Director/PDMR Shareholding

Dowlais Group PLC

22 March 2024

 

22 March 2024  

Dowlais Group plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities  

The Company announces that on 21 March 2024, ordinary shares of 1p each in the Company ("Shares") were purchased by Liam Butterworth, CEO of the Company and Roberto Fioroni, CFO of the Company (each Persons Discharging Managerial Responsibilities ("PDMRs")), as listed below.

Director	No. of Shares
Liam Butterworth	314,899
Roberto Fioroni	167,179

The Shares were purchased as part of the Company's annual bonus arrangements for the 2023 financial year. Each PDMR converted a portion of their net annual bonus into Shares.

Neither PDMR may ordinarily sell, transfer, assign or dispose of the Shares for a period of two years. 

These notifications have been made in accordance with the requirements of The UK Market Abuse Regulation.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Liam Butterworth
2.	Reason for the notification
(a)	Position / status	Chief Executive Officer (Person Discharging Managerial Responsibilities)
(b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
(a)	Name	Dowlais Group plc
(b)	LEI	213800XM8WOFLY6VPC92
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 Identification code	Dowlais Group plc ordinary shares of 1 pence each GB00BMWRZ071
(b)	Nature of the transaction	Acquisition of shares pursuant to the Company's annual bonus arrangements for the 2023 financial year
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.811771	314,899
(d)	Aggregated information Aggregated volume Price	314,899 shares £0.811771 per share
(e)	Date of the transaction	21 March 2024
(f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Roberto Fioroni
2.	Reason for the notification
(a)	Position / status	Chief Financial Officer (Person Discharging Managerial Responsibilities)
(b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
(a)	Name	Dowlais Group plc
(b)	LEI	213800XM8WOFLY6VPC92
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 Identification code	Dowlais Group plc ordinary shares of 1 pence each GB00BMWRZ071
(b)	Nature of the transaction	Acquisition of shares pursuant to the Company's annual bonus arrangements for the 2023 financial year
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.811771	167,179
(d)	Aggregated information Aggregated volume Price	167,179 shares £0.811771 per share
(e)	Date of the transaction	21 March 2024
(f)	Place of the transaction	London Stock Exchange (XLON)

 

END