Director/PDMR Shareholding
Carclo plc announced on August 12, 2026, that conditional awards of ordinary shares were granted on August 7, 2026, under its Long Term Incentive Plan 2017 to several Persons Discharging Managerial Responsibilities (PDMRs). Executive Director Frank Doorenbosch received 390,000 shares, Executive Director Ian Tichias received 220,000 shares, Chief Operating Officer Gary Allan received 90,000 shares, CEO of the Aerospace Division Alan Hook received 90,000 shares, and Company Secretary Pheobe Greenwood received 90,000 shares. These awards are subject to a three-year vesting period, contingent on continued employment and performance conditions related to Relative Total Shareholder Return and Earnings per Share, with executive directors facing an additional two-year post-vesting holding period.
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Carclo plc ("Carclo", the "Group" or the "Company"), a global precision engineering group with comprehensive, end-to-end manufacturing capabilities confirms that, on 07 August 2026, conditional awards over Carclo plc ordinary shares were granted under the terms of the Carclo plc Long Term Incentive Plan 2017 to certain PDMRs as set out below. The awards will vest at the end of a three-year period, subject to continued employment and the achievement of performance conditions. The awards granted to executive directors are subject to a further two-year post-vesting holding period. The performance conditions for these awards are equally weighted between Relative Total Shareholder Return ("TSR") and Earnings per Share ("EPS") targets.
The earliest vesting date of the award is 07 August 2029, subject to Plan rules.
| Name | Status | No. of shares granted |
|---|---|---|
| Frank Doorenbosch | Executive Director | 390,000 |
| Ian Tichias | Executive Director | 220,000 |
| Gary Allan | Chief Operating Officer | 90,000 |
| Alan Hook | CEO - Aerospace Division | 90,000 |
| Pheobe Greenwood | Company Secretary | 90,000 |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | (i) Frank Doorenbosch (ii) Ian Tichias (iii) Gary Allan (iv) Alan Hook (v) Pheobe Greenwood |
| 2 | Reason for the notification | |
| (a) | Position/status | (i) Chief Execut ive Officer (ii) Chief Financial Officer (iii) Chief Operating Officer (iv) CEO (Aerospace Division) (v) Company Secretary |
| (b) | Initial notification / Amendment | Initial notification |
| (a) | Name | Carclo plc |
| (b) | LEI | 21380078MEM399JPI956 |
| (a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5 pence each |
| Identification code | ISIN: GB0001751915 | |
| (b) | Nature of the transaction | Grant of conditional award over Ordinary Shares under the Carclo plc Long Term Incentive Plan 2017. |
| (c) | Price(s) and volume(s) | See table below |
| Name | Price | Number of Ordinary Shares over which awards granted |
| Frank Doorenbosch | Nil | 390,000 |
| Ian Tichias | Nil | 220,000 |
| Gary Allan | Nil | 90,000 |
| Alan Hook | Nil | 90,000 |
| Pheobe Greenwood | Nil | 90,000 |
| 4 (cont.) | ||
| (d) | Aggregated information: Aggregated volume; Price | Not applicable - see individual details above |
| (e) | Date of the transaction | 07 August 2026 |
| (f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.