Director/ PDMR Transaction

Dar Global PLC

24 July 2024

 

24 July 2024

DAR GLOBAL PLC (THE "COMPANY")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Connected Persons

Dar Global PLC announces that it was today notified that on 24 July 2024 Dar Al Arkan Real Estate Development Company PJSC, a person closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC, pledged security over the indirectly controlled ordinary shares held in the capital of the Company in favour of Emirates NBD and other consortium partners.

There is no change in Dar Al Arkan Real Estate Development Company PJSC beneficial shareholding in the Company.

1.	Details of PDMR / person closely associated
a)	Name	Dar Al Arkan Real Estate Development Company PJSC
2.	Reason for the notification
a)	Position / status	Person closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Dar Global PLC
b)	LEI	213800XRFXQ1KEWACW80
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	Ordinary shares of USD 0.01 each ISIN:  GB00BQXNJY41
b)	Nature of the transaction	Pledging of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 158,000,000
d)	Aggregated information Aggregated volume Price	158,000,000 ordinary shares N/A
e)	Date of the transaction	24 July 2024
f)	Place of the transaction	Outside of a trading venue

 

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