Director/PDMR Shareholding
Telecom Plus PLC has announced the grant of share options to its executive directors, Stuart Burnett (CEO) and Nick Schoenfeld (CFO), under the Telecom Plus Incentive Plan. Burnett received options for 74,793 shares and Schoenfeld for 41,421 shares, with options exercisable at a nominal price of £0.05 per share. These options are subject to a two-year vesting period followed by a two-year holding period, with the number of shares determined by the average mid-market closing price during the financial year ended 31 March 2026.
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Telecom Plus PLC announces the grant of share options to its executive directors under the Telecom Plus Incentive Plan ("TPIP").
Under the terms of the TPIP, the executive directors have been granted options in respect of 70% of their TPIP awards for 2026, in accordance with the Directors' Remuneration Policy of the Company. The options will be subject to a two-year vesting period, and thereafter subject to a further two-year post-vesting holding period.
The number of shares subject to each grant has been determined by reference to the average mid-market closing price of a share during the period to which the award relates being the financial year ended 31 March 2026.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | STUART BURNETT | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | CHIEF EXECUTIVE OFFICER | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| a) | Name: | Telecom Plus PLC | |
| b) | LEI: | 549300QGHDX5UKE58G86 | |
| a) | Description of the financial instrument: Identification code: | Ordinary Shares of £0.05 each in the capital of Telecom Plus PLC ISIN GB0008794710 | |
| b) | Nature of the transaction: | The grant of options to acquire Ordinary Shares at a nominal exercise price of £0.05 per Share | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| N/A | 74,793 | ||
| d) | Aggregated price(s) and volume(s): | Price(s) | Volume(s) |
| N/A | N/A | ||
| e) | Date of the Transaction: | 3 August 2026 | |
| f) | Place of the Transaction: | Off market transaction | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | NICK SCHOENFELD | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | CHIEF FINANCIAL OFFICER | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| a) | Name: | Telecom Plus PLC | |
| b) | LEI: | 549300QGHDX5UKE58G86 | |
| a) | Description of the financial instrument: Identification code: | Ordinary Shares of £0.05 each in the capital of Telecom Plus PLC ISIN GB0008794710 | |
| b) | Nature of the transaction: | The grant of options to acquire Ordinary Shares at a nominal exercise price of £0.05 per Share | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| N/A | 41,421 | ||
| d) | Aggregated price(s) and volume(s): | Price(s) | Volume(s) |
| N/A | N/A | ||
| e) | Date of the Transaction: | 3 August 2026 | |
| f) | Place of the Transaction: | Off market transaction |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.