31 Aug 2022 11:33
DWF Group plc
("DWF" or "the Company")
LEI: 213800O9QREOHTOGQ266
31 August 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"):
· Michele Cicchetti, Partner Director and Managing Partner Italy, had 11,000 shares automatically vest on 30 August 2022 in accordance with the plan rules as part of his conditional Share Award granted under the DWF Group plc Equity Incentive Plan (EIP) in August 2019; and
· Chris Stefani, Chief Financial Officer, had 137,815 Long Term Incentive Plan shares automatically vest on 30 August 2022 in accordance with the plan rules under the EIP following the partial achievement of the performance criteria, with 41% of the LTIP award made on 27 August 2019 vesting for nil consideration and the balance lapsing. Following vesting the shares will be subject to a two-year holding period.
The Notification of Dealing Forms 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 | Michele Cicchetti | |
2 | Reason for the notification | ||
a) | Position/status | Partner Director | |
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 | Vesting of tranche three out of five of a conditional share award granted under the Equity Incentive Plan on 27 August 2019 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£Nil | 11,000 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price |
11,000 £Nil | |
f) | Date of the transaction | 2022-08-30 | |
g) | Place of the transaction | Outside of a trading venue | |
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 | Vesting of LTIP Award granted under the Equity Incentive Plan on 27 August 2019 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£Nil | 137,815 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price |
137,815 £Nil | |
f) | Date of the transaction | 2022-08-30 | |
g) | Place of the transaction | Outside of a trading venue | |