Companies Act 2006 - Section 430(2B) Notices


Roger Whiteside

Roger Whiteside ceased to be Chief Executive and a Director of the Company on 17 May 2022.

Prior to this date, he received his salary, pension and benefits as normal and as set out on page 84 to 106 of the 2021 Annual Report and Accounts.

During the balance of his notice period (which ends on 5 January 2023), he will receive monthly payments of his salary, pension and benefits. During this period he will also be available to support the transition process. As he is retiring, the Remuneration Committee and the Board have agreed to treat Roger as a good leaver. He will be entitled to receive an annual bonus for 2022 for the period worked up to 17 May, with any bonus payment pro-rated to cover this period only. The bonus outcome will depend on the achievement of the specific targets set for the year and will be determined at the normal time in early 2023. His outstanding PSP awards will continue to vest at the normal time and be subject to the satisfaction of the agreed performance targets. The awards granted in 2020 and 2021 will be pro-rated to reflect the proportion of the vesting period completed by the time employment ceases at the end of the notice period.

The Company's Remuneration Report for the financial year ended 31 December 2022 will include details of the remuneration paid to Mr Whiteside during the period from 2 January 2022 to 31 December 2022.