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RNS Number : 6194X Dar Global PLC 24 July 2024
24 July 2024
DAR GLOBAL PLC (THE "COMPANY")
Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMR") and Connected Persons
Dar Global PLC announces that it was today notified that on 24 July 2024 Dar
Al Arkan Real Estate Development Company PJSC, a person closely associated
with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global
PLC, pledged security over the indirectly controlled ordinary shares held in
the capital of the Company in favour of Emirates NBD and other consortium
partners.
There is no change in Dar Al Arkan Real Estate Development Company PJSC
beneficial shareholding in the Company.
1. Details of PDMR / person closely associated
a) Name Dar Al Arkan Real Estate Development Company PJSC
2. Reason for the notification
a) Position / status Person closely associated with Yousef Al Shelash, Vice Chairman and
Non-Executive Director of Dar Global PLC
b) Initial notification / amendment Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Dar Global PLC
b) LEI 213800XRFXQ1KEWACW80
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 Ordinary shares of USD 0.01 each
ISIN: GB00BQXNJY41
b) Nature of the transaction Pledging of shares
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 158,000,000
d) Aggregated information
Aggregated volume
Price 158,000,000 ordinary shares
N/A
e) Date of the transaction 24 July 2024
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
Aggregated volume
Price
158,000,000 ordinary shares
N/A
e)
Date of the transaction
24 July 2024
f)
Place of the transaction
Outside of a trading venue
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