Director/PDMR Shareholding

RNS Number : 7815X

DWF Group PLC

31 August 2022

 

DWF Group plc

("DWF" or "the Company")

LEI: 213800O9QREOHTOGQ266

31 August 2022

Notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs)

The Company announces the following transactions in respect of Ordinary Shares of £0.01 each in the Company ("Ordinary Shares"):

· Michele Cicchetti, Partner Director and Managing Partner Italy, had 11,000 shares automatically vest on 30 August 2022 in accordance with the plan rules as part of his conditional Share Award granted under the DWF Group plc Equity Incentive Plan (EIP) in August 2019 ; and

· Chris Stefani, Chief Financial Officer, had 137,815 Long Term Incentive Plan shares automatically vest on 30 August 2022 in accordance with the plan rules under the EIP following the partial achievement of the performance criteria, with 41% of the LTIP award made on 27 August 2019 vesting for nil consideration and the balance lapsing. Following vesting the shares will be subject to a two-year holding period.

The Notification of Dealing Forms can be found below. These notifications are made under Article 19 of the Market Abuse Regulation ("MAR").

For further information:

DWF Group plc

Darren Drabble, Company Secretary	[phone]
James Igoe, Head of Communications

Maitland/AMO

Sam Turvey	[phone]
Sam Cartwright

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michele Cicchetti
2	Reason for the notification
a)	Position/status	Partner Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DWF Group plc
b)	Legal Entity Identifier	213800O9QREOHTOGQ266
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 of £0.01 each  ISIN: GB00BJMD6M39
b)	Nature of the transaction	Vesting of tranche three out of five of a conditional share award granted under the Equity Incentive Plan on 27 August 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£Nil	11,000
e)	Aggregated information - Aggregated volume - Aggregated Price	11,000 £Nil
f)	Date of the transaction	2022-08-30
g)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Chris Stefani
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DWF Group plc
b)	Legal Entity Identifier	213800O9QREOHTOGQ266
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 of £0.01 each  ISIN: GB00BJMD6M39
b)	Nature of the transaction	Vesting of LTIP Award granted under the Equity Incentive Plan on 27 August 2019
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£Nil	137,815
e)	Aggregated information - Aggregated volume - Aggregated Price	137,815 £Nil
f)	Date of the transaction	2022-08-30
g)	Place of the transaction	Outside of a trading venue

 

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