Director/PDMR Shareholding

RNS Number : 2395J

DWF Group PLC

09 December 2022

 

DWF Group plc

("DWF" or "the Company")

LEI: 213800O9QREOHTOGQ266

9 December 2022

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

On 9 December 2022, the Company granted to Michele Cicchetti, Partner Director, an award over 411,769 Ordinary Shares of 1p each in the Company (the Award). The Award is a conditional award granted under the DWF Group plc Equity Incentive Plan (the EIP).

The Award will vest in equal tranches, with the first tranche vesting on 16 January 2023 and the second tranche upon release of Full Year results, in accordance with the EIP rules and is subject to continued service with the Company.

No consideration was paid for the grant of the Award and no price is payable on the exercise of the Award. For the purposes of this Award, the volume weighted average price for the 5 days immediately preceding 8 November 2022 of £0.6999 was used.

The notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

For further information please contact:

Darren Drabble  [phone]

Company Secretary 

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	Grant of a conditional award over such number of Ordinary Shares of 1p each
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		nil	411,769
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	n/a
f)	Date of the transaction	2022-12-09
g)	Place of the transaction	Outside of a trading venue

 

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