RNS Number : 3594X

Genus PLC

23 November 2017

23 November 2017

Genus plc

Director/PDMR Shareholding

Genus plc (LSE: GNS) announces that, further to the vesting of conditional nil-cost options on 20 November 2017 under the Genus 2014 Performance Share Plan (the 'PSP') as listed in table A below, a member of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus on 22 November 2017 on the London Stock Exchange to offset income tax and social security liabilities due on the exercise and retained the balance of ordinary shares. 

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of nil-cost options exercised and ordinary shares sold on 22 November 2017.

For further information please contact:

Genus:

Cara Crichton, Deputy Company Secretary                                                                           Tel: +44 (0)1256 347100

Table A - GELT 2014 Performance Share Plan Exercise

1.           

Details of the person discharging managerial responsibilities / person closely associated

a.            

Name

Jerry Thompson

2.            

Reason for the notification

a.            

Position/status

Chief Operating Officer Genus ABS Beef

b.            

Initial notification

/Amendment

Initial notification

3.            

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.           

Name

Genus plc

b.           

LEI

54930022EOITNKSIGH56

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 10p each

GB0002074580

b.            

Nature of the transaction

Exercise of 19,503 nil-cost options under the PSP.

c.            

Price(s) and volume(s)

Price(s)	Volume(s)
0p	19,503

d.            

Aggregated information

·     Aggregated volume

·     Price

Average price(s)	Total volume(s)
0p	19,503

e.            

Date of the transaction

2017-11-22

f.            

Place of the transaction

London Stock Exchange, Main Market (XLON)

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 10p each

GB0002074580

b.

Nature of the transaction

Sale of 6,847 shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise.  The balance of 12,656 shares following the exercise has been retained by Jerry Thompson.

c.

Price(s) and volume(s)

Price(s)	Volume(s)
2,185.64p	6,847

d.

Aggregated information

·     Aggregated volume

·     Price

Aggregated price(s)	Total volume(s)
2,185.64p	6,847

e.

Date of the transaction

2017-11-22

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

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