
Name
|
Date
of Grant
|
Number of shares subject to award
|
Vesting Date
|
Date
Exercisable
|
Andy Briggs
|
28.03.24
|
114,513
|
28.03.27
|
28.03.27-28.09.27
|
Rakesh Thakrar
|
28.03.24
|
64,326
|
28.03.27
|
28.03.27-28.09.27
|
Andy Curran
|
28.03.24
|
63,261
|
28.03.27
|
28.03.27-28.09.27
|
Mike Eakins
|
28.03.24
|
92,466
|
28.03.27
|
28.03.27-28.09.27
|
Anna Franekova
|
28.03.24
|
36,202
|
28.03.27
|
28.03.27-28.09.27
|
Claire Hawkins
|
28.03.24
|
36,389
|
28.03.27
|
28.03.27-28.09.27
|
Brid Meaney
|
28.03.24
|
45,999
|
28.03.27
|
28.03.27-28.09.27
|
Jackie Noakes
|
28.03.24
|
48,425
|
28.03.27
|
28.03.27-28.09.27
|
Jonathan Pears
|
28.03.24
|
26,872
|
28.03.27
|
28.03.27-28.09.27
|
Sara Thompson
|
28.03.24
|
36,389
|
28.03.27
|
28.03.27-28.09.27
|
Quentin Zentner
|
28.03.24
|
30,137
|
28.03.27
|
28.03.27-28.09.27
|
The above awards were granted as nil
cost options and were granted in respect of the deferred bonus for
the 2023 financial year.
LTIP
Name
|
Date
of Grant
|
Performance Award Number of Shares
|
Vesting Date
|
Date
Exercisable
|
Andy Briggs
|
28.03.24
|
433,373
|
28.03.27
|
28.03.29-28.03.34
|
Rakesh Thakrar
|
28.03.24
|
188,254
|
28.03.27
|
28.03.29-28.03.34
|
Andy Curran
|
28.03.24
|
145,896
|
28.03.27
|
28.03.29-28.03.34
|
Mike Eakins
|
28.03.24
|
123,842
|
28.03.27
|
28.03.29-28.03.34
|
Anna Franekova
|
28.03.24
|
62,769
|
28.03.27
|
28.03.29-28.03.34
|
Claire Hawkins
|
28.03.24
|
64,466
|
28.03.27
|
28.03.29-28.03.34
|
Brid Meaney
|
28.03.24
|
120,449
|
28.03.27
|
28.03.29-28.03.34
|
Jackie Noakes
|
28.03.24
|
123,842
|
28.03.27
|
28.03.29-28.03.34
|
Jonathan Pears
|
28.03.24
|
62,769
|
28.03.27
|
28.03.29-28.03.34
|
Sara Thompson
|
28.03.24
|
64,466
|
28.03.27
|
28.03.29-28.03.34
|
Quentin Zentner
|
28.03.24
|
62,769
|
28.03.27
|
28.03.29-28.03.34
|
The above awards were granted as nil
cost options which are subject to critieria relating to the
Company's performance over the three-year performance period. The
vested shares will be subject to a two-year holding period
following the end of the performance period.
Notification and public disclosure of transactions by persons
discharging managerial
The Notification of Dealing Forms
for each PDMR can be found below. This announcement is made in
accordance with the UK Markets Abuse Regulation (Regulation (EU)
596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Andy Briggs
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group 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
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
114,513
|
b.
|
Nil
|
433,373
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
547,886
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Rakesh Thakrar
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group Chief Financial
Officer
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
64,326
|
b.
|
Nil
|
188,254
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
252,580
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Andy Curran
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive, Savings &
Retirement, UK & Europe
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
63,261
|
b.
|
Nil
|
145,896
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
209,157
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Michael Eakins
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group Chief Investment Officer
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
92,466
|
b.
|
Nil
|
123,842
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
216,308
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Anna Franekova
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Corporate Development
Director
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
36,202
|
b.
|
Nil
|
62,769
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
98,971
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Claire Hawkins
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Director of Corporate Affairs & Investor
Relations
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
36,389
|
b.
|
Nil
|
64,466
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
100,855
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Brid Meaney
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive, Heritage
Division
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
45,999
|
b.
|
Nil
|
120,449
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
166,448
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Jackie Noakes
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group Chief Operating
Officer
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
48,425
|
b.
|
Nil
|
123,842
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
172,267
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public
disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with
them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Jonathan Pears
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group Chief Risk Officer
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
26,872
|
b.
|
Nil
|
62,769
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
89,641
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Sara Thompson
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Group HR Director
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
36,389
|
b.
|
Nil
|
64,466
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
100,855
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Quentin Zentner
|
2
|
Reason for the notification
|
a)
|
Position/status
|
General Counsel
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Phoenix Group Holdings plc
|
b)
|
LEI
|
2138001P49OLAEU33T68
|
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
|
Phoenix Group Holdings plc Ordinary Shares of
£0.10
GB00BGXQNP29
|
b)
|
Nature of the transaction
|
a. Grant of
an Award at nil cost option under the Company's 2024 Deferred Bonus
Share Scheme
b. Grant of
Awards at nil cost option under the Company's 2024 Long Term
Incentive Plan
|
c)
|
Price(s) and volume(s)
|
Item
|
Price(s)
|
Volume(s)
|
a.
|
Nil
|
30,137
|
b.
|
Nil
|
62,769
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
92,906
Nil
|
e)
|
Date of the transaction
|
28 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|