TIDMDWF

RNS Number : 3990K

DWF Group PLC

28 August 2019

DWF GROUP PLC (THE 'COMPANY')

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')

On 27 August 2019, the Company granted to each of the PDMRs listed in the table below conditional awards (the Awards) over such number of Ordinary Shares of 1p each in the Company (Shares) as is set out below. The Awards were granted under the DWF Group plc Equity Incentive Plan (the EIP).

 
 Name                  Maximum number of Shares under 
                                    Award 
                       ------------------------------ 
 Executive Director 
---------------------  ------------------------------ 
 Andrew Leaitherland              779,411 
---------------------  ------------------------------ 
 Chris Stefani                    336,134 
---------------------  ------------------------------ 
 

The Awards will vest after three years, in accordance with the EIP rules, subject to continued employment and the satisfaction of the performance conditions. relating to Earnings per share ("EPS") growth, Return on capital employed ("ROCE") growth and Cash conversion ("CC") rate.

In accordance with the EIP rules, the vested Shares will be subject to a two-year holding period before the Shares are released.

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

Mollie Stoker

Company Secretary

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Andrew Leaitherland 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Director / PDMR - Chief Executive 
                                    Officer 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         DWF Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          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           Ordinary Shares of GBP0.01 each 
       financial instrument,        GB00BJMD6M39 
       type of instrument 
       Identification code 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    LTIP Award over Ordinary Shares under 
                                    DWF Group plc Equity Incentive Plan 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      N/A         779,411 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information        N/A 
       - Aggregated volume 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      27 August, 2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London 
     ---------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Chris Stefani 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Director / PDMR -- Chief Financial 
                                    Officer 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         DWF Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          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           Ordinary Shares of GBP0.01 each 
       financial instrument,        GB00BJMD6M39 
       type of instrument 
       Identification code 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    LTIP Award over Ordinary Shares under 
                                    DWF Group plc Equity Incentive Plan 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      N/A         336,134 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information        N/A 
       - Aggregated volume 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      27 August, 2019 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London 
     ---------------------------  -------------------------------------- 
 

DWF Group plc's Legal Entity Identifier code is 213800O9QREOHTOGQ266.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 28, 2019 04:59 ET (08:59 GMT)

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