Long Term Incentive Plan / PDMR Notification
LTIP awards vested for Executive Director TJ Kelly on 30 January 2025.
- Shares vested 99,691
- Shares sold for tax 52,201
- Shares retained 47,490
- Sale price per share €2.67
- Beneficial ownership after transactions 101,890 shares (0.096%)
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Long Term Incentive Plan
Dublin, London, 30 January 2025: Origin Enterprises plc ('Origin' or the 'Company') announces that on 30 January 2025 certain conditional share awards granted to TJ Kelly under the Long Term Incentive Plan 2015 ('LTIP'), over the ordinary shares of €0.01 each ('shares') in the capital of the Company on 18 January 2021, were settled to the extent they vested.
The table below shows the number of related shares acquired by TJ Kelly under the LTIP awards, the number of shares sold to satisfy the relevant taxation liabilities and the number of shares retained following the sales.
| Executive Director | Shares Vested | Shares sold to satisfy taxation liabilities | Shares retained | ||||
| TJ Kelly | 99,691 | 52,201 | 47,490 | ||||
| | |||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name | TJ Kelly | |||||
| Reason for the notification | |||||||
| a) | Position/status | Executive Director / PDMR | |||||
| b) | Initial Notification Amendment | Initial Notification | |||||
| a) | Name | Origin Enterprises plc | |||||
| b) | LEI | 213800AIB4U7N5BLS350 | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Origin Enterprises plc Ordinary Shares of €0.01 each IE00B1WV4493 | |||||
| b) | Nature of the transaction | Acquisition of ordinary shares arising in connection with the settlement of Long Term Incentive Plan awards granted on 18 January 2021 | |||||
| c) | Price(s) and volume(s) |
| |||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | |||||
| e) | Date of the transaction | 30 January 2025 | |||||
| f) | Place of the transaction | Dublin, Ireland | |||||
| g) | Additional Information | Following the transaction disclosed here, TJ Kelly beneficially owns 154,091 ordinary shares of €0.01 each in Origin Enterprises plc, representing approximately 0.145% of the company's issued share capital excluding treasury shares. | |||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name | TJ Kelly | |||||
| Reason for the notification | |||||||
| a) | Position/status | Executive Director / PDMR | |||||
| b) | Initial Notification Amendment | Initial Notification | |||||
| a) | Name | Origin Enterprises plc | |||||
| b) | LEI | 213800AIB4U7N5BLS350 | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Origin Enterprises plc Ordinary Shares of €0.01 each IE00B1WV4493 | |||||
| b) | Nature of the transaction | Disposal of shares to satisfy taxation liabilities in respect of the settlement of Long Term Incentive Plan awards granted on 18 January 2021. | |||||
| c) | Price(s) and volume(s) |
| |||||
| d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | |||||
| e) | Date of the transaction | 30 January 2025 | |||||
| f) | Place of the transaction | Dublin, Ireland | |||||
| g) | Additional Information | Following the transaction disclosed here, TJ Kelly beneficially owns 101,890 ordinary shares of €0.01 each in Origin Enterprises plc, representing approximately 0.096% of the company's issued share capital excluding treasury shares. | |||||
| Euronext Growth (Dublin) ticker symbol: | OIZ | ||||||
| AIM ticker symbol | OGN | ||||||
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