Superdry plc: PDMR Shareholding
Superdry plc (SDRY)
Superdry plc: PDMR Shareholding
29-Jul-2022 / 12:30 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
SuperdryPlc
(Superdry or the Company)
29 July 2022
Notification and public disclosure of transactions by persons discharging managerial responsibilities (‘PDMR’) and persons closely associated with them (‘PCA’)
Settlement of share award and related sale
On 28 July 2022, Matt Horwood, Chief Technology Officer, acquired 35,556 ordinary shares of 5 pence each (‘Ordinary Shares’) in the capital of the Company for nil cost in relation to the maturity of a one-off share-based award granted to him on 27 July 2022. The award was granted to Mr Horwood in compensation for amounts forfeited from his previous employer upon joining Superdry.
On the same date, 17,217 of such Ordinary Shares acquired by Mr Horwood were sold to fund the resulting tax and employee social security liabilities due in respect of such settlement, at a sale price of £1.3520 per Ordinary Share. Mr Horwood has retained the balance of the Ordinary Shares resulting from maturity of the share award.
This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Matt Horwood
2.
Reason for the notification
a)
Position/status
Chief Technology Officer
b)
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Superdry Plc
b)
LEI
213800GAQMT2WL7BW361
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 5 pence each
ISIN: GB00B60BD277
b)
Nature of the transaction
1. Acquisition of Ordinary Shares at nil cost in relation to the settlement of a vested conditional share award; and
2.Sale of sufficient Ordinary Shares to cover taxation and employee social security liabilities.
c)
Price(s) and volume(s)
Price
1.Nil
2.£1.3520
Volume
1.35,556
2.17,217
d)
Aggregated information
Price
1.Nil
2.£1.3520
Volume
1.35,556
2.17,217
e)
Date of the transaction
28 July 2022
f)
Place of the transaction
London Stock Exchange (XLON)
For further information:
Superdry Plc
Ruth Daniels
Company Secretary
+44 (0) 1242 586643
ISIN: GB00B60BD277 Category Code: DSH TIDM: SDRY LEI Code: 213800GAQMT2WL7BW361 Sequence No.: 178164 EQS News ID: 1409373
End of Announcement EQS News Service