Director/PDMR Shareholding
20 June 2018
Arrow Global Group PLC (the “Company“)
Director/PDMR Shareholding
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Persons Closely Associated
The Company announces that on 18 June 2018 Paul Cooper, Group Chief Financial Officer, was granted the following awards over Ordinary Shares of 1 pence each in the Company. Each award will vest on the dates specified below:
|
Type of award |
Number of shares subject to award |
Vesting date |
|
Nil-Cost Option |
18,089 |
18 June 2018 |
|
Nil-Cost Option |
18,089 |
30 April 2019 |
|
Nil-Cost Option |
31,862 |
30 April 2019 |
|
Nil-Cost Option |
70,098 |
30 April 2020 |
|
Nil-Cost Option |
25,491 |
30 April 2021 |
These are the buy-out awards referred to on pages 70 and 71 of the Company’s Annual Report and Accounts for the year ended 31 December 2017.
Exercise of buy-out award
On 18 June 2018, Mr Cooper exercised the first of the buy-out awards to acquire 18,089 shares. Mr Cooper elected to self-fund the related income tax and National Insurance liabilities arising in connection with the exercise, which he must settle within seven business days of the 19 June 2018. On settlement of the liabilities, the 18,089 shares will be released to Mr Cooper and his resultant holding in the Company’s share capital will be:
|
Name of Director/PDMR |
Aggregate Shares held Beneficially (across all accounts following notifications) (a) |
% of the Company’s Share Capital |
|
Paul Cooper |
117,690 |
0.07% |
Notes
(a) Includes shares held under the Company’s Share Incentive Plan.
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Enquiries
ENQUIRIES
Stewart Hamilton (Company Secretary) +44 (0) 161 242 1724
Notification of Dealing Form
|
1. |
Details of the Person Discharging Managerial Responsibility (“PDMR”)/person closely associated with them (“PCA”) |
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|
a) |
Name |
Paul Cooper
|
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|
2. |
Reason for the notification |
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|
a) |
Position/status |
Group Chief Financial Officer
|
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|
b) |
Initial notification/ amendment |
Initial Notification |
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3. |
Details of the Issuer |
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|
a) |
Name |
Arrow Global Group PLC |
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|
b) |
LEI code |
213800CUJ6YMLEO33C88 |
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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 |
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|
a) |
Description of the financial instrument
Identification code |
Ordinary Shares of 1 pence each
ISIN: GB00BDGTXM47 |
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|
b) |
Nature of the transaction |
Grant of Nil-Cost Options |
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|
c) |
Price(s) and volumes(s) |
Price: N/A
|
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|
d) |
Aggregated information – Aggregate volume
– Price
|
Awards granted over 163,629 in total
N/A
|
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|
e) |
Date of the transaction |
18 June 2018 |
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|
f) |
Place of the transaction |
Outside a trading venue |
||||||||||||||||||
|
1. |
Details of the Person Discharging Managerial Responsibility (“PDMR”)/person closely associated with them (“PCA”) |
||
|
a) |
Name |
Paul Cooper
|
|
|
2. |
Reason for the notification |
||
|
a) |
Position/status |
Group Chief Financial Officer
|
|
|
b) |
Initial notification/ amendment |
Initial Notification |
|
|
3. |
Details of the Issuer |
||
|
a) |
Name |
Arrow Global Group PLC |
|
|
b) |
LEI code |
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
Identification code |
Ordinary Shares of 1 pence each
ISIN: GB00BDGTXM47 |
|
|
b) |
Nature of the transaction |
Exercise of a Nil-Cost Option. |
|
|
c) |
Price(s) and volumes(s) |
Price(s)
N/A |
Volume(s)
18,089 |
|
d) |
Aggregated information – Aggregate volume
– Price
|
N/A
N/A |
|
|
e) |
Date of the transaction |
18 June 2018 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
END
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