Director/PDMR Shareholding

RNS Number : 3454U

DSW Capital PLC

01 August 2022

 

1 August 2022

DSW CAPITAL PLC

("DSW Capital" or "DSW" or the "Company")

Director / PDMR Shareholding

DSW has been informed that James Dow, Chief Executive of the Company, purchased 15,000 Ordinary Shares in the Company at a price of 105 pence per Ordinary Share on 29 July 2022. Following the purchase, James Dow's total beneficial interest in the Company comprises 3,107,460 Ordinary Shares, representing 14.47% of the issued share capital of the Company.

For further information please contact:

DSW Capital James Dow, Chief Executive Officer Nicole Burstow, Chief Financial Officer	Tel: [phone] Tel: [phone]
Shore Capital (Nominated Adviser & Broker) James Thomas / John More / Mark Percy Guy Wiehahn (Corporate Broking)	Tel: [phone]
Belvedere Communications Cat Valentine Keeley Clarke	Tel: [phone] Tel: [phone] [e-mail]

About DSW Capital

DSW Capital, owner of the Dow Schofield Watts brand, is a profitable, fast growing, mid-market, challenger professional services network with a cash generative business model and scalable platform for growth. Originally established in 2002, by three KPMG alumni, DSW is one of the first platform models disrupting the traditional model of accounting professional services firms. DSW now operates licensing arrangements with 20 licensee businesses with 88 fee earners ("FEs"), across seven offices in England and three in Scotland. These trade primarily under the Dow Schofield Watts brand.

 DSW's vision is for the DSW Network to become the most sought-after destination for ambitious, entrepreneurial professionals to start and develop their own businesses. Through a licensing model, DSW gives professionals the autonomy and flexibility to fulfil their potential. Being part of the DSW Network brings support benefits in recruitment, funding and infrastructure. DSW's challenger model attracts experienced, senior professionals, predominantly with a "Big 4" accounting firm background, who want to launch their own businesses and recognise the value of the Dow Schofield Watts brand and the synergies which come from being part of the DSW Network.

 DSW aims to scale its agile model through organic growth, geographical expansion, additional service lines and investing in "Break Outs" (existing teams in larger firms). The Directors are targeting high margin, complementary, niche service lines with a strong synergistic fit with the existing DSW Network.

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	James Dow
2	Reason for the notification
a)	Position/status	Director, Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DSW Capital plc
b)	LEI	213800KKIQCIJTGH23
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, type of instrument	Ordinary Shares of 0.25p each
b)	Identification code	GB00BNG9H550
c)	Nature of the transaction	P urchase of Ordinary Shares
d)	Price(s) and volume(s)	Price(s) Volume(s) 105p 15,000
d)	Aggregated information  - Aggregated volume - Price	15,000 105p
e)	Date of the transaction	29 July 2022
f)	Place of the transaction	London Stock Exchange (XLON)

 

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