15th Oct 2025 17:03
15 October 2025
Volution Group plc
Vesting, Exercise and Sale of Share Awards under the Company's
Deferred Share Bonus Plan
Volution Group plc ("Volution" or the "Company", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that the award granted under the Company's Deferred Share Bonus Plan (DSBP) on 12 October 2022 has vested following the end of a three-year deferral period. This share award was not subject to performance conditions. No consideration was paid for the DSBP share award and no consideration was payable on vesting. The following table shows the number of share awards vested and exercised and the number of shares sold by Ronnie George and Andy O'Brien on 14 October 2025:
| Number of DSBP shares vesting 1 | Number of shares sold | Price at which each share sold |
Ronnie George, Chief Executive Officer
|
41,444 |
41,444 |
£6.56 |
Andy O'Brien, Chief Financial Officer
|
29,001 |
29,001 |
£6.56 |
1. In accordance with the rules of the DSBP, dividend equivalent shares in respect of the period between grant and vesting were added to the vested share award.
The attached notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.
-ends-
Enquiries:
Volution Group plc
Fiona Smith, Company Secretary
Legal Entity Identifier: 213800EPT84EQCDHO768
Note to Editors:
Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions. Volution Group comprises 29 key brands across three regions:
UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.
Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.
Australasia: Simx, Ventair, Manrose, DVS, Fantech, Ideal Air, NCS Acoustics, Air Design, Major Air, Systemaire, Burra Steel.
For more information, please go to: www.volutiongroupplc.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Name
| Ronnie George | ||||||
2
| Reason for the notification | |||||||
a)
| Position/status
| Chief Executive Officer | ||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Volution Group plc | ||||||
b)
| LEI
| 213800EPT84EQCDHO768 | ||||||
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
Identification code
| Ordinary shares of 1 pence each
ISIN: GB00BN3ZZ526 | ||||||
b)
| Nature of the transaction
| Vesting, exercise and sale of conditional share award under the Volution Deferred Share Bonus Plan (DSBP).
| ||||||
c)
| Price(s) and volume(s)
| DSBP:
| ||||||
d)
| Aggregated information
- Aggregated volume - Price | Aggregated volume:
Exercise Volume: 41,444 Price: £Nil
Sale Volume: 41,444 Sale Price: £6.56 per share
| ||||||
e)
| Date of the transaction | 14 October 2025 | ||||||
f)
| Place of the transaction | Outside a trading venue (exercise of conditional share award and retention of shares) and London Stock Exchange, Main Market (XLON) (sale of shares). | ||||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Name
| Andy O'Brien | ||||||
2
| Reason for the notification | |||||||
a)
| Position/status
| Chief Financial Officer | ||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Volution Group plc | ||||||
b)
| LEI
| 213800EPT84EQCDHO768 | ||||||
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
Identification code
| Ordinary shares of 1 pence each
ISIN: GB00BN3ZZ526 | ||||||
b)
| Nature of the transaction
| Vesting, exercise and sale of conditional share award under the Volution Deferred Share Bonus Plan (DSBP). | ||||||
c)
| Price(s) and volume(s)
| DSBP:
| ||||||
d)
| Aggregated information
- Aggregated volume - Price | Aggregated volume:
Exercise Volume: 29,001 Price: £Nil
Sale Volume: 29,001 Price: £6.56 per share
| ||||||
e)
| Date of the transaction | 14 October 2025 | ||||||
f)
| Place of the transaction | Outside a trading venue (exercise of conditional share award and retention of shares) and London Stock Exchange, Main Market (XLON) (sale of shares). | ||||||
Related Shares:
Volution Group PLS