FDM Group (Holdings) Plc, a global professional services provider focusing on Information Technology, disclosed that on May 31, 2024, several Executive Directors and Persons Discharging Managerial Responsibilities (PDMRs) acquired ordinary shares in the company. The shares were purchased at a price of £4.41 each from the Company's Employee Benefit Trust, representing a portion of the individuals' bonuses for the year ended December 31, 2023. The shares are subject to a two-year deferral period, aligning with the bonus deferral arrangements outlined in the current Directors' Remuneration Policy, approved by shareholders at the AGM held on May 14, 2024.
The Executive Directors who acquired shares and the respective quantities are Roderick Flavell (2,867 shares), Sheila Flavell (2,035 shares), Andrew Brown (1,961 shares), and Michael McLaren (1,961 shares). Additionally, PDMRs Jonathan Young acquired 1,795 shares, Jon Taplin acquired 90 shares, and Mark Heather acquired 185 shares.
The notification also provided detailed information about the transactions, including the names, positions, and the nature of the acquisition for each individual. The acquisition of ordinary shares of £0.01 each in the Company was conducted outside a trading venue on May 31, 2024, at a price of £4.41 per share.
This announcement reflects the commitment of the Company's leadership and PDMRs to the long-term success and performance of FDM Group (Holdings) Plc, as well as their confidence in the company's future prospects.