Attributions LTIP et participations Administrateur/PDMR

National Monde plc

("Monde National")

Attribution d'actions de performance dans le cadre du Long Term Incentive Plan
et
Notification des transactions par les PDMR

Monde National announces that on 12 December 2022 it adopted the National World Long Term Incentive Plan 2022 ("LTIP") and on 15 December 2022 it made 1,848,718 performance share awards in the form of nominal cost options ("Performance Shares") under the LTIP to its two executive directors as detailed below.

The vesting of all the Performance Shares is conditional on meeting performance conditions measured over a three-year period as described below. The awards will vest on the third anniversary of grant.

Conditions de performances

1. Cible de bénéfice par action ajusté (« BPA »)

Up to 50% of the total Performance Shares will vest dependent upon the achievement of adjusted EPS targets for the year ending 28 December 2024, determined as follows:

Straight line vesting for EPS between 2.8p and 3.2p.

2. Objectif de rendement total pour l'actionnaire (« TSR »)

Up to 50% of the total Performance Shares will vest dependent upon the performance of the Company's Absolute TSR measured over the three year period ending 28 December 2024.  The share price at the start of this period was 30.0 pence, being the closing price of the Company's shares on 31^st December 2021 from LSE website, the last trading day before the start of the performance period.

The making of these awards at these levels and with these performance conditions is in accordance with the Company's Remuneration Policy with regard to the Executive Directors.

In making its determination in relation to the achievement of the above conditions, the Committee may, in line with the Good Governance Practice, exercise its discretion to override formulaic outcomes, including, without limitation, to reflect overall corporate performance and the experience of shareholders in terms of value creation and if the business has suffered an exceptional negative event.

Le Comité des Rémunérations a toute latitude pour ajuster le niveau d'acquisition s'il estime que ce niveau d'acquisition résultant de l'application des conditions de performance n'est pas considéré comme le reflet fidèle et fidèle de la performance de la Société ou comme le reflet fidèle et fidèle de le rendement du titulaire de l'attribution ou lorsqu'il existe tout autre facteur ou toute autre circonstance qui rendrait le niveau d'acquisition inapproprié sans ajustement.

Les informations énoncées ci-dessous sont fournies conformément aux exigences du règlement 19, paragraphe 3, du règlement de l'UE sur les abus de marché n° 596/2014 : 

Enquêtes

National Monde plc

Douglas Easton

a/s Montfort Communications

Communication Montfort

Olly Scott

+ 44 (0) 78 1234 5205