Origin Enterprises plc (AIM: OGN; Euronext Growth Dublin: OIZ) has disclosed that Chief Executive Officer Sean Coyle received 104,443 ordinary shares on 6 November 2026 following the settlement of Long Term Incentive Plan awards originally granted on 2 October 2023. Of those vested shares, 54,995 were sold at €3.9459 each to cover taxation liabilities, exercise costs, and commissions, with 49,448 shares retained. Following both transactions, Coyle beneficially holds 580,491 ordinary shares in the company, representing approximately 0.54% of issued share capital excluding treasury shares. The notification was made under Article 19 of the EU Market Abuse Regulation.

Key Points

  • Origin Enterprises plc (AIM: OGN / Euronext Growth Dublin: OIZ)
  • CEO Sean Coyle's LTIP awards granted on 2 October 2023 vested and were settled on 6 November 2026, resulting in 104,443 ordinary shares being acquired
  • 54,995 shares sold at €3.9459 each to meet tax and cost obligations; 49,448 shares retained; total beneficial holding now 580,491 shares (~0.54% of issued capital)
  • Investors may be watching whether further LTIP tranches remain outstanding and how executive shareholding levels evolve ahead of future reporting periods

Sean Coyle's LTIP Awards Granted in 2023 Vest and Settle in November 2026

The announcement states that conditional share awards previously granted to Sean Coyle on 2 October 2023 under Origin Enterprises' Long Term Incentive Plan 2015 were settled on 6 November 2026 to the extent they vested. In total, 104,443 ordinary shares of €0.01 each were acquired by Coyle as a result of this settlement. The LTIP is a standard long-term remuneration structure used to align executive interests with shareholder value over multi-year performance periods, and its settlement marks the culmination of a three-year incentive cycle for the chief executive.

Tax-Driven Share Disposal Sees 54,995 Shares Sold at €3.9459 Each

To satisfy the taxation liabilities, exercise costs, and associated commissions arising from the vesting event, Coyle disposed of 54,995 of the newly acquired shares at a price of €3.9459 per share on 6 November 2026 in Dublin, Ireland. The announcement notes that this disposal was entirely for the purpose of meeting these financial obligations connected to the LTIP settlement, rather than representing a discretionary sale. After this disposal, Coyle's beneficial holding stood at 580,491 ordinary shares, equating to approximately 0.54% of the company's issued share capital excluding treasury shares.

Origin Enterprises Operates Across Ireland, UK, Brazil, Poland and Romania

Origin Enterprises describes itself as a provider of technically-led sustainable land-use solutions, supporting customers in maximising land productivity. The group holds leading market positions in Ireland, the United Kingdom, Brazil, Poland, and Romania. It is dual-listed on the Euronext Growth Dublin market under the ticker OIZ and on the AIM market of the London Stock Exchange under the ticker OGN. This geographic diversification across both European and South American agricultural markets forms a core part of the group's operational and commercial strategy.

PDMR Disclosure Made Under EU Market Abuse Regulation Article 19

Origin Enterprises filed this notification in compliance with Article 19 of Regulation (EU) No 596/2014, which requires persons discharging managerial responsibilities and persons closely associated with them to report transactions in the issuer's financial instruments. The company's LEI is recorded as 213800AIB4U7N5BLS350. Company Secretary Emer Moran and Head of Investor Relations Brendan Corcoran are listed as enquiry contacts. Investors may be watching subsequent PDMR disclosures to monitor any further changes in executive shareholding levels as the company progresses through its financial reporting calendar.