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Dr. Martens plc announced on August 14, 2023, that its CEO, Kenny Wilson, and CFO, Jon Mortimore, participated in the Company's Share Incentive Plan. On August 11, 2023, each purchased 97 ordinary shares at a price of 154.3 pence per share and were simultaneously awarded 97 matching shares for no consideration.
| Date | 14 Aug 2023 |
| Time | 15:21:18 |
| Category | Director/PDMR dealings |
| ID | 2679J |
Dr. Martens plc (the 'Company')
Director/PDMR Shareholding
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility
The Company announces that it was notified on 14 August 2023 of the following transactions in the Company's Ordinary 1p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs') under the Company's Share Incentive Plan ('SIP').
The SIP is an HMRC approved, all-employee scheme under which participating employees are able to purchase shares in the Company from monthly salary ('Partnership Shares') and receive allocations of free 'Matching Shares', awarded at a rate of one Matching Share for every one Partnership Share purchased by a participating employee, from the Company.
On 11 August 2023, the following directors / PDMRs acquired Partnership Shares as a result of their participation in the SIP at a price of 154.3p pence per share and were granted allocations of Matching Shares (for no consideration) in the quantities set out in the table below:
|
Director / PDMR |
Number of Partnership Shares purchased |
Number of |
|
Kenny Wilson |
97 |
97 |
|
Jon Mortimore |
97 |
97 |
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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|
a) |
Name |
Kenny Wilson |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR (Chief Executive Officer) |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Dr. Martens plc |
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|
b) |
LEI |
213800QPT8YM6NQZPH28 |
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|
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 GBP 0.01
|
||||||||||||||||||||
|
b) |
Nature of the transaction |
1. Purchase of Partnership Shares under the SIP 2. Award of Matching Shares under the SIP |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information
|
|
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|
e) |
Date of the transaction |
11 August 2023 |
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|
f) |
Place of the transaction |
1. London Stock Exchange (XLON) 2. Outside of a trading venue |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||||||
|
a) |
Name |
Jon Mortimore |
||||||||||||||||||||
|
2 |
Reason for the notification |
|||||||||||||||||||||
|
a) |
Position/status |
PDMR (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 |
Dr. Martens plc |
||||||||||||||||||||
|
b) |
LEI |
213800QPT8YM6NQZPH28 |
||||||||||||||||||||
|
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 GBP 0.01
|
||||||||||||||||||||
|
b) |
Nature of the transaction |
3. Purchase of Partnership Shares under the SIP 4. Award of Matching Shares under the SIP |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information
|
|
||||||||||||||||||||
|
e) |
Date of the transaction |
11 August 2023 |
||||||||||||||||||||
|
f) |
Place of the transaction |
1. London Stock Exchange (XLON) 2. Outside of a trading venue |
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For further information please contact:
Rebecca Flaherty
Company Secretarial Assistant
+44(0)7570 309775