The Trustees of the Phoenix Group Holdings plc Share Incentive Plan (SIP) have notified the company of their monthly investment in the SIP. The Trustees purchased ordinary shares of 10 pence each at a price of 540.21 pence per share on 07 August 2023 under the 'Partnership' and 'Matching' element of the SIP. The SIP allows eligible participating employees to contribute from their monthly salary to purchase 'Partnership Shares', with the company matching this based on a one for one ratio up to a maximum of £50. The number of Partnership and Matching Shares purchased and awarded by the company's Persons Discharging Managerial Responsibilities (PDMRs) is detailed in the table provided in the news release.
The news release also includes the details of the transactions made by each PDMR, including the number of Partnership and Matching Shares acquired, the price per share, and the date and place of the transaction. The transactions were made in accordance with the UK Markets Abuse Regulation.
Overall, this news release provides information about the monthly investment in the Phoenix Group Holdings plc SIP by the Trustees, as well as the details of the transactions made by the company's PDMRs.