National World PLC Director/PDMR Shareholding (6012E)
June 30 2023 - 8:15AM
UK Regulatory
TIDMNWOR
RNS Number : 6012E
National World PLC
30 June 2023
30 June 2023
National World plc
(the "Company")
Director / PDMR Shareholding
As previously announced, under the terms of the Company's Value
Creation Plan, on 4 May 2023 Mark Hollinhead, Chief Commercial
Officer and a person discharging managerial responsibilities,
exercised options over 3,799,009 ordinary shares of 0.1p each
("Ordinary Shares") at an exercise price of 0.1p per Ordinary Share
("VCP Option Shares").
The Company announces that following the allotment of the VCP
Option Shares, Mark Hollinshead sold 1,085,638 VCP Option Shares at
a price of 20.0p per VCP Option Share, in part to cover the related
costs and associated taxes with the exercise of the VCP Option
Shares.
Following the above exercise and sale, Mark Hollinshead now has
a total beneficial interest in 3,471,278 Ordinary Shares,
equivalent to approximately 1.30 per cent. of the Company's issued
share capital.
For further information, please contact:
National World plc
Douglas Easton
c/o Montfort Communications
Montfort Communications
Olly Scott
+44 (0)78 1234 5205
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Mark Hollinshead
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Reason for notification
2
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a) Position / status Chief Commercial Officer and PDMR
-------------------------------- ---------------------------------------------------
b) Initial notification /Amendment Initial notification
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Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name National World plc
-------------------------------- ---------------------------------------------------
b) LEI 213800NL4ICLKYSYU749
-------------------------------- ---------------------------------------------------
Details of the transaction(s):
4 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 Ordinary Shares
instrument, type of instrument
Identification code ISIN: GB00BJN5J635
-------------------------------- ---------------------------------------------------
b) Nature of the transaction Sale of VCP Option Shares in part
to cover exercise costs and associated
taxes
-------------------------------- ---------------------------------------------------
c) Price(s) and volumes(s) Price Volume
20p 1,085,638
----------
-------------------------------- ---------------------------------------------------
d) Aggregated information n/a
-------------------------------- ---------------------------------------------------
e) Date of the transaction 11 May 2023
-------------------------------- ---------------------------------------------------
f) Place of the transaction XLON
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END
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