Director/PDMR Transaction

RNS Number : 1598D

IWG PLC

17 October 2022

 

IWG plc (the "Company")

Director/ PDMR Transaction

IWG plc announces that it was today notified that on 17 October 2022 Ms Nicola Sutherland, a person closely associated with Douglas Sutherland, Non-Executive Chairman of IWG plc, pledged security over 400,000 ordinary shares held in the capital of the Company in favour of Banque CBP Quilvest.

There is no change in Douglas Sutherland's beneficial shareholding in the Company and he continues to have an interest and voting rights in 400,000 ordinary shares representing approximately 0.04% of the issued share capital of the Company.

1	Details of PDMR / person closely associated
a)	Name	Nicola Sutherland
2	Reason for the notification
a)	Position / status	Nicola Sutherland is a PCA of Douglas Sutherland, Nonexecutive Chairman, IWG plc
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IWG plc
b)	LEI	2138003LWDII27UTAG52
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 Identification code	Ordinary shares ISIN: JE00BYVQYS01
b)	Nature of the transaction	Pledging of shares
c)	Price(s) and volume(s)	Price(s) GBP Volume(s)  £1.2305 per share (current quote at time of draw on line of credit) 400,000
d)	Aggregated information -  Aggregated volume -  Price	Total number of shares 400,000 £1.2305 per share
e)	Date of the transaction	17 October 2022
f)	Place of the transaction	Outside of a trading venue - Banque CBP Quilvest, 48 rue Charles Martel, Luxembourg L-2134

 

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