Director/PDMR Shareholding
2 March 2017
Arrow Global Group PLC (the “Company”)
Director/PDMR Shareholding
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Persons Closely Associated 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 1 March 2017 it was notified by Capita IRG Trustees Limited (the “SIP Trustee”) that the following persons discharging managerial responsibility were allocated, on 28 February 2017, under the SIP, Partnership Shares (purchased out of participating employees’ gross salaries at £2.925 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) |
|
Zachary Lewy |
52 |
52 |
3,796,358 (d) |
|
Stewart Hamilton |
52 |
52 |
139,562 |
|
Steve Greenwood |
52 |
52 |
3,115 |
|
Tracy French |
52 |
52 |
2,752 |
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) Excluding (i) LTIP awards of nil cost options and (ii) restricted share awards.
(d) Includes awards under the Deferred Share Bonus Plan.
(e) Includes shares held by Persons Closely Associated.
|
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 and Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £2.925 Volume – 104 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
28 February 2017
|
|
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 Partnership Shares and Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £2.925 Volume – 104 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
28 February 2017
|
|
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 Partnership Shares and Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £2.925 Volume – 104 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
28 February 2017
|
|
f) |
Place of the transaction |
London Stock Exchange |
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|
|
a) |
Name |
Steve Greenwood |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Group Chief Risk 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 and Matching Shares under the SIP, held through the SIP Trustee. |
|
c) |
Price(s) and volume(s) |
Price – £2.925 Volume – 104 |
|
d) |
Aggregated information |
N/A |
|
e) |
Date of the transaction |
28 February 2017
|
|
f) |
Place of the transaction |
London Stock Exchange |
ENQUIRIES
|
Arrow Global |
+44 (0)161 242 1724 |
|
Stewart Hamilton (Company Secretary) |
|
END
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