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Superdry plc: PDMR Shareholding

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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

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