21st May 2025 18:12
Date: 21 May 2025
Future plc
(the "Company")
Director/PDMR holding
Performance Share Plan Award
On 21 May 2025, in accordance with the provisions of the Company's approved Remuneration Policy, an award was made of the following nil-cost options over Ordinary Shares of 15p each in the Company ("Shares") under the terms of the Future plc 2023 Performance Share Plan ("PSP"). This award will normally vest on the third anniversary of grant. The award under the PSP is subject to performance conditions (as set out on page 102 of the Company's Annual Report & Accounts for FY2024) and a holding period applies to the Executive Directors from the vesting date in respect of any Shares which vest under this award.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Kevin Li Ying
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
|
Chief Executive Officer (PDMR) | |||
b)
| Initial notification /Amendment
|
Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
|
Future plc | |||
b)
| LEI
|
213800K2581YRLEXV353 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
a)
| Description of the financial instrument, type of instrument | ||||
Ordinary shares of 15p each | |||||
Identification code | GB00BYZN9041 | ||||
b)
| Nature of the transaction
| Grant of nil cost options over Future plc Shares under the PSP. The award will vest on the third anniversary of the date of grant, subject to the performance conditions, relating to the Company's relative TSR, adjusted diluted EPS and organic revenue growth for the year ended 30 September 2027, as are set out on page 102 of the Company's Annual Report & Accounts for FY2024.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 43,103 | ||||
d)
| Aggregated information | N/A (single transaction) | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 21 May 2025 | |||
f)
| Place of the transaction
| London | |||
Enquiries:
David Bateson
General Counsel and Company Secretary
Future plc
Tel: 01225 442244
About Future
We are the platform for creating and distributing trusted, specialist content, to build engaged and valuable global communities. We operate ~200 brands in diversified content verticals, with multiple market leading positions and three core monetisation frameworks: advertising, eCommerce affiliate and direct consumer monetisation (subscriptions and newstrade magazine sale). Our content is published and distributed through a range of formats including websites, email newsletters, videos, magazines and live events. The successful execution of our strategy is focused on three pillars: grow engaged audience, diversify and grow revenue per user and optimise the portfolio.
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