Moonpig Group Plc - Director/PDMR Shareholding
News provided by
Moonpig Group Plc08 Jul, 2025, 12:00 GMT
Moonpig Group plc
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
8 July 2025
Moonpig Group plc was notified by the two Executive Directors of the following transactions on 7 July 2025.
DSBP vesting
The Deferred Share Bonus Awards granted on 5 July 2022 in respect of the deferred element (33% of the FY22 bonus) reached the end of the 3 year holding period on 5 July 2025. As a result of the vesting of those awards, the following transactions took place:
| Director |
DSBP award |
Dividend equivalent shares |
Total shares awarded for nil consideration |
Shares sold to cover income tax and NI liabilities and dealing costs |
Sale price per share
|
| Nickyl Raithatha |
121,920 |
548 |
122,468 |
57,850 |
£2.15104 |
| Andy MacKinnon |
78,827 |
354 |
79,181 |
37,403 |
£2.15104 |
LTIP award
The performance period for the LTIP awards that were granted on 5 July 2022 ended on 30 April 2025. The Adjusted pre-tax EPS condition was not met, however the threshold TSR target was met and therefore 13.9% of the awards have vested. As a result of the vesting of those awards, the following transactions took place:
| Director |
LTIP shares vesting |
Dividend equivalent shares |
Total shares awarded for nil consideration |
Shares sold to cover income tax and NI liabilities and dealing costs |
Sale price per share
|
| Nickyl Raithatha |
63,436 |
285 |
63,721 |
30,100 |
£2.15104 |
| Andy MacKinnon |
30,761 |
138 |
30,899 |
14,596 |
£2.15104 |
Both the DSBP awards and the LTIP awards were satisfied through the transfer of shares from an Employee Benefit Trust (EBT). This is consistent with the Group's intention, communicated in the FY25 full year results announcement, that share awards should where appropriate (having regard to the share price) be satisfied through market purchases rather than through the issue of new shares. The balance of shares under each vested award not sold to cover income tax, NI and dealing costs were transferred to the Executive Directors from the EBT and are subject to a two-year post-vesting holding period.
The Executive Directors' shareholdings following these transactions are set out below:
| Director |
Number of shares held |
% of salary represented by shareholding |
Shareholding requirement of 300% salary met? |
| Nickyl Raithatha |
3,849,353 |
1.17 |
Yes |
| Andy MacKinnon |
1,069,523 |
0.33 |
Yes |
Following the transactions the EBT holds 375,743 shares in the Company, representing 0.11% of the issued share capital as at the date of this announcement.
The relevant notifications set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
Moonpig Group plc
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||
| a)
|
Name |
Nickyl Raithatha |
|||
| 2
|
Reason for the notification |
||||
| a)
|
Position/status
|
Executive Director/PDMR |
|||
| b)
|
Initial notification /Amendment |
Initial notification |
|||
| 3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
| a)
|
Name |
Moonpig Group plc |
|||
| b)
|
LEI |
213800VAYO5KCAXZHK83 |
|||
| 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 |
Ordinary Shares of £0.10 each |
|||
|
|
|
||||
| Identification code |
ISIN: GB00BMT9K014 |
||||
|
|
|
||||
| b)
|
Nature of the transaction
|
(1) Transfer of shares from EBT to satisfy DSBP award (2) Sale of sufficient shares to cover income tax and national insurance due on shares vesting under DSBP award (3) Transfer of shares from EBT to satisfy LTIP award (4) Sale of sufficient shares to cover income tax and national insurance due on shares vesting under LTIP award |
|||
| c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
£2.15104 per share |
64,618 |
|
|
|
|
|
£2.15104 per share |
57,850 |
|
|
|
|
|
|
£2.15104 per share |
33,621 |
|
|
|
|
|
£2.15104 per share |
30,100 |
|
| d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
| - Aggregated volume |
N/A
|
||||
| - Price |
N/A |
||||
|
|
|
||||
| e)
|
Date of the transaction |
7 July 2025 |
|||
| f)
|
Place of the transaction |
(1) and (3) Outside of a trading venue (2) and (4) XLON |
|||
Moonpig Group plc
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||
| a)
|
Name |
Andy MacKinnon |
|||
| 2
|
Reason for the notification |
||||
| a)
|
Position/status
|
Executive Director/PDMR |
|||
| b)
|
Initial notification /Amendment |
Initial notification |
|||
| 3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
| a)
|
Name |
Moonpig Group plc |
|||
| b)
|
LEI |
213800VAYO5KCAXZHK83 |
|||
| 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 |
Ordinary Shares of £0.10 each |
|||
|
|
|
||||
| Identification code |
ISIN: GB00BMT9K014 |
||||
|
|
|
||||
| b)
|
Nature of the transaction
|
(1) Transfer of shares from EBT to satisfy DSBP award (2) Sale of sufficient shares to cover income tax and national insurance due on shares vesting under DSBP award (3) Transfer of shares from EBT to satisfy LTIP award (4) Sale of sufficient shares to cover income tax and national insurance due on shares vesting under LTIP award |
|||
| c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
£2.15104 per share |
41,778 |
|
|
|
|
|
£2.15104 per share |
37,403 |
|
|
|
|
|
|
£2.15104 per share |
16,303 |
|
|
|
|
|
£2.15104 per share |
14,596 |
|
| d)
|
Aggregated information |
N/A |
|||
|
|
|
||||
| - Aggregated volume |
N/A
|
||||
| - Price |
N/A |
||||
|
|
|
||||
| e)
|
Date of the transaction |
7 July 2025 |
|||
| f)
|
Place of the transaction |
(3) and (3) Outside of a trading venue (4) and (4) XLON |
|||
Jayne Powell
Company Secretary
