Shawbrook Group Regulatory News (SHAW)

13 May 2016

SHAWBROOK GROUP PLC (the Company)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs) AND CONNECTED PERSONS

Following the first anniversary of the Company's IPO (when certain Directors and PDMRs and their connected persons became entitled to sell up to one third of their remaining ordinary shares in the Company), the Company announces that it has received notification on 12 May 2016 that the following directors and PDMRs (and persons connected with them) have sold a number of ordinary shares in the Company on 12 May 2016 in London at a price of 258 pence per ordinary share.

The details of the transactions are set out below:

*excludes interests in unvested shares awarded under the Company's long-term incentive schemes

Following this sale, two thirds of the ordinary shares held by the above Directors and PDMRs (and their connected persons where applicable) immediately after the IPO remain subject to lock-up, expiring (as to a further one third) in April 2017 and (as to the final one third) in April 2018.

This announcement is made in accordance with DTR 3.1.4R(1)(a) and DTR 3.1.4R(1)(c) of the Disclosure and Transparency Rules

For further information please contact

Dylan Minto

Director, Corporate Strategy

01277 751110

Dylan.minto@shawbrook.co.uk