NOTIFICATION DEALING WITH GRANT OF AWARDS UNDER THE WISE PLC LONG TERM INCENTIVE PLAN
Wise plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with Article 19 of the UK Market Abuse Regulation.
On 20 December 2022 Wise plc (the "Company") announces that the following award over class A ordinary shares of £0.01 each ("Shares") were granted under the Wise plc Long Term Incentive Plan to a person discharging managerial responsibility ("PDMR").
|
PDMR |
No. of shares under Award |
|
Matthew Briers |
340,767 |
The award will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the relative Total Shareholder Return and Volume Growth Performance Conditions set for the award are satisfied.
Details of the full notifications received by the Company are set out below.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Matthew Briers |
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|
2 |
Reason for Notification |
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|
a) |
Position/status |
PDMR (CFO) |
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|
b) |
Initial notification/Amendment |
Initial Announcement |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Wise plc |
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|
b) |
LEI |
213800LD9XCHIC1C4V71 |
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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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|
a) |
Description of the financial instrument, type of instrument |
Class A Ordinary Shares GBP 0.01 each |
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|
Identification code |
GB00BL9YR756 |
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|
b) |
Nature of the transaction |
Grant of a nil cost option award under the Wise plc Long Term Incentive Plan. The award will ordinarily become exercisable three years from the date of grant, subject to continued service and to the extent to which the relative Total Shareholder Return and Volume Growth Performance Conditions are met and may be exercised for a period of ten years from the date of grant. |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
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|
e) |
Date of the transaction |
20 December 2022 |
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|
f) |
Place of the transaction |
Outside a trading venue |
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