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TP ICAP Group PLC Director's Dealing 2026
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 1508Z
TP ICAP Group plc
02 April 2026
TP ICAP Group plc
LEI: 2138006YAA7IRVKKGE63
2 April 2026
TP ICAP Group plc (the 'Company' or 'TP ICAP')
Notification of transactions by persons discharging managerial responsibilities ('PDMRs')
On 1 April 2026, the Company received notifications relating to:
· the vesting of tranche 3 of the awards granted on 31 March 2023 over ordinary shares of 25p each in the Company (the 'Company Shares') under the TP ICAP Group plc Deferred Bonus Share Plan (the '2023 DBSP');
· the vesting of tranche 2 of the awards granted on 31 March 2024 over the Company Shares under the TP ICAP Group plc Deferred Bonus Share and Cash Plan (the '2024 DBSP');
· the vesting of tranche 1 of the awards granted on 28 March 2025 over the Company Shares under the TP ICAP Group plc Deferred Bonus Share and Cash Plan (the '2025 DBSP'); and
· the vesting of awards granted on 31 March 2023 over the Company Shares under the TP ICAP Group plc Restricted Share Plan (the '2023 RSP').
Vesting of awards
Following the vestings on 31 March 2026, a total of 1,910,861 Company Shares were released by the TP ICAP Employee Benefit Trust (the 'EBT') to the PDMRs named in the table below. Each PDMR elected to sell a number of shares to settle the income tax and national insurance ('NI') liabilities and dealing charges arising on vesting. These market sales were completed on 31 March 2026. For awards vesting under the 2023 DBSP, the 2024 DBSP and the 2025 DBSP, a further six-month post-vesting retention period applies. For awards vesting under the 2023 RSP, a further two-year post-vesting holding period applies.
The table below sets out the number of Company Shares released to each PDMR, the number subsequently sold to discharge income tax, NI and dealing charges arising on vesting, and the number retained by each PDMR.
| PDMR | Nicolas Breteau | Robin Stewart | Philip Price |
| Title | Chief Executive Officer | Chief Financial Officer | Group General Counsel |
| 2023 DBSP | |||
| Company Shares released | 108,112 | 49,966 | 51,820 |
| Company Shares sold to discharge income tax, NI and dealing charges | 51,017 | 23,579 | 24,454 |
| Sale price per Company Share (£) | 2.7075 | 2.7075 | 2.7075 |
| Company Shares retained | 57,095 | 26,387 | 27,366 |
| 2024 DBSP | |||
| Company Shares released | 138,263 | 65,178 | 65,528 |
| Company Shares sold to discharge income tax, NI and dealing charges | 65,245 | 30,757 | 30,922 |
| Sale price per Company Share (£) | 2.7075 | 2.7075 | 2.7075 |
| Company Shares retained | 73,018 | 34,421 | 34,606 |
| 2025 DBSP | |||
| Company Shares released | 118,632 | 56,057 | 56,053 |
| Company Shares sold to discharge income tax, NI and dealing charges | 55,981 | 26,452 | 26,450 |
| Sale price per Company Share (£) | 2.7075 | 2.7075 | 2.7075 |
| Company Shares retained | 62,651 | 29,605 | 29,603 |
| 2023 RSP | |||
| Company Shares released | 546,657 | 323,816 | 330,779 |
| Company Shares sold to discharge income tax, NI and dealing charges | 257,961 | 152,805 | 156,091 |
| Sale price per Company Share (£) | 2.7075 | 2.7075 | 2.7075 |
| Company Shares retained | 288,696 | 171,011 | 174,688 |
Notifications
The following notifications are made in accordance with the requirements of the UK Market Abuse Regulation and provide further detail.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nicolas Breteau
2
Reason for the notification
a)
Position/status
Director and PDMR
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
TP ICAP Group plc
b)
LEI
2138006YAA7IRVKKGE63
4
Details of the transaction(s)
2023 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 3 of the 2023 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 3 of the 2023 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 108,112 |
| (2) | £2.7075 | 51,017 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 108,112
(2) 51,017
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
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
2024 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 2 of the 2024 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 2 of the 2024 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 138,263 |
| (2) | £2.7075 | 65,245 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 138,263
(2) 65,245
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
2025 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 1 of the 2025 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 1 of the 2025 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 118,632 |
| (2) | £2.7075 | 55,981 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 118,632
(2) 55,981
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
4
Details of the transaction(s)
2023 RSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of the 2023 RSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of the RSP 2023 award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 546,657 |
| (2) | £2.7075 | 257,961 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 546,657
(2) 257,961
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Robin Stewart
2
Reason for the notification
a)
Position/status
Director and PDMR
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
TP ICAP Group plc
b)
LEI
2138006YAA7IRVKKGE63
4
Details of the transaction(s)
2023 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 3 of the 2023 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 3 of the 2023 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 49,966 |
| (2) | £2.7075 | 23,579 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 49,966
(2) 23,579
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
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
2024 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 2 of the 2024 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 2 of the 2024 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 65,178 |
| (2) | £2.7075 | 30,757 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 65,178
(2) 30,757
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
2025 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 1 of the 2025 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 1 of the 2025 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 56,057 |
| (2) | £2.7075 | 26,452 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 56,057
(2) 26,452
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
4
Details of the transaction(s)
2023 RSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of the TP ICAP Group plc RSP 2023 award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of the RSP 2023 award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 323,816 |
| (2) | £2.7075 | 152,805 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 323,816
(2) 152,805
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Price
2
Reason for the notification
a)
Position/status
Director and PDMR
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
TP ICAP Group plc
b)
LEI
2138006YAA7IRVKKGE63
4
Details of the transaction(s)
2023 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 3 of the 2023 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 3 of the 2023 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 51,820 |
| (2) | £2.7075 | 24,454 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 51,820
(2) 24,454
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
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
2024 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 2 of the 2024 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 2 of the 2024 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 65,528 |
| (2) | £2.7075 | 30,922 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 65,528
(2) 30,922
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
2025 DBSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of tranche 1 of the 2025 DBSP award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of tranche 1 of the 2025 DBSP award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 56,053 |
| (2) | £2.7075 | 26,450 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 56,053
(2) 26,450
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
4
Details of the transaction(s)
2023 RSP
a)
Description of the financial instrument, type of instrument / Identification code
Ordinary shares of 25p each / JE00BMDZN391
b)
Nature of the transaction
(1) Transfer of Company Shares from the EBT to the PDMR following the vesting of the TP ICAP Group plc RSP 2023 award.
(2) Sale of Company Shares to meet the income tax and national insurance liabilities and dealing charges arising upon the vesting of the RSP 2023 award.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| (1) | £Nil | 330,779 |
| (2) | £2.7075 | 156,091 |
d)
Aggregated information
- Aggregated volume
- Price
(1) 330,779
(2) 156,091
(1) £Nil
(2) £2.7075
e)
Date of the transaction
31 March 2026
f)
Place of the transaction
(1) Outside a trading venue
(2) London Stock Exchange
Enquiries
Victoria Hames
Interim Group Company Secretary
Ceri Young
Deputy Company Secretary
+44 (0)20 3933 0448
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