Superdry plc Reports PDMR Share Transactions Under SIP

On May 13, 2024, Superdry plc disclosed transactions under its Share Incentive Plan (SIP) involving Persons Discharging Managerial Responsibilities (PDMRs). The transactions included the purchase of Partnership Shares and the allocation of Matching Shares. The details were revealed following regulatory guidelines.

Jennifer Richardson, General Counsel and Company Secretary at Superdry, participated in the scheme. Richardson purchased 141 Partnership Shares at £0.071 each and received 14 Matching Shares at no additional cost. These transactions, part of the employee trust arrangement approved by HM Revenue and Customs, emphasize the company's commitment to aligning the interests of its employees with those of its shareholders.

The transactions were disclosed to the company by the PDMRs on May 14, 2024, and subsequently announced to comply with the EU Market Abuse Regulation. This regulatory compliance ensures transparency and fairness in the handling of insider transactions within the London Stock Exchange, where the activities were carried out.