REG - DSW Capital PLC - Director's Dealing

DSW CapitalAnnouncement

20/01/2023 12:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230120:nRST4325Na&default-theme=true

RNS Number : 4325N  DSW Capital PLC  20 January 2023

20 January 2023

DSW CAPITAL PLC

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

 

Director / PDMR Shareholding

 

DSW has been informed that James Dow, Chief Executive of the Company,
purchased 89,000 Ordinary Shares in the Company at a price of 92 pence per
Ordinary Share today. Following the purchase, James Dow's total beneficial
interest in the Company comprises 3,223,127 Ordinary Shares, representing
14.70% of the issued share capital of the Company.

 

 

 

For further information please contact:

 

 DSW Capital

 James Dow, Chief Executive Officer              Tel: +44 (0) 1928 378 029

 Nicole Burstow, Chief Financial Officer         Tel: +44 (0) 1928 378 039

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

 James Thomas / John More / Mark Percy

 Guy Wiehahn (Corporate Broking)

 Belvedere Communications

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

 Keeley Clarke                                   Tel: +44 (0) 7967 816 525

                                                 dsw@belvederepr.com (mailto:dswcapital@belvederepr.com)

 

About DSW Capital

 

DSW Capital, owner of the Dow Schofield Watts brand, 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, DSW is one of the first platform models disrupting
the traditional model of accounting professional services firms. DSW operates
licensing arrangements with 20 licensee businesses with 97 fee earners, across
seven offices in England and three in Scotland. These trade primarily under
the Dow Schofield Watts brand.

 

 DSW's vision is for the DSW Network to become the most sought-after
destination for ambitious, entrepreneurial professionals to start and develop
their own businesses. Through a licensing model, DSW gives professionals the
autonomy and flexibility to fulfil their potential. Being part of the DSW
Network brings support benefits in recruitment, funding and infrastructure.
DSW's challenger model attracts experienced, senior professionals,
predominantly with a "Big 4" accounting firm background, who want to launch
their own businesses and recognise the value of the Dow Schofield Watts brand
and the synergies which come from being part of the DSW Network.

 

DSW aims to scale its agile model through organic growth, geographical
expansion, additional service lines and investing in "Break Outs" (existing
teams in larger firms). The Directors are targeting high margin,
complementary, niche service lines with a strong synergistic fit with the
existing DSW 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)

                                                                   92p       89,000

 d)     Aggregated information

        - Aggregated volume                                          89,000

        - Price                                                      92p
 e)     Date of the transaction                                      20 January 2023

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

d)

 

Aggregated information

- Aggregated volume

- Price

 

89,000

92p

e)

 

Date of the transaction

20 January 2023

f)

 

Place of the transaction

London Stock Exchange (XLON)

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHSELFFSEDSEIF