Director/PDMR Shareholding

RNS Number : 2169P

Harworth Group PLC

17 June 2022

 

Harworth Group plc (the "Company")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them under the Harworth 2019 Share Incentive Plan ("SIP")

The Company announces that on 15 June 2022, "Partnership Shares" were acquired and "Matching Shares" were awarded under the SIP to eligible employees, including the individuals noted below.

As referred to in the 2021 Directors' Remuneration Report, in 2022 the Company has for the first time offered employees the ability to purchase ordinary shares in the Company under the SIP (Partnership Shares) on a monthly basis.  Additional "Matching Shares" are then awarded to participating employees for free. Partnership Shares will be acquired and Matching Shares will be awarded on a monthly basis.

The SIP is a tax advantaged all employee share plan that was approved by shareholders in 2019. Provided the Matching Shares are not withdrawn from the SIP within 5 years from the award date, they may be acquired free of income tax or National Insurance contributions.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	1)  Lynda Shillaw 2)  Katerina Patmore 3)  Andrew Blackshaw 4)  Jonathan Haigh 5)  Chris Birch 6)  Chris Davidson 7)  Ed Catchpole 8)  David Cockroft 9)  Steven Knowles 10)  Tim Love  11)  Peter Henry 12)  Haroon Akram 13)  Douglas Maudsley
2.	Reason for the notification
(a)	Position/status	1)  Chief Executive 2)  Chief Financial Officer 3)  Chief Operating Officer (PDMR) 4)  Chief Investment Officer (PDMR) 5)  General Counsel and Company Secretary (PDMR) 6)  Regional Director, Yorkshire and Central (PDMR) 7)  Regional Director, Yorkshire and Central (PDMR) 8)  Regional Director, Midlands (PDMR) 9)  Regional Director, North West (PDMR) 10)  Strategic Land Director (PDMR) 11)  Director of Sustainability (PDMR) 12)  Director of Strategy, Investment and Business Development (PDMR) 13)  Director of Finance (PDMR)
(a)	Initial notification/ Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Harworth Group plc
(b)	LEI	213800R8JSSGK2KPFG21
4(a).	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 10 pence each
	Identification code	ISIN: GB00BYZJ7G42
(b)	Nature of the transaction	Acquisition of Partnership Shares pursuant to the Harworth 2019 Share Incentive Plan
(c)	Price(s) and volume (s)	Price(s) Volume(s) 1)   1.6184 92 2)   1.6184 92 3)   1.6184 92 4)  1.6184 92 5)   1.6184 92 6)   1.6184 92 7)   1.6184 61 8)   1.6184 92 9)  £1.6184 92 10)  £1.6184 92 11)  £1.6184 61 12)  £1.6184 92 13)  £1.6184 92
(d)	Aggregated information - - Aggregated volume - Price	N/A
(e)	Date of the transaction	15 June 2022
(f)	Place of the transaction	London Stock Exchange
4(b).	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 10 pence each
	Identification code	ISIN: GB00BYZJ7G42
(b)	Nature of the transaction	Award of Matching Shares pursuant to the Harworth 2019 Share Incentive Plan
(c)	Price(s) and volume (s)	Price(s) Volume(s) 1)   Nil 184 2)   Nil 184 3)  Nil 184 4)  Nil 184 5)  Nil 184 6)   Nil 184 7)   Nil 122 8)   Nil 184 9)  Nil 184 10)  Nil 184 11)  Nil 122 12)  Nil 184 13)  Nil 184
(d)	Aggregated information - - Aggregated volume - Price	N/A
(e)	Date of the transaction	15 June 2022
(f)	Place of the transaction	Outside a trading venue

 

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