Director/PDMR Shareholding
Future plc announced on December 15, 2025, that its Chief Executive Officer, Kevin Li Ying, received nil-cost options under the Performance Share Plan on December 11, 2025. These awards include 105,433 Performance Share Units (PSUs) vesting on the third anniversary subject to performance conditions related to Relative TSR and Adjusted Diluted EPS, and 52,716 Restricted Stock Units (RSUs) vesting on the third anniversary, contingent on the approval of the new Directors' Remuneration Policy at the 2026 AGM.
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Performance Share Plan ("PSP") - Awards of Performance Shares ("PSUs") and Restricted Stock Units ("RSUs")
On 11 December 2025, awards were made of the following nil-cost options over Ordinary Shares of 15p each in the Company ("Shares") under the terms of the Future plc 2023 Performance Share Plan ("PSP"). These awards will normally vest on the third anniversary of grant.
The vesting of PSUs is subject to performance conditions (as set out on page 106 of the Company's Annual Report & Accounts for FY 2025). The award of RSUs is subject to the resolution to approve the new Directors' Remuneration Policy being passed at the Company's 2026 AGM. Unless so passed, the RSUs shall lapse in full.
The awards are made in accordance with the provisions of the Company's approved Directors' Remuneration Policy and, as noted in the previous paragraph in respect of the RSUs, subject to the approval of the new Directors' Remuneration Policy. A holding period applies to the Executive Directors from the vesting date in respect of any Shares which vest under this award.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Kevin Li Ying |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer (PDMR) |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Future plc |
| b) | LEI | 213800K2581YRLEXV353 |
| a) | Description of the financial instrument, type of instrument | |
| Ordinary shares of 15p each | ||
| Identification code | GB00BYZN9041 | |
| b) | Nature of the transaction | Grant of nil cost options (PSUs) over Future plc Shares under the PSP. The award will vest on the third anniversary of the date of grant, subject to conditions including the performance conditions relating to the Company's Relative TSR and Adjusted Diluted EPS measured as at 30 September 2028, as set out on page 106 of the Company's Annual Report & Accounts for FY2025. The number of PSUs below reflects the maximum number that can vest for performance. The target number of PSUs that can vest for performance is 50 percent of that number. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| Nil | 105,433 | |
| d) | Aggregated information | N/A (single transaction) |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 11 December 2025 |
| f) | Place of the transaction | London |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Kevin Li Ying |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer (PDMR) |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Future plc |
| b) | LEI | 213800K2581YRLEXV353 |
| a) | Description of the financial instrument, type of instrument | |
| Ordinary shares of 15p each | ||
| Identification code | GB00BYZN9041 | |
| b) | Nature of the transaction | Grant of nil cost options (RSUs) over Future plc Shares under the PSP. The award will vest on the third anniversary of the date of grant, subject to conditions, including a discretionary underpin, and to the resolution to approve the new Directors' Remuneration Policy being passed at the Company's 2026 AGM. Unless so passed, the RSUs shall lapse in full. Details of the RSUs are set out on page 106 of the Company's Annual Report & Accounts for FY2025. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| Nil | 52,716 | |
| d) | Aggregated information | N/A (single transaction) |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 11 December 2025 |
| f) | Place of the transaction | London |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.