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RNS Number : 9756E Glenveagh Properties plc 19 May 2026
Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of
Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation)]
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Stephen Garvey
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 Glenveagh Properties plc
b) LEI 635400QUQ2YYGMOAK834
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, Glenveagh Properties plc Ordinary Shares of €0.001 each
type of ISIN: IE00BD6JX574
instrument
Identification code
b) Nature of the transaction Grant of a one-off premium-priced share option award under the CEO Special
Option Plan, as approved by shareholders at the 2026 AGM
c) Price(s) and volume(s)
Price(s) Volume(s)
€3.25 2,200,000
€3.50 2,200,000
€3.75 2,200,000
€4.00 2,200,000
€4.25 2,200,000
d) Aggregated information
- Aggregated volume Not applicable - single transaction
- Price
e) Date of the transaction 15 May 2026
f) Place of the transaction Outside a trading venue
g) Additional Information Subject to satisfaction of the conditions of the CEO Special Option Plan, the
option award will vest and become exercisable at the relevant exercise price
in five equal tranches on the dates set out below:
Price(s) Volume(s) Date of Vesting
€3.25 2,200,000 15 May 2030
€3.50 2,200,000 15 November 2030
€3.75 2,200,000 15 May 2031
€4.00 2,200,000 15 November 2031
€4.25 2,200,000 15 May 2032
The final exercise date of the option award is 15 May 2036.
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
15 May 2026
f)
Place of the transaction
Outside a trading venue
g)
Additional Information
Subject to satisfaction of the conditions of the CEO Special Option Plan, the
option award will vest and become exercisable at the relevant exercise price
in five equal tranches on the dates set out below:
Price(s) Volume(s) Date of Vesting
€3.25 2,200,000 15 May 2030
€3.50 2,200,000 15 November 2030
€3.75 2,200,000 15 May 2031
€4.00 2,200,000 15 November 2031
€4.25 2,200,000 15 May 2032
The final exercise date of the option award is 15 May 2036.
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