Director/PDMR Shareholding

RNS Number : 7212Y
Arrow Global Group PLC
10 May 2019
 

10 May 2019

Arrow Global Group PLC (the “Company”)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR PERSONS CLOSELY ASSOCIATED

The notification set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Grant of Restricted Share Award

Arrow Global Group PLC announces that on 10 May 2019, it granted a restricted share award to the following person discharging managerial responsibility:

PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

NUMBER OF SHARES UNDER RESTRICTED SHARE AWARD

Zachary Lewy

359,934

 

No payment is required for the Shares which vest on 10 May 2021, subject to continued employment. 

Interests of Directors, Persons Discharging Managerial Responsibility or Persons Closely Associated

As a result of the above transaction, Mr Lewy is interested in the following ordinary shares in the Company:

 

Name of Director/PDMR

Aggregate Shares held Beneficially (across all accounts following notifications) (a) (b) (c) (d)

% of the Company’s Share Capital

Zachary Lewy

3,112,242

1.76%

 

Notes

(a)                  Includes shares held under the Company’s Share Incentive Plan.

(b)                  Includes awards under the Deferred Share Bonus Plan

(c)                   Includes restricted share awards.

(d)                  Includes shares held by Persons Closely Associated.

 

 

The Notification of Dealing Form set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Zachary Lewy

2

Reason for the notification

a)

Position/status

Founder and Group Chief Investment Officer

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Arrow Global Group Plc

b)

LEI 

213800CUJ6YMLEO33C88

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 each

ISIN: GB00BDGTXM47

b)

Nature of the transaction

Grant of shares pursuant to a restricted share award

c)

Price(s) and volume(s)

Price(s)

N/A – no price was payable for the shares granted under the award

Volume(s)

359,934

d)

Aggregated information
– Aggregated volume
– Price

N/A

e)

Date of the transaction

10 May 2019

f)

Place of the transaction

Outside a trading venue

 

ENQUIRIES

Arrow Global

+44 (0)161 242 5861

Stewart Hamilton (Company Secretary)


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contactrns@lseg.comor visitwww.rns.com.
 

END

 
 

DSHBSGDUGDBBGCG

Sign up to our quarterly newsletter