15 Jan 2021 17:22
DWF Group plc
("DWF" or "the Company")
LEI: 213800O9QREOHTOGQ266
15 January 2021
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs')
On 14 January 2021, the Company granted to Michele Cicchetti, Partner Director, an award over 156,897 Ordinary Shares of 1p each in the Company (the Award). The Award is a conditional award granted under the DWF Group plc Equity Incentive Plan (the EIP).
The Award will vest over five years in equal tranches, in accordance with the EIP rules and is subject to continued service with the Company.
No consideration was paid for the grant of the Award and no price is payable on the exercise of the Award. For the purposes of this Award, the volume weighted average price for the 5 days immediately preceding the date of grant of £0.8184 was used.
The notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
For further information please contact:
Mollie Stoker | +44 (0)20 7280 8929 |
Company Secretary |
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 | Grant of a conditional award over such number of Ordinary Shares of 1p each | |
c) | Currency | GBP |
|
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| nil | 156,897 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | n/a
| |
f) | Date of the transaction | 2021-01-14 | |
g) | Place of the transaction | Outside of a trading venue | |