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8 Apr 2025 13:15
08 April 2025
Watches of Switzerland Group PLC
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
The following information is given in accordance with Article 19.3 of the Market Abuse Regulation and is made on behalf of Brian Duffy a PDMR, in the Watches of Switzerland Group PLC under article 19.1 of the Market Abuse Regulation ('MAR').
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Brian Duffy | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Executive Officer | ||||||
b) | Initial notification/Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Watches of Switzerland Group PLC | ||||||
b) | LEI | 2138008ZOT5K9PJW7168 | ||||||
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 instrumentIdentification code | Ordinary Shares of £0.0125
ISIN: GB00BJDQQ870 | ||||||
b) | Nature of the transaction | Exercise of LTIP three-year options under the Company's Long Term Incentive Plan.
The options are exerciseable having met the pre-determined performance conditions in full.
Following exercise, all of the shares will be held in a nominee account for the relevant holding period. | ||||||
d) | Aggregated information
Aggregated volume
- Price | £2,584,852
789,027
£3.276
| ||||||
e) | Date of the transaction | 7 April 2025 | ||||||
f) | Place of the transaction | XLON | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Brian Duffy | ||
2 | Reason for the notification | |||
a) | Position/status | Chief Executive Officer | ||
b) | Initial notification/Amendment | Initial Notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Watches of Switzerland Group PLC | ||
b) | LEI | 2138008ZOT5K9PJW7168 | ||
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 instrumentIdentification code | Ordinary Shares of £0.0125
ISIN: GB00BJDQQ870 | ||
b) | Nature of the transaction | Exercise of Annual Deferred shares granted under the Company's Long Term Incentive Plan. Shares vested on third year anniversary of grant
Following exercise all of the shares will be held in a nominee account. | ||
d) | Aggregated information
Aggregated volume
- Price | £83,319
25,433
£3.276 | ||
e) | Date of the transaction | 7 April 2025 | ||
f) | Place of the transaction | XLON | ||
Contact
Caroline Browne
Group Finance and Investor Relations Director
E: investor.relations@thewosgroup.com
Laura Battley
Company Secretary & General Counsel
E: companysecretariat@thewosgroup.com
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