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RM plc: Director/PDMR Performance Share Plan Award

29th Nov 2022 07:00

RM plc (RM.) RM plc: Director/PDMR Performance Share Plan Award 29-Nov-2022 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Tuesday, 29 November 2022

RM plc

Director/PDMR Performance Share Plan Awards

In accordance with the Market Abuse Regulations, RM plc announces that, on 28 November 2022, options were granted for nil consideration over the following numbers of ordinary shares of 2 2/7pence each in the Company under the RM Performance Share Plan 2019:

Director/PDMR	Shares Comprised in Awards
Jason Tomlinson	135,000

The options are exercisable in the period 01 December 2025 to 28 November 2032 at an exercise price of £0.00 per share. It is anticipated that option exercises will be satisfied by the transfer of shares from the Company's employee benefit trust.

Vesting of the award and the receipt of shares will be based on the following criteria:

One hundred percent (100%) of the award will be based on the Company’s relative TSR performance measured from the average of the Index during September and October 2022 to the average of the Index during September and October 2025. The Company’s TSR performance shall be measured against the TSR performance of the companies (Comparator Group) within the FTSE Small Cap (ex IT) Index over the above period and must be at least at the median of a ranking of the TSR of each of the members of the Comparator Group. Vesting will occur on a sliding scale between median (25%) and upper quartile (100%).

No award can vest before 01 December 2025. The Award will be subject to a Holding Period which will end two years after the vesting date.

Contact:

RM plc

08450 700300

Mark Lágler

Company Secretary

Notes:

The RM Performance Share Plan 2019 was approved by shareholders at the Company’s AGM held on 27 March 2019.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jason Tomlinson
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	RM plc
b)	LEI	2138005RKUCIEKLXWM61
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 2 2/7 pence each

	Identification code	ISIN GB00BJT0FF39
b)	Nature of the transaction	Grant of conditional awards
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	135,000
d)	Aggregated information

	- Aggregated volume	N/A

	- Price	N/A

e)	Date of the transaction	28 November 2022
f)	Place of the transaction	Outside a trading venue


ISIN:	GB00BJT0FF39
Category Code:	DSH
TIDM:	RM.
LEI Code:	2138005RKUCIEKLXWM61
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	204520
EQS News ID:	1499703


End of Announcement	EQS News Service

UK Regulatory announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

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