Director/PDMR Shareholding
Dr. Martens plc announced that on May 29, 2026, two Directors/Persons Discharging Managerial Responsibility (PDMRs) were granted Performance Share Awards under the Company's Long Term Incentive Plan. Ije Nwokorie received an award of 2,732,653 shares, and Giles Wilson received an award of 2,100,151 shares. These awards are subject to the achievement of three equally weighted targets over three years, followed by a two-year holding period, with no consideration paid for the grant or exercise.
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The Company announces that, on 29 May 2026, the following directors / persons discharging managerial responsibility ('PDMR') were granted Performance Share Awards (the 'Awards') under the Company's Long Term Incentive Plan (the 'LTIP').
| PDMR | Number of Shares |
|---|---|
| Ije Nwokorie | 2,732,653 |
| Giles Wilson | 2,100,151 |
The Awards will vest subject to the achievement of three equally weighted targets, namely cumulative earnings per share, relative total shareholder return and operating cash conversion, over three years. On vesting, the Awards will be subject to a further two-year holding period. No consideration was paid for the grant of the Awards and no price is payable on the exercise of the Awards.
Full details of the target ranges are set out in the Directors' Remuneration Report in the 2026 Annual Report & Accounts, which is available on the Company's website at www.drmartensplc.com.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Ije Nwokorie |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR (Chief Executive Officer) |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Dr. Martens plc |
| b) | LEI | 213800QPT8YM6NQZPH28 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP 0.01 ISIN: GB00BL6NGV24 |
| b) | Nature of the transaction | Grant of performance share award under the Dr. Martens Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 2,732,653 |
| d) | Aggregated information - Aggregated volume - Price | 2,732,653 Nil |
| e) | Date of the transaction | 29 May 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Giles Wilson |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR (Chief Financial Officer) |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Dr. Martens plc |
| b) | LEI | 213800QPT8YM6NQZPH28 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP 0.01 ISIN: GB00BL6NGV24 |
| b) | Nature of the transaction | Grant of performance share award under the Dr. Martens Long Term Incentive Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 2,100,151 |
| d) | Aggregated information - Aggregated volume - Price | 2,100,151 Nil |
| e) | Date of the transaction | 29 May 2026 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.