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Wise plc announced on 19 July 2023 that it granted an award to Harsh Sinha, its Chief Technology Officer and a Person Discharging Managerial Responsibilities (PDMR), under the Wise plc Long Term Incentive Plan. This award, with a transaction date of 13 July 2023, consists of 741,694 Class A ordinary shares as Restricted Stock Units, provided at a nil price. The award is scheduled for quarterly release from 15 July 2023, subject to continued service.
| Date | 19 Jul 2023 |
| Time | 07:00:04 |
| Category | Director/PDMR dealings |
| ID | 4307G |
NOTIFICATION DEALING WITH GRANT OF AWARDS UNDER THE WISE PLC LONG TERM INCENTIVE PLAN
Wise plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the UK Market Abuse Regulation.
On 19 July 2023 Wise plc (the "Company") announces that the following award over class A ordinary shares of £0.01 each ("Shares") were granted under the Wise plc Long Term Incentive Plan to a person discharging managerial responsibility ("PDMR").
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PDMR |
No. of shares under Award |
|
Harsh Sinha
|
741,694 |
Details of the full notifications received by the Company are set out below.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Harsh Sinha |
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2 |
Reason for Notification |
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a) |
Position/status |
PDMR (Chief Technology Officer) |
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b) |
Initial notification/Amendment |
Initial Announcement |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Wise plc |
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|
b) |
LEI |
213800LD9XCHIC1C4V71 |
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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 |
Class A Ordinary Shares GBP 0.01 each |
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Identification code |
GB00BL9YR756 |
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b) |
Nature of the transaction |
Restricted Stock Units award under the Wise plc Long Term Incentive Plan. The award will be released on a quarterly basis from 15 July 2023, subject to continued service. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
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e) |
Date of the transaction |
13 July 2023 |
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f) |
Place of the transaction |
Outside a trading venue |
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