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Dr. Martens plc announced on 12 March 2025 that on 11 March 2025, PDMRs Ije Nwokorie (Chief Executive Officer) and Giles Wilson (Chief Financial Officer) conducted share transactions under the Company's Share Incentive Plan. Each PDMR purchased 269 Partnership Shares at 55.79 pence per share and was awarded 269 Matching Shares for no consideration.
| Date | 12 Mar 2025 |
| Time | 14:26:28 |
| Category | Director/PDMR dealings |
| ID | 4223A |
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 March 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 March 2025, the following directors / PDMRs acquired Partnership Shares as a result of their participation in the SIP at a price of 55.79 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 |
269 |
269 |
|
Giles Wilson |
269 |
269 |
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 |
|||||||||||||||||||||
|
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 March 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 March 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