30 Jun 2020 16:35
30 June 2020
Arrow Global Group PLC (the "Company")
Director/PDMR Shareholding
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility under the Arrow Global Share Incentive Plan ("SIP")
The Company announces that on 29 June 2020 it was notified by Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the following directors and persons discharging managerial responsibility were allocated, on 29 June 2020, under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at £0.853p 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 | 175 | 175 | 491,121 (c) (d) |
Zachary Lewy | Founder and Group Chief Investment Officer | 175 | 175 | 3,794,283 (d) (e) |
Stewart Hamilton | Company Secretary, Group Chief Legal and Risk Officer | 176 | 176 | 143,698 (c) (e) |
David Sutherland | Group Chief Operating Officer | 176 | 176 | 9,633 (c) (e) |
Matthew Hotson | Group Chief Financial Officer | 175 | 175 | 33,288 (c) (d) |
Oliver Stratton | Group Chief Commercial Officer | 175 | 175 | 10,575 (c) |
Clare Dyer | Group Chief People Officer | 175 | 175 | 350 (c) |
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.
This announcement is made in accordance with Article 19.3 of the EU Market Abuse Regulation.
ENQUIRIES
Stewart Hamilton (Company Secretary) +44 (0) 161 242 1724
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 - £0.853 Volume - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Zachary Lewy |
2 | Reason for the notification | |
a) | Position/status | Founder and Group Chief Investment 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 - £0.853 Volume - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Zachary Lewy |
2 | Reason for the notification | |
a) | Position/status | Founder and Group Chief Investment 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 - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Stewart Hamilton |
2 | Reason for the notification | |
a) | Position/status | Company Secretary, 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 - £0.853 Volume - 176 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
f) | Place of the transaction | London Stock Exchange |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Stewart Hamilton |
2 | Reason for the notification | |
a) | Position/status | Company Secretary, 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 - 176 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - £0.853 Volume - 176 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 176 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 0.853 Volume - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 0.853 Volume - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 0.853 Volume - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
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 - 175 |
d) | Aggregated information- Aggregated volume- Price | N/A |
e) | Date of the transaction | 29 June 2020
|
f) | Place of the transaction | Outside a trading venue |