Close Brothers Group PLC has announced the notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. The first person mentioned is Adrian Sainsbury, the Group Chief Executive, and the second person is Susanne Sainsbury, who is closely associated with Adrian Sainsbury. The reason for the notification is the call for various share schemes, including the 2018 LTIP and the 2020, 2021, and 2022 Deferred Annual Bonuses. The total number of shares called is 41,347, and a part of these shares (19,492) has been sold, while the remaining shares (21,855) have been transferred from Adrian Sainsbury to Susanne Sainsbury. The transaction took place on 19 December 2023 on the London Stock Exchange.
The second person mentioned is Rebekah Etherington, the Group Head of Human Resources. The reason for the notification is the call for the 2018 LTIP and the 2021 Deferred Annual Bonus, totaling 8,939 shares. Additionally, a part of these shares (4,217) has been sold, while 4,722 shares have been retained. The transaction also took place on 19 December 2023.
No specific prices are mentioned for the transactions, except for the volume-weighted average price of £7.85 per share. The aggregated information for the transactions is not provided. The London Stock Exchange is mentioned as the place of the transaction for both individuals.
Overall, the news highlights the share transactions made by Adrian Sainsbury, Susanne Sainsbury, and Rebekah Etherington, who are persons discharging managerial responsibilities or closely associated with them at Close Brothers Group PLC.