REG - Eurowag - Director/PDMR Shareholding

WAG Payment SolutionsAnnouncement

17/05/2024 13:00

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RNS Number : 9520O  Eurowag  17 May 2024

 

W.A.G payment solutions plc

(the "Company" or "Eurowag")

Notification and public disclosure of transactions by PDMR

LTIP Awards

W.A.G payment solutions plc a leading pan-European integrated payments and
mobility platform focused on the Commercial Road Transportation ("CRT")
industry, today announces that on 16 May 2024 the following three awards
("Awards") in relation to ordinary shares of 1 penny each in the Company were
granted under the Company's Long Term Incentive Plan ("LTIP") to the following
person discharging managerial responsibilities:

 Participant  Position                 Details of Awards
 Oskar Zahn   Chief Financial Officer  1. Performance Share Award over 452,949 Shares

                                       2. Restricted Share Award over 452,949 Shares

                                       3. One-off additional Restricted Share Award over 603,932 Shares

The Awards align to the new Directors' Remuneration Policy, which was approved
by shareholders at the AGM on 16 May 2024, and will ordinarily vest on the
third anniversary of grant subject to continued service and subject to
performance conditions (in the case of the Performance Share Award) and
underpin conditions (in the case of the Restricted Share Awards) as relevant.

Full details of the performance conditions and underpin conditions can be
found in the Directors' Remuneration Report section of the Annual Report and
Accounts 2023.

The Awards are structured as options with a nominal option price of 1p per
share and are subject to a two-year post vesting holding period (net of tax).

Subject to the terms of the LTIP once exercisable the Awards are exercisable
from vesting until the tenth anniversary of the grant date.

The information set out below is provided in accordance with the requirements
of Article 19 of the UK Market Abuse Regulation.

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Oskar Zahn

 2   Reason for Notification
 a)  Position/status                                              Chief Financial Officer

 b)  Initial notification/Amendment                               Initial Announcement
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         W.A.G payment solutions plc
 b)  LEI                                                          213800HU63CWV5J8YK95

 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 1 penny each

     Identification code                                          ISIN GB00BLGXWY71
 b)  Nature of the transaction                                    Three Awards under the Company's LTIP.

                                                                  The Awards are structured as options with an option price of 1 penny per
                                                                  Share.

                                                                  Award 1 is a Performance Share Award.

                                                                  Awards 2 and 3 are Restricted Share Awards.

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            1. Nil    1. 452,949 Shares

                                                                  2. Nil

                                                                      2. 452,949 Shares

                                                                  3. Nil    3. 603,932 Shares

 d)  Aggregated information

     -  Aggregated volume                                         N/A single transaction

     -  Price                                                     Nil
 e)  Date of the transaction                                      16 May 2024
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-  Aggregated volume

-  Price

 

N/A single transaction

Nil

e)

Date of the transaction

16 May 2024

f)

Place of the transaction

Outside of a trading venue

 

ENQUIRIES:

Eurowag

Carla Bloom

Head of Investor Relations and Communications

+44 (0) 789 109 4542

investors@eurowag.com (mailto:investors@eurowag.com)

 

Powerscourt

 

Justin Griffiths, Gilly Lock

IR and international media

+44 (0)20 7250 1446

eurowag@powerscourt-group.com (mailto:eurowag@powerscourt-group.com)

 

About Eurowag

Eurowag was founded in 1995 and is a leading technology company and an
important partner to Europe's commercial road transport industry, with a
purpose to make it clean, fair and efficient. Eurowag enables trucking
companies to successfully transition to a low carbon, digital future by
harnessing all mission critical data, insights and payment and financing
transactions into a single ecosystem and connects their operations seamless
before a journey, on the road and post-delivery. http://www.eurowag.com
(http://www.eurowag.com/)

 

 

 

 

 

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