Director/PDMR Shareholding
On September 29, 2025, Carclo plc granted a conditional award of 208,537 ordinary shares of 5p each to Executive Director Frank Doorenbosch under the Deferred Bonus Plan 2025. This award represents 33% of Doorenbosch's annual bonus for the financial year ending March 31, 2025. The shares, priced at GBP Nil for the award, will normally vest on September 29, 2027, contingent upon continued employment and adherence to the company's Malus and Clawback Policy. Dividend equivalents will accrue and be delivered in cash upon vesting. The ISIN for the shares is GB0001751915.
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Carclo plc announces that on 29 September 2025, a conditional award over the company's ordinary shares of 5p each was granted under the terms of the Carclo plc Deferred Bonus Plan 2025 to a director/ person discharging managerial responsibility ("PDMR") as set out below.
| Name | Status | No. of shares granted |
|---|---|---|
| Frank Doorenbosch | Executive director | 208,537 |
The 2025 Deferred Bonus Plan provides that, in accordance with the company's Directors' Remuneration Policy approved by shareholders in 2025, up to 33% of any annual bonus earned by an Executive Director may be deferred into shares (a "Deferred Share Award"). This award represents a deferral in shares with a market value equal to 33% of the annual bonus earned by Frank Doorenbosch in respect of the financial year ended 31 March 2025. In calculating the number of ordinary shares over which the Award has been made, the Remuneration Committee has applied the middle market quotation per ordinary share at closing on the day prior to the Grant Date.
The normal vesting date for this Deferred Share Award will be 29 September 2027, subject to continued employment and to the extent permitted following any operation of the Company's Malus and Clawback Policy. No other performance conditions apply. Dividend equivalents will accrue on the Shares subject to the Award in respect of ordinary dividends declared during the deferral period, calculated on the basis of reinvestment, and will be delivered in cash upon vesting of the Award.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Frank Doorenbosch | |
| 2 | Reason for the notification | ||
| a) | Position/status | PDMR (Chief Executive Officer) | |
| b) | Initial notification/Amendment | Initial notification | |
| a) | Name | Carclo plc | |
| b) | LEI | 21380078MEM399JPI956 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 5p ISIN: GB0001751915 | |
| b) | Nature of the transaction | Grant of a conditional award of shares under the Carclo plc Deferred Bonus Plan 2025. Subject to continued employment and, to the extent applicable, the operation of the Company's Malus And Clawback Policy. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP Nil | 208,537 | ||
| d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | |
| e) | Date of the transaction | 29-09-2025 | |
| f) | Place of the transaction | Outside a trading venue |
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