Director/PDMR Shareholding
Wickes Group PLC announced on March 31, 2026, that Persons Discharging Managerial Responsibilities (PDMRs) David Wood and Mark George were granted nil cost options on ordinary shares under the Deferred Annual Bonus Plan and Long Term Incentive Plan on March 30, 2026. David Wood received a total of 706,715 shares, with an aggregate value of £1,448,765.75, while Mark George received 375,095 shares, valued at £768,944.75. The share price used for these awards was 205.00 pence, based on the average closing price over the five preceding trading days. Options under the Deferred Annual Bonus Plan vest on March 30, 2029, while Long Term Incentive Plan options vest on the same date, subject to performance conditions, with a subsequent two-year holding period for both.
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Responsibilities ('PDMRs')
The Company announces that on 30 March 2026 (the 'Grant Date') the following awards in respect of ordinary shares of 10 pence each in the Company ('Shares') were made by way of nil cost option under the Wickes Deferred Annual Bonus Plan (the 'DABP') and the Wickes Long Term Incentive Plan (the 'LTIP') to PDMRs as set out below. Further details can be found in the Directors' Remuneration Report contained in the Company's Annual Report for the year ended 27 December 2025.
The number of shares subject to the options awarded has been calculated using a share price of 205.00 pence, being the average of the closing market prices of the Company's Shares on the five dealing days immediately preceding the Grant Date.
| Award | PDMR | Number of Shares under option | Option Price |
|---|---|---|---|
| DABP | David Wood | 121,123 | nil |
| DABP | Mark George | 60,240 | nil |
| LTIP | David Wood | 585,592 | nil |
| LTIP | Mark George | 314,855 | nil |
The options under the DABP will vest on 30 March 2029.
The options under the LTIP will vest on 30 March 2029 subject to the achievement of performance conditions. Vested options will be subject to a two year holding period.
If options vest they will normally be exercisable until the tenth anniversary of the Grant Date.
In the event that dividends are paid in the period between the Grant Date and the normal vesting date (or, where Shares under an option are subject to a holding period, the earlier of the date of expiry of the holding period or the date of exercise of the option), the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.
The Notification of Dealing Forms for each PDMR can be found below.
| a) | Name | Wickes Group plc |
| b) | LEI | 213800IEX9ZXJRAOL133 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10 pence each ISIN: GB00BL6C2002 |
| b) | Nature of the transaction | Grant of options under the Wickes Deferred Annual Bonus Plan and the Wickes Long Term Incentive Plan |
| c) | Price(s) and volume (s) | |
| Price(s) | Volume(s) | |
| £2.0500 | DABP 121,123 LTIP 585,592 | |
| d) | Aggregated information -Aggregated volume -Price | |
| Aggregate Price | Aggregate Volume | Aggregate Total |
| £2.0500 | 706,715 | £1,448,765.75 |
| e) | Date of the transaction | 30 March 2026 |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |
| a) | Name | Mark George |
| 2 | Reason for the notification | |
| a) | Position/Status | PDMR |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | Wickes Group plc |
| b) | LEI | 213800IEX9ZXJRAOL133 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10 pence each ISIN: GB00BL6C2002 |
| b) | Nature of the transaction | Grant of options under the Wickes Deferred Annual Bonus Plan and the Wickes Long Term Incentive Plan |
| c) | Price(s) and volume (s) | |
| Price(s) | Volume(s) | |
| £2.0500 | DABP 60,240 LTIP 314,855 | |
| d) | Aggregated information -Aggregated volume -Price | |
| Aggregate Price | Aggregate Volume | Aggregate Total |
| £2.0500 | 375,095 | £768,944.75 |
| e) | Date of the transaction | 30 March 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.