t
On August 9, 2023, Domino's Pizza Group plc granted long-term incentive awards to its Chief Executive Officer, Andrew Rennie, and Chief Financial Officer, Edward Jamieson. Andrew Rennie received a conditional award of 381,585 ordinary shares at nil cost and premium priced options over 2,993,518 shares with an option price of 541 pence per share. Edward Jamieson was granted premium priced options over 704,925 shares, also with an option price of 541 pence per share.
| Date | 10 Aug 2023 |
| Time | 14:38:01 |
| Category | Director/PDMR dealings |
| ID | 9670I |
Domino's Pizza Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (in accordance with the Market Abuse Regulations)
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Andrew Rennie |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification/Amendment |
Initial Announcement |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Domino's Pizza Group plc |
||||
|
b) |
LEI |
213800Q6ZKHAOV48JL75 |
||||
|
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 25/48 pence each in Domino's Pizza Group plc
GB00BYN59130 |
||||
|
b) |
Nature of the transaction |
Grant of conditional award by the Company under the Long-term Incentive Plan over 381,585 shares. Subject to performance and continued service, normally vests after 3 years.
The performance conditions comprise a total shareholder return component and an underlying earnings per share component measured independently of each other.
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
381,585
Nil |
||||
|
e) |
Date of the transaction |
9 August 2023 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Andrew Rennie |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification/Amendment |
Initial Announcement |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Domino's Pizza Group plc |
||||
|
b) |
LEI |
213800Q6ZKHAOV48JL75 |
||||
|
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 25/48 pence each in Domino's Pizza Group plc
GB00BYN59130 |
||||
|
b) |
Nature of the transaction |
Grant of Premium Priced Options awarded by the Company under the Long-term Incentive Plan 2022 over 2,993,518 shares. Subject to continued service and meeting an EPS underpin performance condition, the award normally vests in three equal tranches after 3 years, 4 years and 5 years from the date of grant and will be delivered in the form of Stock Appreciation Rights.
The option price is 541 pence per share, being at a 33% premium to the Company's share price averaged over the five trading days immediately prior to the date of grant.
|
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
2,993,518 Nil |
||||
|
e) |
Date of the transaction |
9 August 2023 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Edward Jamieson |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification/Amendment |
Initial Announcement |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Domino's Pizza Group plc |
||||
|
b) |
LEI |
213800Q6ZKHAOV48JL75 |
||||
|
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 25/48 pence each in Domino's Pizza Group plc
GB00BYN59130 |
||||
|
b) |
Nature of the transaction |
Grant of Premium Priced Options awarded by the Company under the Long-term Incentive Plan 2022 over 704,925 shares. Subject to continued service and meeting an EPS underpin performance condition, the award normally vests in three equal tranches after 3 years, 4 years and 5 years from the date of grant and will be delivered in the form of Stock Appreciation Rights.
The option price is 541 pence per share, being at a 33% premium to the Company's share price averaged over the five trading days immediately prior to the date of grant. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
704,925 Nil |
||||
|
e) |
Date of the transaction |
9 August 2023 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
Enquiries:
Adrian Bushnell, Company Secretary + 44 (0) 1908 580000
About Domino's Pizza Group
Domino's Pizza Group plc is the UK's leading pizza brand and a major player in the Irish market. We hold the master franchise agreement to own, operate and franchise Domino's stores in the UK and the Republic of Ireland.