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Dr. Martens plc announced on 12 February 2025 that it was notified of share transactions by two PDMRs. On 11 February 2025, CEO Ije Nwokorie and CFO Giles Wilson each purchased 207 ordinary shares at 72.50 pence per share and were awarded 207 matching shares for no consideration, all under the Company's Share Incentive Plan.
| Date | 12 Feb 2025 |
| Time | 16:35:08 |
| Category | Director/PDMR dealings |
| ID | 9060W |
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 12 February 2025 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 February 2025, the following directors / PDMRs acquired Partnership Shares as a result of their participation in the SIP at a price of 72.50 pence per share and were granted an allocation of Matching Shares (for no consideration) in the quantity set out in the table below:
|
Director / PDMR |
Number of Partnership Shares purchased |
Number of |
|
Ije Nwokorie |
207 |
207 |
|
Giles Wilson |
207 |
207 |
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 |
Ije Nwokorie |
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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 |
|||||||||||||||||||||
|
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 |
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|
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 February 2025 |
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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 |
Giles Wilson |
||||||||||||||||||||
|
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 |
1. Purchase of Partnership Shares under the SIP 2. Award of Matching Shares under the SIP |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information
|
|
||||||||||||||||||||
|
e) |
Date of the transaction |
11 February 2025 |
||||||||||||||||||||
|
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:
Zhwan Woof
Secretariat Assistant
+44(0)7584 254 518