Director/PDMR Shareholding
Genus plc announced that Chief Executive Officer Jorgen Kokke exercised 7,649 nil-cost options on 13 May 2026, which vested on 4 May 2026, as part of a buyout of compensation forfeited from his previous employer. To cover income tax and social security liabilities, Kokke sold 3,450 ordinary shares on the London Stock Exchange at a price of 2,267.9397 pence per share, retaining the remaining 4,199 ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your GNS notes
Genus plc (LSE: GNS) announces that further to the vesting on 4 May 2026 of 7,649 nil-cost options granted over ordinary shares on 2 May 2023 in respect of buyout of compensation forfeited from his previous employer, Jorgen Kokke, Chief Executive Officer, exercised 7,649 nil-cost options on 13 May 2026.
As listed in table A below, Jorgen Kokke sold 3,450 ordinary shares in Genus on 13 May 2026 on the London Stock Exchange to offset income tax and social security liabilities due on the exercise of those vested options and retained the balance of 4,199 ordinary shares.
The below notifications, made in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, give further detail on the number of nil-cost options exercised and ordinary shares sold on 13 May 2026.
| a. | Name | Genus plc | ||||
| b. | LEI | 54930022EOITNKSIGH56 | ||||
| a. | Description of the Financial instrument, type of instrument Identification code | Ordinary shares of 10p each GB0002074580 | ||||
| b. | Nature of the transaction | Exercise of nil-cost options granted on 2 May 2023 over ordinary shares in Genus in respect of buyout of compensation forfeited from his previous employer . | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information · Aggregated volume · Price |
| ||||
| f. | Place of the transaction | Outside a trading venue. | ||||
| a. | Description of the Financial instrument, type of instrument Identification code | Ordinary shares of 10p each GB0002074580 | ||||
| b. | Nature of the transaction | Sale of shares arising from the exercise of nil-cost options to offset income tax and social security liabilities due on the exercise. | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information · Aggregated volume · Price |
| ||||
| f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.