Experian plc, a global data and technology company, has announced transactions in its ordinary shares by directors of the Company. The Co-Investment Plan and Performance Share Plan have resulted in the award of deferred matching ordinary shares to certain directors, subject to performance conditions. The maximum numbers of shares that could vest for each director have been disclosed. The awards were calculated based on bonuses net of tax for some directors and gross bonuses for others. The awards are subject to taxation at the point of vesting.
The transactions were made under the Experian Co-Investment Plan and the Experian Performance Share Plan. The awards are subject to performance conditions, and the maximum number of shares that could vest for each director has been specified. The notifications were made in accordance with Article 19.3 of the UK Market Abuse Regulation.
The transactions involved the acquisition of shares and the grant of conditional rights to receive shares for nil consideration. The prices and volumes of the transactions have been detailed, with the acquisition taking place on the XLON trading venue and the grant of conditional rights occurring outside a trading venue.
The directors involved in the transactions include Brian Cassin, Lloyd Pitchford, and Craig Boundy, who hold positions as Director and Chief Executive Officer, Director and Chief Financial Officer, and Director and Chief Operating Officer, respectively. The transactions were made in GBP and involved ordinary shares of US 10 cents each in Experian plc.
The Legal Entity Identifier code for Experian plc is 635400RXXHHYT1JTSZ26. The notifications were made under article 19.1 of the UK Market Abuse Regulation.