29 Jun 2021 09:30
29 June 2021
Arrow Global Group PLC (the "Company")
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility under the Arrow Global Share Incentive Plan ("SIP")
The Company announces that on 28 June 2021 it was notified by Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the following directors and persons discharging managerial responsibility were allocated, on 28 June 2021, under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at 305.50 pence per share) and Matching Shares, held through the SIP Trustee, as set out below:
Person Discharging Managerial Responsibility | Position | Partnership Shares acquired under the SIP (a) | Matching Shares acquired under the SIP (b) | Aggregate Shares held beneficially (across all accounts following notification) |
Lee Rochford | Group Chief Executive Officer | 50 | 50 | 517,379(c) (d) |
David Sutherland | Group Chief Operating Officer | 49 | 49 | 11,735 (c) (e) |
Matthew Hotson | Group Chief Financial Officer | 50 | 50 | 35,392 (c) (d) |
Oliver Stratton | Group Chief Commercial Officer | 50 | 50 | 12,679 (c) |
Clare Dyer | Group Chief People Officer | 50 | 50 | 2,454 (c)(f) |
Martina Swart | Group Chief Legal and Risk Officer | 49 | 49 | 98 |
Notes
(a) Pursuant to a regular monthly instruction, the SIP Trustee acquires Partnership Shares using the participating employees' gross salaries. The Company gives the participating employees 1 Matching Share for each Partnership Share bought on their behalf. The Matching Shares are subject to a 3 year forfeiture period.
(b) Ordinary Shares of 1 pence each are transferred by the Trustee of the Arrow Global 2016 Employee Benefit Trust to the SIP Trustee on a regular basis to satisfy Matching Share awards under the SIP to Participants.
(c) Excludes unvested and unexercised LTIP awards of nil cost options.
(d) Includes awards under the Deferred Share Bonus Plan and/or Restricted Share Awards.
(e) Includes shares held by Persons Closely Associated.
(f) Total allocation of 100 Partnership and Matching Shares has been added to an amended total of 2,354 Aggregate Shares held beneficially by Clare Dyer.
This announcement is made in accordance with Article 19.3 of the EU Market Abuse Regulation.
ENQUIRIES
Louise Brace (Company Secretary) 07542 859618
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Lee Rochford |
2 | Reason for the notification | |
a) | Position/status | Group Chief Executive Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - 305.50 pence Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Lee Rochford |
2 | Reason for the notification | |
a) | Position/status | Group Chief Executive Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - zero Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Sutherland |
2 | Reason for the notification | |
a) | Position/status | Group Chief Operating Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - 305.50 pence Volume - 49 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Sutherland |
2 | Reason for the notification | |
a) | Position/status | Group Chief Operating Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - zero Volume - 49 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Matthew Hotson |
2 | Reason for the notification | |
a) | Position/status | Group Chief Financial Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - 305.50 pence Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Matthew Hotson |
2 | Reason for the notification | |
a) | Position/status | Group Chief Financial Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - zero Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Oliver Stratton |
2 | Reason for the notification | |
a) | Position/status | Group Chief Commercial Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - 305.50 pence Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Oliver Stratton |
2 | Reason for the notification | |
a) | Position/status | Group Chief Commercial Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - zero Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Clare Dyer |
2 | Reason for the notification | |
a) | Position/status | Group Chief People Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - 305.50 pence Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Clare Dyer |
2 | Reason for the notification | |
a) | Position/status | Group Chief People Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - zero Volume - 50 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Martina Swart |
2 | Reason for the notification | |
a) | Position/status | Group Chief Legal and Risk Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - 305.50 pence Volume - 49 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Martina Swart |
2 | Reason for the notification | |
a) | Position/status | Group Chief Legal and Risk Officer |
b) | Initial notification/ Amendment | Initial notification |
3 | Details of the issuer | |
a) | Name | Arrow Global Group Plc |
b) | LEI code
| 213800CUJ6YMLEO33C88 |
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, type of instrument Identification code | Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
b) | Nature of the transaction | Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
c) | Price(s) and volume(s) | Price - zero Volume - 49 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 28 June 2021
|
f) | Place of the transaction | Outside a trading venue |