Director/PDMR Shareholding
Ramsdens Holdings PLC announced the adoption of its Long-Term Incentive Plan 9, which will recognize management contributions through FY28, with potential conditional awards granted on April 2, 2026. Executive Directors, including the CEO and CFO, have been granted a total of 165,000 LTIP shares, with 50% linked to Earnings Per Share targets and 50% to Total Shareholder Return, measured over the three financial years to September 30, 2028. Additionally, 110,000 LTIP shares were issued to three other Senior Management Team members under the same performance criteria. All awards are exercisable at 1 pence per share and include malus and clawback provisions.
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Ramsdens, the diversified financial services provider and retailer, announces that on 2 April 2026, the Company adopted its Long‐Term Incentive Plan 9 (the "Plan"). The Plan follows the principles of the Group's existing LTIPs, in recognising the contribution of the management team for the three years to FY28. The intention to grant the potential conditional awards was disclosed in Ramsdens' 2025 Annual Report and Accounts, published on 14 January 2026.
In accordance with the Group's remuneration strategy, the Plan extends to five members of the Senior Management Team, including CEO Peter Kenyon and CFO Martin Clyburn (the "Executive Directors"). The award grants options over 1p Ordinary Shares in the capital of the Company (the "Shares"), with vested awards under the Plan exercisable at 1 pence per share.
The Executive Directors have been granted a total of 165,000 LTIP shares, to vest in 2028 in accordance with the Plan rules and subject to the achievement of performance targets, with 50% of any award linked to targeted increases in the Earnings per Share of the Company, and the remaining 50% of any award based on the delivery of the Total Shareholder Return. These targets will be measured over the three financial years to 30 September 2028.
These grants represent the maximum possible share awards to the Executive Directors should the performance targets be achieved in full. The Plan rules include malus and clawback provisions.
A further 110,000 LTIP shares have been issued pursuant to the Plan to three members of the Senior Management Team, including Michael Johnson (Operations Director), Mark Smith (Finance Director) and Jason Carr (IT Director) with the same performance criteria and rules.
The following table summarises the awards issued.
| Name | Role | Number of LTIP shares awarded | ||||
| Peter Kenyon | CEO (Director) | 90,000 | ||||
| Martin Clyburn | CFO (Director) | 75,000 | ||||
| Michael Johnson | Operations Director of trading subsidiary (PDMR) | 40,000 | ||||
| Mark Smith | Finance Director of trading subsidiary (PDMR) | 40,000 | ||||
| Jason Carr | IT Director of trading subsidiary (PDMR) | 30,000 | ||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: Peter Kenyon | |||||
| 2. | Reason for the notification | |||||
| a) | Position/status: CEO | |||||
| b) | Initial notification/Amendment: Initial Notification | |||||
| a) | Name: Ramsdens Holdings PLC | |||||
| b) | LEI: 2138009OAUOROKMFPK95 | |||||
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | |||||
| b) | Nature of the transaction: Grant of options pursuant to LTIP | |||||
| c) |
| |||||
| d) | Aggregated information: N/A | |||||
| e) | Date of the transaction: 2 April 2026 | |||||
| f) | Place of the transaction: Outside a trading venue | |||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: Martin Clyburn | |||||
| 2. | Reason for the notification | |||||
| a) | Position/status: CFO | |||||
| b) | Initial notification/Amendment: Initial Notification | |||||
| a) | Name: Ramsdens Holdings PLC | |||||
| b) | LEI: 2138009OAUOROKMFPK95 | |||||
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | |||||
| b) | Nature of the transaction: Grant of Options pursuant to LTIP | |||||
| c) |
| |||||
| d) | Aggregated information: N/A | |||||
| e) | Date of the transaction: 2 April 2026 | |||||
| f) | Place of the transaction: Outside a trading venue | |||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: Michael Johnson | |||||
| 2. | Reason for the notification | |||||
| a) | Position/status: Operations Director of trading subsidiary (PDMR) | |||||
| b) | Initial notification/Amendment: Initial Notification | |||||
| a) | Name: Ramsdens Holdings PLC | |||||
| b) | LEI: 2138009OAUOROKMFPK95 | |||||
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | |||||
| b) | Nature of the transaction: Grant of options pursuant to LTIP | |||||
| c) |
| |||||
| d) | Aggregated information: N/A | |||||
| e) | Date of the transaction: 2 April 2026 | |||||
| f) | Place of the transaction: Outside a trading venue | |||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: Mark Smith | |||||
| 2. | Reason for the notification | |||||
| a) | Position/status: Finance Director of trading subsidiary | |||||
| b) | Initial notification/Amendment: Initial Notification | |||||
| a) | Name: Ramsdens Holdings PLC | |||||
| b) | LEI: 2138009OAUOROKMFPK95 | |||||
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | |||||
| b) | Nature of the transaction: Grant of options pursuant to LTIP | |||||
| c) |
| |||||
| d) | Aggregated information: N/A | |||||
| e) | Date of the transaction: 2 April 2026 | |||||
| f) | Place of the transaction: Outside a trading venue | |||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: Jason Carr | |||||
| 2. | Reason for the notification | |||||
| a) | Position/status: IT Director of trading subsidiary | |||||
| b) | Initial notification/Amendment: Initial Notification | |||||
| a) | Name: Ramsdens Holdings PLC | |||||
| b) | LEI: 2138009OAUOROKMFPK95 | |||||
| a) | Description of the financial instrument, type of instrument: Ordinary shares of 1p each. Identification code: GB00BDR6V192 | |||||
| b) | Nature of the transaction: Grant of options pursuant to LTIP | |||||
| c) |
| |||||
| d) | Aggregated information: N/A | |||||
| e) | Date of the transaction: 2 April 2026 | |||||
| f) | Place of the transaction: Outside a trading venue |
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