Windward Ltd. Vesting of Restricted Share Units and PDMR Dealing (9948S)
November 13 2023 - 1:00AM
UK Regulatory
TIDMWNWD
RNS Number : 9948S
Windward Ltd.
13 November 2023
13 November 2023
Windward Ltd.
("Windward", "the Company")
Vesting of Restricted Share Units and PDMR dealing
Further to the announcement dated 29 September 2022, Windward
(LON: WNWD), the leading Maritime AI company, announces that 3,594
Restricted Share Units ("RSU") granted to Ofer Segev has vested in
accordance with the terms of the RSUs.
As set out in the announcement dated 8 December 2022, the
Company issued a total of 2,000,000 Ordinary Shares to IBI Trust
Management (the "Pool Shares"). The Pool Shares are held in trust
by IBI Trust Management solely to be used to satisfy exercise of
options and/or vesting of restricted stock units. Accordingly,
3,594 ordinary shares of NIS no nominal value in the capital of the
Company ("Ordinary Shares") have been transferred to Ofer Segev
from IBI Trust Management out of the Pool Shares to satisfy the
settlement of the 3,594 RSUs.
For more information, please contact:
Windward Via Alma
Irit Singer, CMO
Canaccord Genuity (Nominated Adviser
& Broker) +44(0)20 7523 8000
Simon Bridges / Andrew Potts
Alma +44(0)20 3405 0205
Caroline Forde / Kieran Breheny
About Windward
Windward (LSE:WNWD), a publicly-traded company on the London
Stock Exchange, is a leading Maritime AI company, enabling
organisations to achieve business and operational readiness.
Windward's AI-powered solution allows stakeholders including banks,
commodity traders, insurers, and major energy and shipping
companies to make real-time, predictive intelligence-driven
decisions, providing a 360deg view of the maritime ecosystem and
its broader impact on safety, security, finance, and business. For
more information visit: https://windward.ai/.
Details of the person discharging managerial responsibilities/person
1 closely associated
(a) Name Ofer Segev
-------------------------------- ----------------------------------------
Reason for the notification
2
--------------------------------------------------------------------------
(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 Windward Ltd.
-------------------------------- ----------------------------------------
(b) LEI 213800RP7B4UJ1DDKY67
-------------------------------- ----------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Options over ordinary shares
instrument, type of instrument ISIN IL0011809428
Identification code
-------------------------------- ----------------------------------------
(b) Nature of the transaction Exercise of Restricted
Share Units, Issuance of
Ordinary Shares
-------------------------------- ----------------------------------------
(c) Price(s) and volume(s) Price(s) Volume(s)
Nil 3,594
-------------------------------- ----------------------------------------
(d) Aggregated information
- Aggregated volume 3,594 Nil
- Price
-------------------------------- ----------------------------------------
(e) Date of the transaction 11 November 2023
-------------------------------- ----------------------------------------
(f) Place of the transaction Outside a trading venue
-------------------------------- ----------------------------------------
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END
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