The Remuneration Policy sets out that the shareholding requirements for Executive Directors of Future plc is 400% of salary for the CEO and 300% of salary for the CFSO. After the transactions set out below the shareholding are:
CEO - 1,130% (including vested but not yet exercised awards)
CFSO - 685% (including vested but not yet exercised awards)
As a result, CEO and CFSO current holdings remain materially above shareholding requirements.
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Zillah Byng-Thorne
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer (PDMR) |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Future plc |
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b)
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LEI
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213800K2581YRLEXV353 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
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Ordinary shares of 15p each |
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Identification code |
GB00BYZN9041 |
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b)
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Nature of the transaction
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Exercise and sale of 2017 Performance Share Plan award over 4,345 shares, 2019 Deferred Annual Bonus award over 25,194 shares and 2020 Deferred Annual Bonus award over 27,111 shares and sale in the market of a further 8,352 shares. |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£12.457375 £12.64 |
56,650 8,352 |
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d)
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Aggregated information |
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- Aggregated volume |
65,002 |
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- Price |
£12.55 |
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e)
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Date of the transaction
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15 December 2022 |
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f)
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Place of the transaction
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London Stock Exchange |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Penny Ladkin-Brand
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial and Strategy Officer (PDMR) |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Future plc |
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b)
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LEI
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213800K2581YRLEXV353 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
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Ordinary shares of 15p each |
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Identification code |
GB00BYZN9041 |
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b)
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Nature of the transaction
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Sale in the market |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£12.75 |
64,000 |
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d)
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Aggregated information |
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- Aggregated volume |
64,000 |
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- Price |
£816,000 |
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e)
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Date of the transaction
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14 December 2022 |
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f)
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Place of the transaction
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London Stock Exchange |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Max Thorne
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2
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Reason for the notification
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a)
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Position/status
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PCA of Zillah Byng-Thorne, Chief Executive Officer (PDMR) |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Future plc |
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b)
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LEI
|
213800K2581YRLEXV353 |
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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
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||||
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a)
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Description of the financial instrument, type of instrument |
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Ordinary shares of 15p each |
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Identification code |
GB00BYZN9041 |
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b)
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Nature of the transaction
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Sale in the market |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£12.74 |
2,100 |
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d)
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Aggregated information |
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- Aggregated volume |
2,100 |
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- Price |
£12.74 |
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e)
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Date of the transaction
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15 December 2022 |
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f)
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Place of the transaction
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London Stock Exchange |
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