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On 10 June 2024, The Pebble Group PLC announced the exercise of 40,131 nil cost options and the vesting of 44,233 Conditional Share Awards under its Long Term Incentive Plan (LTIP). Concurrently, PDMR Karl Whiteside, Group Managing Director, Brand Addition, received 15,828 Ordinary Shares from awards and sold 5,676 Ordinary Shares, resulting in his holding 863,972 Ordinary Shares (0.52%). These transactions were satisfied by existing shares from The Pebble Group Employee Benefit Trust, which now holds 266,880 Ordinary Shares (0.16%).
| Date | 11 Jun 2024 |
| Time | 15:55:00 |
| Category | Director/PDMR dealings |
| ID | 0212S |
11 June 2024
THE PEBBLE GROUP PLC
("The Pebble Group", or the "Group")
AIM: PEBB, OTCQX: PEBBF
PDMR Share Dealings and
Vesting of Long Term Incentive Plan (LTIP) Awards
The Pebble Group, a leading provider of digital commerce, products and related services to the global promotional products industry, announces the exercise of 40,131 nil cost options ("Options") and the vesting of 44,233 Conditional Share Awards under the Pebble Group plc Long Term Incentive Plan ("LTIP") on 10 June 2024.
Included in the participants of the Conditional Share Awards vesting was a PDMR who, concurrent with the vesting, also sold 5,676 Ordinary Shares of 1 pence each ("Ordinary Shares").
|
Participant |
Position |
Ordinary Shares from Conditional Share Award |
Ordinary Shares sold |
Resultant holding in Ordinary Shares |
% of issued share capital of the Group |
|
Karl Whiteside |
Group Managing Director, Brand Addition |
15,828 |
5,676 |
863,972
|
0.52% |
The exercise of nil cost Options and the vesting of Conditional Share Awards under the LTIP, including by one Group PDMR, has been satisfied through the allocation of existing Ordinary Shares held by The Pebble Group Employee Benefit Trust ("EBT"). As such, no new Ordinary Shares have been issued in connection with the Option exercises or the Conditional Share Awards.
Following settlement of these transactions, the EBT will hold a total of 266,880 Ordinary Shares representing 0.16 per cent of the Group's total voting rights.
The notifications below, provided in accordance with the requirements of the UK Market Abuse Regulation, provide further details.
Enquiries:
|
The Pebble Group Chris Lee, Chief Executive Officer Claire Thomson, Chief Financial Officer +44 (0) 750 012 4121 |
Temple Bar Advisory (Financial PR) Alex Child-Villiers / Alistair de Kare-Silver / Sam Livingstone +44 (0) 207 183 1190
|
|
Grant Thornton UK LLP (Nominated Adviser) Samantha Harrison / Harrison Clarke / Ciara Donnelly / Elliot Peters +44 (0) 207 184 4384 |
Berenberg (Corporate Broker) Ben Wright / Mark Whitmore / Richard Andrews +44 (0) 203 207 7800 |
About The Pebble Group plc-- www.thepebblegroup.com
The Pebble Group is a provider of digital commerce, products and related services to the global promotional products industry, comprising two differentiated businesses, Facilisgroup and Brand Addition, focused on specific areas of the promotional products market. For further information, please visit www.thepebblegroup.com.
The information set out below is provided in accordance with the requirements of Regulation 19(3) of the EU Market Abuse Regulation No 596/2014:
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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|
(a) |
Name |
Karl Whiteside
|
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|
2 |
Reason for the notification |
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|
(a) |
Position/status |
Group Managing Director, Brand Addition
|
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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 |
The Pebble Group plc |
||||||
|
(b) |
LEI |
213800LZUQAYBHDEQY04 |
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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 1 pence each ISIN GB00BK71XP16 PEBB.L
|
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|
(b) |
Nature of the transaction |
Vesting of Conditional share awards pursuant to The Pebble Group plc Long Term Incentive Plan |
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|
(c) |
Price(s) and volume(s)
|
|
||||||
|
(d) |
Aggregated information - Aggregated volume - Price |
N/A |
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|
(e) |
Date of the transaction |
10 June 2024 |
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|
(f) |
Place of the transaction |
XLON |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
(a) |
Name |
Karl Whiteside
|
||||||
|
2 |
Reason for the notification |
|||||||
|
(a) |
Position/status |
Group Managing Director, Brand Addition
|
||||||
|
(b) |
Initial notification/Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
(a) |
Name |
The Pebble Group plc |
||||||
|
(b) |
LEI |
213800LZUQAYBHDEQY04 |
||||||
|
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 1 pence each ISIN GB00BK71XP16 PEBB.L
|
||||||
|
(b) |
Nature of the transaction |
Sale of Ordinary Shares |
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|
(c) |
Price(s) and volume(s)
|
|
||||||
|
(d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||||
|
(e) |
Date of the transaction |
10 June 2024 |
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|
(f) |
Place of the transaction |
XLON |
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