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Last Trade - 29/10/20

Sector
Financials
Size
Small Cap
Market Cap £220.3m
Enterprise Value £1.40bn
Revenue £289.0m
Position in Universe 718th / 1800

Arrow Global Grp PLC - Director/PDMR Shareholding

Wed 2nd September, 2020 3:46pm
RNS Number : 8609X
Arrow Global Group PLC
02 September 2020
 

2 September 2020

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility under the Arrow Global Share Incentive Plan ("SIP")

The Company announces that on 1 September 2020 it was notified by Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the following directors and persons discharging managerial responsibility were allocated, on 28 August 2020, under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at £1.14p per share) and Matching Shares, held through the SIP Trustee, as set out below:

 

Person Discharging Managerial Responsibility

Position

Partnership Shares acquired under the SIP (a)

Matching Shares acquired under the SIP (b)

Aggregate Shares held beneficially (across all accounts following notification)

Lee Rochford

Group Chief Executive Officer

131

131

491,765 (c) (d)

David Sutherland

Group Chief Operating Officer

132

132

10,277 (c) (e)

Matthew Hotson

Group Chief Financial Officer

131

131

33,932 (c) (d)

Oliver Stratton

Group Chief Commercial Officer

131

131

11,219 (c)

Clare Dyer

Group Chief People Officer

131

131

994 (c)

 

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 and unexercised LTIP awards of nil cost options.

(d)      Includes awards under the Deferred Share Bonus Plan and/or Restricted Share Awards.

(e)      Includes shares held by Persons Closely Associated.

This announcement is made in accordance with Article 19.3 of the EU Market Abuse Regulation.

ENQUIRIES

Adam Westley (Company Secretary)        07521 147382

 

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 - £1.14

Volume - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

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 - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Sutherland

2

Reason for the notification

a)

Position/status

Group Chief Operating 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 - £1.14

Volume - 132

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Sutherland

2

Reason for the notification

a)

Position/status

Group Chief Operating 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 - 132

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Hotson

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, 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 - £1.14

Volume - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Hotson

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, 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 - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Oliver Stratton

2

Reason for the notification

a)

Position/status

Group Chief Commercial 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 - £1.14

Volume - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 July 2020

 

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Oliver Stratton

2

Reason for the notification

a)

Position/status

Group Chief Commercial 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 - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Clare Dyer

2

Reason for the notification

a)

Position/status

Group Chief People 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 - £1.14

Volume - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Clare Dyer

2

Reason for the notification

a)

Position/status

Group Chief People 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 - 131

d)

Aggregated information
- Aggregated volume
- Price

N/A

e)

Date of the transaction

28 August 2020

 

f)

Place of the transaction

Outside a trading venue

 

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