Director/PDMR Shareholding
1 November 2017
Arrow Global Group PLC (the “Company”)
Director/PDMR Shareholding
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility under the Arrow Global Group Share Incentive Plan (“SIP”)
In accordance with Article 19.3 of the Market Abuse Regulation, Arrow Global Group Plc announces that on 31 October 2017 it was notified by Capita IRG Trustees Limited (the “SIP Trustee”) that the following persons discharging managerial responsibility were allocated, on 30 October 2017, under the SIP, Partnership Shares (purchased out of participating employees’ gross salaries at £4.19 per share) and Matching Shares, held through the SIP Trustee, as set out below:
|
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY |
Partnership Shares acquired under the SIP (a) |
Matching Shares acquired under SIP (b) |
Aggregate Shares held Beneficially (across all accounts following notification) (c) (e) |
|
Lee Rochford |
35 |
35 |
175,354 |
|
Zachary Lewy |
36 |
36 |
3,794,594 (d) |
|
Stewart Hamilton |
36 |
36 |
133,375 |
|
Tracy French |
36 |
36 |
3,350 |
Notes
(a) Pursuant to a regular monthly instruction, the SIP Trustee acquires Partnership Shares using the participating employees’ gross salaries. The Company gives the participating employees 1 Matching Share for each Partnership Share bought on their behalf. The Matching Shares are subject to a 3 year forfeiture period.
(b) Ordinary Shares of 1 pence each are transferred by the Trustee of the Arrow Global 2016 Employee Benefit Trust to the SIP Trustee on a regular basis to satisfy Matching Share awards under the SIP to Participants.
(c) Excludes unvested LTIP awards of nil cost options.
(d) Includes awards under the Deferred Share Bonus Plan and restricted share awards.
(e) Includes shares held by Persons Closely Associated.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Lee Rochford |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Chief Executive 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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £4.19 Volume –35 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Lee Rochford |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Chief Executive 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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – zero Volume –35 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
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 |
|
|
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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £4.19 Volume –36 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
London Stock Exchange |
|
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 |
|
|
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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – zero Volume –36 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Stewart Hamilton |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group General Counsel and Company Secretary |
|
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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £4.19 Volume –36 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Stewart Hamilton |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group General Counsel and Company Secretary |
|
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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – zero Volume –36 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Tracy French |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group HR Director |
|
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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Partnership Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £4.19 Volume –36 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Tracy French |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group HR Director |
|
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, type of instrument Identification code |
Ordinary shares of 1p each ISIN: GB00BDGTXM47 |
|
b) |
Nature of the transaction |
Allocation of Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – zero Volume –36 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
30 October2017
|
|
f) |
Place of the transaction |
Outside a trading venue |
ENQUIRIES
|
Arrow Global |
+44 (0)161 242 1724 |
|
Stewart Hamilton (Company Secretary) |
|
END
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