Notification of Transactions of Directors & PDMRs
FDM Group (Holdings) plc announced on April 27, 2026, that it has granted awards over ordinary shares under its Performance Share Plan to executive directors and senior managers. Executive directors Roderick Flavell, Sheila Flavell, Andrew Brown, and Michael McLaren each received awards for 250,000 shares, while senior managers Mark Heather and Jonathan Taplin received 33,333 shares each. These awards are structured as options with an exercise price of £0.01 per share, and their vesting is contingent on performance conditions, including earnings per share targets over a three-year period, with a further two-year holding period post-vesting for executive directors.
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On 27 April 2026 FDM Group (Holdings) plc ("FDM") granted awards over ordinary shares in the Company under the FDM 2014 Performance Share Plan (the "PSP"), as noted below.
The vesting of the awards granted to the Company's Executive Directors is subject to a performance condition based upon FDM's earnings per share assessed over a three-year performance period commencing with FDM's 2026 financial year and to all other provisions of the PSP. Details of the performance conditions will be included in FDM's 2026 Directors' Remuneration Report. Ordinarily, the awards will vest (subject to the achievement of the performance condition) following the announcement of FDM's results for its 2028 financial year.
The awards granted to the Executive Directors will not be released, so that shares can be acquired, until the end of a holding period of two years beginning on the vesting date.
The vesting of the awards granted to the other Senior Managers referred to below and of awards granted to other group employees is subject to the satisfaction of a financial underpin and to all other provisions of the PSP.
Each award has been granted in the form of an option with an exercise price per share of £0.01.
| Name | Number of shares subject to award |
|---|---|
| Executive Directors | |
| Roderick Flavell | 250,000 |
| Sheila Flavell | 250,000 |
| Andrew Brown | 250,000 |
| Michael McLaren | 250,000 |
| Other Senior Managers | |
| Mark Heather | 33,333 |
| Jonathan Taplin | 33,333 |
The notification below provides further information about these transactions.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | (i) Roderick Flavell (ii) Sheila Flavell (iii) Andrew Brown (iv) Michael McLaren (v) Mark Heather (vi) Jonathan Taplin |
| 2 | Reason for the notification | |
| (a) | Position/Status | (i) Chief Executive Officer (ii) Chief Operating Officer (iii) Chief Commercial Officer (iv) Chief Financial Officer (v) Group Governance Director and Company Secretary (vi) Group Operations Director |
| (b) | Initial notification / Amendment | Initial notification |
| (a) | Name | FDM Group (Holdings) plc |
| (b) | LEI | 213800YR62D7GUZLMZ71 |
| (a) | Description of the financial instrument, type of instrument | Ordinary Shares of £0.01 |
| Identification Code | ISIN: GB00BLWDVP51 | |
| (b) | Nature of the transaction | Grant of awards over Ordinary Shares |
| (c) | Price(s) and volume(s) | Name Price Number of Ordinary Shares over which awards granted Roderick Flavell Nil 250,000 Sheila Flavell Nil 250,000 Andrew Brown Nil 250,000 Michael McLaren Nil 250,000 Mark Heather Nil 33,333 Jonathan Taplin Nil 33,333 |
| (d) | Aggregated Information | |
| - Aggregated Volume | N/A (single transaction) | |
| - Price | Nil for each PDMR | |
| (e) | Date of the Transaction | 27 April 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.