REG - DSW Capital PLC - Director/PDMR Shareholding

DSW CapitalAnnouncement

11/12/2024 07:00

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RNS Number : 5913P  DSW Capital PLC  11 December 2024

11 December 2024

 

DSW CAPITAL PLC

("DSW Capital", "DSW" or the "Company")

(AIM:DSW)

 

Director/PDMR Shareholding

 

DSW has been informed that James Dow, Chief Executive of the Company,
purchased 508,700 Ordinary Shares in the Company at a price of 66.5 pence per
Ordinary Share yesterday. Following the purchase, James Dow's total beneficial
interest in the Company comprises 4,140,827 Ordinary Shares, representing
16.48% of the issued share capital of the Company.

 

Enquiries

 

 DSW Capital                                                         Tel: +44 (0) 1928 378 100

 James Dow, CEO

 Shru Morris, CEO Designate

 Pete Fendall, Chief Finance and Operating Officer

 Shore Capital (Nominated Adviser & Broker)                          Tel: +44 (0)20 7408 4090

 James Thomas / Mark Percy / Rachel Goldstein (Corporate Advisory)

 Guy Wiehahn / Isobel Jones (Corporate Broking)

 Rawlings Financial PR Limited                                       dswcapital@rfpr.co.uk

 Cat Valentine                                                       Tel: +44 (0) 7715 769 078

 

About DSW Capital

 

DSW Capital, owner of the Dow Schofield Watts and DR Solicitors brands, is a
profitable, mid-market, challenger professional services network with a cash
generative business model and scalable platform for growth. Originally
established in 2002, by three KPMG alumni, Dow Schofield Watts is one of the
first platform models disrupting the traditional model of accounting
professional services firms. DSW Capital operates licensing arrangements with
its businesses and has over 130 fee earners across 12 offices in the UK. These
businesses trade primarily under the Dow Schofield Watts and DR Solicitors
brands.

 

DSW Capital's vision is for our brands to become the most sought-after
destinations for ambitious, entrepreneurial professionals to start and develop
their own businesses. Through a licensing model, DSW Capital gives
professionals the autonomy and flexibility to fulfil their potential.

 

Being part of the DSW Capital group brings support benefits in recruitment,
funding and infrastructure. DSW Capital's challenger model attracts
experienced, senior professionals, predominantly with a "Big 4" accounting
firm or "Magic Circle" legal background, who want to launch their own
businesses and recognise the value of DSW Capital's brands and the synergies
which come from being part of the network.

 

DSW Capital aims to scale its agile model through organic growth, geographical
expansion, additional service lines and acquisitions. The Directors are
targeting high margin, complementary, niche service lines with a strong
synergistic fit with the existing network.

 

The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:

 

   1    Details of the person discharging managerial responsibilities / person closely

      associated

 a)     Names                                                        James Dow

 2      Reason for the notification

 a)     Position/status                                              Director, Chief Executive Officer

 b)     Initial notification /Amendment                              Initial Notification

 3      Details of the issuer, emission allowance market participant, auction

      platform, auctioneer or auction monitor

 a)     Name                                                         DSW Capital plc

 b)     LEI                                                          213800KKIQCIJTGH23

 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  Ordinary Shares of 0.25p each

 b)     Identification code                                          GB00BNG9H550

 c)     Nature of the transaction                                    Purchase of Ordinary Shares

 d)     Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                   66.5p     508,700

 d)     Aggregated information

        - Aggregated volume                                          n/a

        - Price                                                      n/a
 e)     Date of the transaction                                      10 December 2024

 f)     Place of the transaction                                     London Stock Exchange (XLON)

d)

 

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

e)

 

Date of the transaction

10 December 2024

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

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