Dowlais Group PLC Director/PDMR Shareholding
May 23 2024 - 4:00AM
RNS Regulatory News
RNS Number : 6528P
Dowlais Group PLC
23 May 2024
23 May 2024
Dowlais Group
plc
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
On 22 May 2024, Dowlais Group plc
(the "Company") made awards over Ordinary shares of 1 pence each
under the 2024 Omnibus Share Plan ("OSP") to its Executive
Directors as follows:
Name
|
Role
|
Number of Shares
|
Liam Butterworth
|
Chief Executive Officer
|
3,437,598
|
Roberto Fioroni
|
Chief Financial Officer
|
1,622,273
|
The above awards were granted as
conditional share awards which are subject to criteria relating to
the Company's performance over a performance period ending on 31
December 2026. Vested shares will be subject to a two-year holding
period.
The notifications below have been
made in accordance with the requirements of The UK Market Abuse
Regulation.
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
(a)
|
Name
|
Liam Butterworth
|
2.
|
Reason for the
notification
|
(a)
|
Position / status
|
Chief Executive Officer (Person Discharging
Managerial Responsibilities)
|
(b)
|
Initial notification / amendment
|
Initial Notification
|
3.
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction
|
(a)
|
Name
|
Dowlais Group plc
|
(b)
|
LEI
|
213800XM8WOFLY6VPC92
|
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
Identification code
|
Dowlais Group plc ordinary shares of 1 pence
each
GB00BMWRZ071
|
(b)
|
Nature of the transaction
|
Grant of a conditional share award under the
Dowlais Group plc OSP
|
(c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
NIL
|
3,437,598
|
|
(d)
|
Aggregated information
Aggregated volume
Price
|
3,437,598
N/A
|
(e)
|
Date of the transaction
|
22 May 2024
|
(f)
|
Place of the transaction
|
Outside of a trading venue
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
(a)
|
Name
|
Roberto Fioroni
|
2.
|
Reason for the
notification
|
(a)
|
Position / status
|
Chief Financial Officer (Person Discharging
Managerial Responsibilities)
|
(b)
|
Initial notification / amendment
|
Initial Notification
|
3.
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction
|
(a)
|
Name
|
Dowlais Group plc
|
(b)
|
LEI
|
213800XM8WOFLY6VPC92
|
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
Identification code
|
Dowlais Group plc ordinary shares of 1 pence
each
GB00BMWRZ071
|
(b)
|
Nature of the transaction
|
Grant of a conditional share award under the
Dowlais Group plc OSP
|
(c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
NIL
|
1,622,273
|
|
(d)
|
Aggregated information
Aggregated volume
Price
|
1,622,273
N/A
|
(e)
|
Date of the transaction
|
22 May 2024
|
(f)
|
Place of the transaction
|
Outside of a trading venue
|
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