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Vistry Group PLC announced the partial lapse of share awards under its 2020 Long Term Incentive Plan for six directors and executives. On March 2, 2023, awards made on March 2, 2020, lapsed for CEO Greg Fitzgerald (46,837 Ordinary Shares), COO Earl Sibley (26,560 shares), Keith Carnegie (17,506 shares), Stephen Teagle (15,219 shares), Michael Stirrop (9,666 shares), and Debbie Hulme (3,127 shares) because performance conditions were not fully met.
| Date | 23 Mar 2023 |
| Time | 16:30:01 |
| Category | Director/PDMR dealings |
| ID | 9224T |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Greg Fitzgerald
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2
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Reason for the notification
|
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Vistry Group PLC |
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b)
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LEI
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2138001KOWN7CG9SLK53 |
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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)
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Description of the financial instrument, type of instrument
Identification code
|
Ordinary Shares of 50p each
GB0001859296
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b)
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Nature of the transaction
|
Partial lapse of awards made on 2 March 2020 under the Vistry Group PLC Long Term Incentive Plan 2020 as a result of the performance conditions not being met in full. |
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c)
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Price(s) and volume(s)
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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46,837
£0.00
|
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e)
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Date of the transaction
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02/03/2023 |
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f)
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Place of the transaction
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Outside of a trading venue |
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1
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Details of the person discharging managerial responsibilities / person closely associated
|
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a)
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Name
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Earl Sibley
|
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2
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Reason for the notification
|
|||||
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a)
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Position/status
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Chief Operating Officer |
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b)
|
Initial notification /Amendment
|
Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Vistry Group PLC |
||||
|
b)
|
LEI
|
2138001KOWN7CG9SLK53 |
||||
|
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 50p each
GB0001859296
|
||||
|
b)
|
Nature of the transaction
|
Partial lapse of awards made on 2 March 2020 under the Vistry Group PLC Long Term Incentive Plan 2020 as a result of the performance conditions not being met in full. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
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d)
|
Aggregated information
- Aggregated volume
- Price
|
26,560
£0.00
|
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e)
|
Date of the transaction
|
02/03/2023 |
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f)
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Place of the transaction
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Outside of a trading venue |
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Keith Carnegie
|
||||
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2
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Reason for the notification
|
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a)
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Position/status
|
Chief Executive - Housebuilding Division
|
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b)
|
Initial notification /Amendment
|
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Vistry Group PLC |
||||
|
b)
|
LEI
|
2138001KOWN7CG9SLK53 |
||||
|
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 50p each
GB0001859296
|
||||
|
b)
|
Nature of the transaction
|
Partial lapse of awards made on 2 March 2020 under the Vistry Group PLC Long Term Incentive Plan 2020 as a result of the performance conditions not being met in full. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
17,506
£0.00
|
||||
|
e)
|
Date of the transaction
|
02/03/2023 |
||||
|
f)
|
Place of the transaction
|
Outside of a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Stephen Teagle
|
||||
|
2
|
Reason for the notification
|
|||||
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a)
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Position/status
|
Chief Executive - Partnerships Division
|
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b)
|
Initial notification /Amendment
|
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Vistry Group PLC |
||||
|
b)
|
LEI
|
2138001KOWN7CG9SLK53 |
||||
|
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 50p each
GB0001859296
|
||||
|
b)
|
Nature of the transaction
|
Partial lapse of awards made on 2 March 2020 under the Vistry Group PLC Long Term Incentive Plan 2020 as a result of the performance conditions not being met in full. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
15,219
£0.00
|
||||
|
e)
|
Date of the transaction
|
02/03/2023 |
||||
|
f)
|
Place of the transaction
|
Outside of a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Michael Stirrop |
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Group Strategic Operations Director
|
||||
|
b)
|
Initial notification /Amendment
|
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Vistry Group PLC |
||||
|
b)
|
LEI
|
2138001KOWN7CG9SLK53 |
||||
|
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 50p each
GB0001859296
|
||||
|
b)
|
Nature of the transaction
|
Partial lapse of awards made on 2 March 2020 under the Vistry Group PLC Long Term Incentive Plan 2020 as a result of the performance conditions not being met in full. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
9,666
£0.00
|
||||
|
e)
|
Date of the transaction
|
02/03/2023 |
||||
|
f)
|
Place of the transaction
|
Outside of a trading venue |
||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Debbie Hulme
|
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
Group Customer Experience Director |
||||
|
b)
|
Initial notification /Amendment
|
Initial |
||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
|
a)
|
Name
|
Vistry Group PLC |
||||
|
b)
|
LEI
|
2138001KOWN7CG9SLK53 |
||||
|
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 50p each
GB0001859296
|
||||
|
b)
|
Nature of the transaction
|
Partial lapse of awards made on 2 March 2020 under the Vistry Group PLC Long Term Incentive Plan 2020 as a result of the performance conditions not being met in full. |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
3,127
£0.00
|
||||
|
e)
|
Date of the transaction
|
02/03/2023 |
||||
|
f)
|
Place of the transaction
|
Outside of a trading venue |
||||