JD Sports Fashion Plc, a leading retailer of sports, fashion, and outdoor brands, has announced the granting of deferred bonus awards to its Executive Directors. The awards, in the form of nil cost options over ordinary shares, are subject to stretching performance targets in line with the Group's Directors' Remuneration Policy. These bonus awards, made under the JD Sports Fashion Plc Deferred Bonus Plan, are in respect of the 2024 financial year. The bonuses will be payable 50% in cash and 50% in deferred shares in the form of nil cost options, which will vest after three years, subject to the rules of the DBP, including provisions relating to malus and clawback.
The specific awards made include 175,281 shares granted to Régis Schultz under the FY24 DBP and 18,712 shares granted to Dominic Platt under the same plan. The Notification of Dealing Form provided in accordance with the requirements of the UK Market Abuse Regulation includes details of the PDMR (Persons Discharging Managerial Responsibilities) and the issuer, JD Sports Fashion Plc. The transactions, which involved the grant of nil cost options over ordinary shares in JD Sports Fashion plc, took place outside a trading venue on 10 June 2024.
For further information, interested parties can contact JD Sports Fashion Plc at 0161 767 1000 or FGS Global at 0207 251 3801. The individuals to contact include Régis Schultz, Chief Executive Officer; Dominic Platt, Chief Financial Officer; Theresa Casey, General Counsel & Company Secretary; and Mark Blythman, Investor Relations Director. The notification also includes details of the PDMRs, Régis Schultz and Dominic Platt, their positions, and the nature of the transactions.