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Notification of PDMR

2 Oct 2023 16:05

RNS Number : 4226O
DWF Group PLC
02 October 2023
 

DWF Group plc

("DWF" or "the Company")

LEI: 213800O9QREOHTOGQ266

2 October 2023

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The Company announces that on 29 September 2023 the following persons discharging managerial responsibilities (the "PDMRs") acquired the beneficial title to the following numbers of ordinary shares of £0.01 each in the Company ("Shares"). The beneficial title to the Shares was transferred to each of the PDMRs for nil consideration by Ocorian Limited (acting as trustee of the Company's share trusts) in settlement of the vesting of share awards granted to the PDMRs by the Company under the Company's share plans (as referred to below).

 

PDMR

Company Share Plan

Award Type

Number of Ordinary Shares Acquired

Nigel Knowles, Group CEO

Equity Incentive Plan

 

 

 

Deferred Bonus Plan

Conditional share award granted on 23 September 2020

Conditional share award granted on 16 August 2021

 

Conditional share award granted on 16 August 2021

Conditional share award granted on 1 August 2022

 

183,727

 

46,431

 

 

130,300

 

116,720

Christopher Stefani, Chief Financial Officer

Equity Incentive Plan

 

 

 

 

 

Deferred Bonus Plan

Conditional share award granted on 23 September 2020

Conditional share award granted on 16 August 2021

Conditional share award granted on 15 March 2019

 

Conditional share award granted on 16 August 2021

Conditional share award granted on 1 August 2022

79,235

 

20,024

 

222,809

 

 

130,300

 

116,720

Matthew Doughty, Chief Strategy and Growth Officer

Equity Incentive Plan

 

 

 

Deferred Bonus Plan

 Conditional share award granted on 23 September 2020

Conditional share award granted on 16 August 2021

Conditional share award granted on 16 August 2021

Conditional share award granted on 1 August 2022

74,283

 

18,773

 

130,299

 

116,720

Michele Cicchetti, Partner Director

Equity Incentive Plan

 

 

 

Deferred Bonus Plan

 

Conditional share award granted on 14 January 2021

Conditional share award granted on 9 December 2022

 

Conditional share award granted on 16 August 2021

 

68,773

 

56,349

 

 

205,884

 

The Notification of Dealing Form can be found below. These notifications are made in accordance with the requirements of Article 19 of the Market Abuse Regulation.

 

For further information please contact:

Darren Drabble, Company Secretary

+44(0)7971 783533

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Knowles

2

Reason for the notification

a)            

Position/status

CEO

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 23 September 2020

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

183,727

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

183,727£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Knowles

2

Reason for the notification

c)            

Position/status

CEO

d)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

c)            

Name

DWF Group plc

d)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 16Â August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

46,431

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

46,431£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Knowles

2

Reason for the notification

e)             

Position/status

CEO

f)             

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

e)             

Name

DWF Group plc

f)             

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Deferred Bonus Plan on 16 August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

130,300

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

130,300£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nigel Knowles

2

Reason for the notification

g)            

Position/status

CEO

h)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

g)            

Name

DWF Group plc

h)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Deferred Bonus Plan on 1 August 2022

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

116,720

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

116,720£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Stefani

2

Reason for the notification

i)            

Position/status

CFO

j)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

i)            

Name

DWF Group plc

j)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 23 September 2020

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

79,235

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

79,235£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Stefani

2

Reason for the notification

k)           

Position/status

CFO

l)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

k)           

Name

DWF Group plc

l)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 16 August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

20,024

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

20,024£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Stefani

2

Reason for the notification

m)            

Position/status

CFO

n)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

m)            

Name

DWF Group plc

n)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 15 March 2019

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

222,809

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

222,809£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Stefani

2

Reason for the notification

o)            

Position/status

CFO

p)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

o)            

Name

DWF Group plc

p)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Deferred Bonus Plan on 16 August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

130,300

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

130,000

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Stefani

2

Reason for the notification

q)             

Position/status

CFO

r)             

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

q)             

Name

DWF Group plc

r)             

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Deferred Bonus Plan on 1 August 2022

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

116,720

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

116,720

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Doughty

2

Reason for the notification

s)             

Position/status

CSO

t)             

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

s)             

Name

DWF Group plc

t)             

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 23 September 2020

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

74,283

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

74,283

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Doughty

2

Reason for the notification

u)            

Position/status

CSO

v)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

u)            

Name

DWF Group plc

v)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 16 August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

18,773

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

18,773

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Doughty

2

Reason for the notification

w)            

Position/status

CSO

x)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

w)            

Name

DWF Group plc

x)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Deferred Bonus Plan on 16 August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

130,299

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

130,299

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Doughty

2

Reason for the notification

y)            

Position/status

CSO

z)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

y)            

Name

DWF Group plc

z)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Deferred Bonus Plan on 1 August 2022

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

116,720

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

116,720

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michele Cicchetti

2

Reason for the notification

aa)          

Position/status

Partner Director

bb)          

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

aa)          

Name

DWF Group plc

bb)          

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 14 January 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

68,773

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

68,773

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michele Cicchetti

2

Reason for the notification

cc)           

Position/status

Partner Director

dd)           

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

cc)           

Name

DWF Group plc

dd)           

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 9 December 2022

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

56,349

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

56,349

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michele Cicchetti

2

Reason for the notification

ee)            

Position/status

Partner Director

ff)            

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

ee)            

Name

DWF Group plc

ff)            

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

Acquisition of beneficial title to ordinary shares on vesting of conditional share award granted under the Equity Incentive Plan on 16 August 2021

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£Nil

205,884

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

205,884

£Nil

f)

Date of the transaction

2023-09-29

g)

Place of the transaction

Outside of a trading venue

 

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END
 
 
DSHFLFIEIVLFIIV
Date   Source Headline
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2nd May 20197:00 amRNSDWF to acquire legal services business
18th Mar 20199:31 amRNSDirector/PDMR Shareholding
15th Mar 20198:04 amRNSAdmission to Trading on the London Stock Exchange
14th Mar 20197:00 amRNSRe-registration as plc and change of name
11th Mar 20191:11 pmRNSPublication of a Prospectus
11th Mar 20197:00 amRNSAnnouncement of Offer Price

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