26 Mar 2021 17:36
RNS Number : 7096T
IWG PLC
26 March 2021
IWG plc (the "Company")
Director/PDMR Transaction
26 March 2021
1 | Details of PDMR / person closely associated |
a) | Name | Glyn Hughes |
2 | Reason for the notification |
a) | Position / status | CFO |
b) | Initial notification / Amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) | Name | IWG plc |
b) | LEI | 2138003LWDII27UTAG52 |
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 1p ISIN: JE00BYVQYS01 |
b) | Nature of the transaction |
| 320,887 share awards under the IWG Performance Share Plan. No consideration was paid for the grant of the awards which are structured as nominal cost options. The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. The awards will normally vest on the fifth anniversary of the grant of the awards, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the group. |
|
c) | Price(s) and volume(s) | Price(s) | Volume(s) | GBP 0.00 | 320,887 |
|
d) | Aggregated information - Aggregated volume - Price |
320,887 GBP 0.00 |
e) | Date of the transaction | 26 March 2021 |
f) | Place of the transaction | Outside a trading venue |
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IWG (IWG)