22 Jul 2022 13:25
DWF Group plc
("DWF" or "the Company")
LEI: 213800O9QREOHTOGQ266
22 July 2022
Notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs)
The Company announces the following transactions in respect of Ordinary Shares of £0.01 each in the Company ("Ordinary Shares"):
Chris Stefani, Chief Financial Officer, had 222,800 restricted shares automatically vest in accordance with the plan rules as part of his IPO share award and, as required by the Company's standard administration process on vestings, 107,501 shares were subsequently sold to cover tax liabilities at a price of £0.958 per Ordinary Share on 21 July 2022.
The Notification of Dealing Form can be found below. These notifications are made under Article 19 of the Market Abuse Regulation ("MAR").
For further information:
DWF Group plc
| |
Darren Drabble, Company Secretary | +44(0)7971 783533 |
James Igoe, Head of Communications |
Maitland/AMO
Sam Turvey | +44(0)20 7379 5151 |
Sam Cartwright |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Chris Stefani | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | DWF Group plc | |
b) | Legal Entity Identifier | 213800O9QREOHTOGQ266 | |
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 £0.01 each ISIN: GB00BJMD6M39 | |
b) | Nature of the transaction | Automatic vesting of third tranche of IPO restricted share award granted under the EIP and as required by the Company's standard administration process on vestings, shares were subsequently sold to cover tax liabilities. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
Vested shares £Nil | 222,800 | ||
Shares sold to cover tax £0.958 | 107,501 | ||
Retention of shares £Nil | 115,299 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price |
107,501 £0.958 | |
f) | Date of the transaction | 2022-07-21 | |
g) | Place of the transaction | Outside of a trading venue | |