Moonpig Group Plc's two Executive Directors, Nickyl Raithatha and Andy MacKinnon, had their Deferred Share Bonus Awards (DSBP) granted in 2021 vest on 6 August 2024. As a result, they sold a portion of their shares to cover income tax, National Insurance (NI) liabilities, and dealing costs. Raithatha sold 27,023 shares, while MacKinnon sold 9,507 shares, both at a price of 2.05 per share. Following these transactions, Raithatha holds 4,751,114 shares, representing 1,568% of his salary, and MacKinnon holds 1,010,992 shares, representing 516% of his salary. Both directors have met the shareholding requirement of 300% of their salary.
The transactions were notified in accordance with the requirements of Article 19 of the EU Market Abuse Regulation. The notifications detailed the allotment of new issue shares to satisfy the DSBP award and the subsequent sale of shares to cover tax and NI liabilities and dealing costs. The transactions took place outside of a trading venue on XLON.
The Company Secretary, Jayne Powell, provided the notifications and can be contacted via [email protected]. The information was supplied by Euroland.com, and their privacy policy can be found on their website.
This notification provides insight into the shareholding activities of Moonpig Group Plc's Executive Directors, reflecting the vesting of their Deferred Share Bonus Awards and the subsequent sale of shares to cover tax and NI liabilities and dealing costs.