Director/PDMR Shareholding
Trainline PLC announced that Performance Share Plan and Deferred Share Bonus Plan awards vested on May 12, 2026, for Jody Ford and Peter Wood. Following the vesting, shares were sold to cover associated taxation and administrative costs. Specifically, 417,912 shares from the PSP and 174,264 shares from the DSBP vested for Jody Ford, while Peter Wood had 269,371 PSP shares and 53,262 DSBP shares vest. A total of 278,955 shares were sold on the London Stock Exchange at £2.04846 per share to cover costs for Ford, and 152,016 shares were sold at the same price for Wood. The performance targets for these awards, based on EPS, revenue growth, and total shareholder returns over the three years ending February 28, 2026, will be detailed in the FY2026 Annual Report.
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The Company announces that Performance Share Plan ('PSP') awards granted during FY2024 and Deferred Share Bonus Plan awards granted to Jody Ford and Peter Wood (together, the 'Awards') vested on 12 May 2026. Shares were sold to cover taxation and administrative costs arising on the vesting of the Awards.
The PSP awards were granted subject to the achievement of performance targets based on cumulative EPS and annual Revenue growth and relative total shareholder returns over the three-year period ending 28 February 2026, as disclosed in the FY2024 Annual Report. Achievement against the performance targets will be disclosed in the FY2026 Annual Report.
The Notification of Dealing Form for the vests may be found below. This notification is provided in accordance with the requirements of the UK Market Abuse Regulation.
Notification of dealing form
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Jody Ford | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Trainline plc | |
| b) | LEI | 213800HO26VXTFJ4MO71 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BKDTK925 | ||
| b) | Nature of the transaction | Vest of a conditional award under the Performance Share Plan over ordinary shares of Trainline plc | |
| c) | Price(s) and volume(s) | Price | Volume |
| Nil | 417,912 | ||
| d) | Aggregated information - Aggregated volume - Price | Price | Aggregated Volume |
| N/A | N/A | ||
| e) | Date of the transaction | 12 May 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BKDTK925 | ||
| b) | Nature of the transaction | Vest of conditional awards under the Deferred Share Bonus Plan over ordinary shares of Trainline plc | |
| c) | Price(s) and volume(s) | Price | Volume |
| Nil | 174,264 | ||
| d) | Aggregated information - Aggregated volume - Price | Price | Aggregated Volume |
| N/A | N/A | ||
| e) | Date of the transaction | 12 May 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BKDTK925 | ||
| b) | Nature of the transaction | The sale of ordinary shares of Trainline plc on vesting of the above Performance Share Plan and Deferred Share Bonus Plan awards in order to satisfy associated costs. | |
| c) | Price(s) and volume(s) | Price | Volume |
| £2.04846 per share | 278,955 | ||
| d) | Aggregated information - Aggregated volume - Price | Price | Aggregated Volume |
| N/A | N/A | ||
| e) | Date of the transaction | 12 May 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) | |
| Notification of dealing form | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Peter Wood | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| b) | Initial notification/ Amendment | Initial notification | |
| a) | Name | Trainline plc | |
| b) | LEI | 213800HO26VXTFJ4MO71 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BKDTK925 | ||
| b) | Nature of the transaction | Vest of conditional awards under the Performance Share Plan over ordinary shares of Trainline plc | |
| c) | Price(s) and volume(s) | Price | Volume |
| Nil | 269,371 | ||
| d) | Aggregated information - Aggregated volume - Price | Price | Aggregated Volume |
| N/A | N/A | ||
| e) | Date of the transaction | 12 May 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BKDTK925 | ||
| b) | Nature of the transaction | Vest of conditional awards under the Deferred Share Bonus Plan over ordinary shares of Trainline plc | |
| c) | Price(s) and volume(s) | Price | Volume |
| Nil | 53,262 | ||
| d) | Aggregated information - Aggregated volume - Price | Price | Aggregated Volume |
| N/A | N/A | ||
| e) | Date of the transaction | 12 May 2026 | |
| f) | Place of the transaction | Outside a trading venue | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BKDTK925 | ||
| b) | Nature of the transaction | The sale of ordinary shares of Trainline plc on vesting of the above Performance Share Plan and Deferred Share Bonus Plan awards in order to satisfy associated costs. | |
| c) | Price(s) and volume(s) | Price | Volume |
| £2.04846 per share | 152,016 | ||
| d) | Aggregated information - Aggregated volume - Price | Price | Aggregated Volume |
| N/A | N/A | ||
| e) | Date of the transaction | 12 May 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) | |
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