Director/PDMR Shareholding

National World PLC

31 May 2023

 

National World plc

("National World" or the "Company")

Exercise of share options

Director / PDMR Shareholding

National World (NWOR.LSE) announces that pursuant to options granted under the terms of the 2019 Value Creation Plan, on 4 May 2023, it received notification that Mark Hollinshead, Chief Commercial Officer and a person discharging managerial responsibilities ("PDMR") has exercised options over 3,799,009 ordinary shares of 0.1p each ("Ordinary Shares") at an exercise price of 0.1p per Ordinary Share ("VCP Option Shares").

Following the exercise, Mark Hollinshead now has a total beneficial interest in 4,556,916 Ordinary Shares, equivalent to approximately 1.70 per cent. of the Company's issued share capital.

The Company also received notification from another option holder to exercise options over 4,432,177 VCP Option Shares.

Consequently, the Company has allotted 8,231,186 VCP Option Shares. The VCP Option Shares rank, pari passu, in all respects with the Company's existing Ordinary Shares.

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For further information, please contact:

National World plc

Douglas Easton

c/o Montfort Communications

Montfort Communications

Olly Scott

[phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Mark Hollinshead
2	Reason for notification
a)	Position / status	Chief Commercial Officer and PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	National World plc
b)	LEI	213800NL4ICLKYSYU749
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: GB00BJN5J635
b)	Nature of the transaction	Exercise of options granted under the 2019 Value Creation Plan
c)	Price(s) and volumes(s)	Price(s) Volume(s) 0.1p 3,799,009
d)	Aggregated information	n/a
e)	Date of the transaction	4 May 2023
f)	Place of the transaction	Outside a trading venue

 

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