Grant of SAYE Options and PDMR Dealing
Vp plc announced on August 5, 2026, that it granted 3,630 Save As You Earn (SAYE) options to employees and directors, including the CEO, CFO, and General Counsel, each receiving 1,210 options. These options are exercisable at £3.76 per share, representing a 20% discount to the mid-market price on July 9, 2026, and will vest after three years of continued employment.
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Vp plc, the equipment rental specialist, today announces that on 5 August 2026, it granted 3,630 options over new ordinary shares of 5 pence each ("Ordinary Shares") to certain employees and directors of the Group under the Vp plc Save As You Earn scheme ("SAYE Scheme").
Participation in the SAYE Scheme has been made available to all employees of the Company who satisfy certain eligibility criteria. The following directors and persons discharging managerial responsibility ("PDMRs") of the Company have elected to participate in the SAYE Scheme and their options are included in the total figures above.
| Name | Title | Number of Ordinary Shares over which options granted | Exercise Price |
|---|---|---|---|
| Alice Woodwark | Chief Executive Officer | 1,210 | £3.76 |
| Keith Winstanley | Chief Financial Officer | 1,210 | £3.76 |
| Sarah Jones | General Counsel and Company Secretary | 1,210 | £3.76 |
The options vest after three years, subject to continue employment with the Group, and are exercisable at a price of 376 pence per share, calculated in accordance with the rules of the SAYE Scheme representing a discount of 20% to the mid-market closing price on 9 July 2026, being the last practicable day prior to the invitation made to all eligible employees on 10 July 2026.
The below notifications made in accordance with the requirements of the UK Market Abuse Regulation provide further detail:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Alice Woodwark |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer (Director and PDMR) |
| b) | Initial notification /Amendment | INITIAL NOTIFICATION |
| a) | Name | Vp plc |
| b) | LEI | 213800TBQKKQR7UXZP80 |
| a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 5 pence each |
| Identification code | ISIN: GB0009286963 | |
| b) | Nature of the transaction | Grant of SAYE Options |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 376.0p | 1,210 | |
| d) | Aggregated information | N/A - Single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 5 August 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Keith Winstanley |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer (Director and PDMR) |
| b) | Initial notification /Amendment | INITIAL NOTIFICATION |
| a) | Name | Vp plc |
| b) | LEI | 213800TBQKKQR7UXZP80 |
| a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 5 pence each |
| Identification code | ISIN: GB0009286963 | |
| b) | Nature of the transaction | Grant of SAYE Options |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 376.0p | 1,210 | |
| d) | Aggregated information | N/A - Single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 5 August 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Sarah (Sally) Jones |
| 2 | Reason for the notification | |
| a) | Position/status | General Counsel & Company Secretary (PDMR) |
| b) | Initial notification /Amendment | INITIAL NOTIFICATION |
| a) | Name | Vp plc |
| b) | LEI | 213800TBQKKQR7UXZP80 |
| a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 5 pence each |
| Identification code | ISIN: GB0009286963 | |
| b) | Nature of the transaction | Grant of SAYE Options |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 376.0p | 1,210 | |
| d) | Aggregated information | N/A - Single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 5 August 2026 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.