15 Sep 2022 07:00
DWF Group plc
("DWF" or "the Company")
LEI: 213800O9QREOHTOGQ266
15 September 2022
Notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs)
On 1 August 2022, the Company granted conditional awards (Awards) under the DWF Group plc Equity Incentive Plan (the EIP) over Ordinary Shares of 1p each in the Company (Shares) to its PDMRs as set out in the announcement dated 4 August 2022.
The Remuneration Committee has determined the following performance targets for the Awards:
Performance condition and percentage of award opportunity | Threshold (20%) | Target (50%) | Maximum (100%) |
Cumulative three-year EPS (33% weighting) | 36p | 40p | 44p |
Average annual ROCE (33% weighting) | 21% | 23% | 25% |
Average cash conversion (33% weighting) | 86% | 95% | 105% |
The average annual ROCE basis has been changed from the approach used in previous Awards to now be on a post-IFRS basis.
The notifications set out above are provided in accordance with the requirements of the EU Market Abuse Regulation.
For further information:
DWF Group plc
Darren Drabble, Company Secretary +44(0)20 7280 8929