IWG PLC Director/PDMR Transaction (7096T)
March 26 2021 - 12:36PM
UK Regulatory
TIDMIWG TIDMTTM
RNS Number : 7096T
IWG PLC
26 March 2021
IWG plc (the "Company")
Director/PDMR Transaction
26 March 2021
1 Details of PDMR / person closely associated
a) Name Glyn Hughes
------------------------------ ------------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------
a) Position / status CFO
------------------------------ ------------------------------------------------------------
b) Initial notification Initial notification
/ Amendment
------------------------------ ------------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------------
a) Name IWG plc
------------------------------ ------------------------------------------------------------
b) LEI 2138003LWDII27UTAG52
------------------------------ ------------------------------------------------------------
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 Ordinary shares of 1p
of the financial
instrument,
type of instrument
Identification ISIN: JE00BYVQYS01
code
------------------------------ ------------------------------------------------------------
b) Nature of the 320,887 share awards under the IWG Performance
transaction Share Plan. No consideration was paid
for the grant of the awards which are
structured as nominal cost options. The
vesting of an award is subject to the
satisfaction of performance conditions
set by the Remuneration Committee of
the Company. The awards will normally
vest on the fifth anniversary of the
grant of the awards, and will then normally
remain exercisable until the day before
the tenth anniversary of the date of
grant provided the individual remains
an employee or officer of the group.
------------------------------ ------------------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.00 320,887
----------
------------------------------ ------------------------------------------------------------
d) Aggregated information
* Aggregated volume
320,887
* Price
GBP 0.00
------------------------------ ------------------------------------------------------------
e) Date of the 26 March 2021
transaction
------------------------------ ------------------------------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------------ ------------------------------------------------------------
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END
DSHDKABNOBKDDNB
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March 26, 2021 13:36 ET (17:36 GMT)
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