Last checked at 22 Mar 2024 09:16
22 March 2024
Dowlais Group plc
(the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities
The Company announces that on 21 March 2024, ordinary shares of 1p each in the Company ("Shares") were purchased by Liam Butterworth, CEO of the Company and Roberto Fioroni, CFO of the Company (each Persons Discharging Managerial Responsibilities ("PDMRs")), as listed below.
Director | No. of Shares |
Liam Butterworth | 314,899 |
Roberto Fioroni | 167,179 |
The Shares were purchased as part of the Company's annual bonus arrangements for the 2023 financial year. Each PDMR converted a portion of their net annual bonus into Shares.
Neither PDMR may ordinarily sell, transfer, assign or dispose of the Shares for a period of two years.
These notifications have been made in accordance with the requirements of The UK Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Liam Butterworth
| |
2. | Reason for the notification | ||
(a) | Position / status | Chief Executive Officer (Person Discharging Managerial Responsibilities)
| |
(b) | Initial notification / amendment | Initial Notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction | ||
(a) | Name | Dowlais Group plc | |
(b) | LEI | 213800XM8WOFLY6VPC92 | |
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 Identification code | Dowlais Group plc ordinary shares of 1 pence each
GB00BMWRZ071 | |
(b) | Nature of the transaction | Acquisition of shares pursuant to the Company's annual bonus arrangements for the 2023 financial year | |
(c) | Price(s) and volume(s)
| Price(s) | Volume(s) |
£0.811771 | 314,899 | ||
(d) | Aggregated information Aggregated volume Price |
314,899 shares £0.811771 per share | |
(e) | Date of the transaction | 21 March 2024 | |
(f) | Place of the transaction | London Stock Exchange (XLON) | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Roberto Fioroni
| |
2. | Reason for the notification | ||
(a) | Position / status | Chief Financial Officer (Person Discharging Managerial Responsibilities)
| |
(b) | Initial notification / amendment | Initial Notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction | ||
(a) | Name | Dowlais Group plc | |
(b) | LEI | 213800XM8WOFLY6VPC92 | |
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 Identification code | Dowlais Group plc ordinary shares of 1 pence each
GB00BMWRZ071 | |
(b) | Nature of the transaction | Acquisition of shares pursuant to the Company's annual bonus arrangements for the 2023 financial year | |
(c) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.811771 | 167,179 | ||
(d) | Aggregated information Aggregated volume Price |
167,179 shares £0.811771 per share | |
(e) | Date of the transaction | 21 March 2024 | |
(f) | Place of the transaction | London Stock Exchange (XLON) | |