REG - DSW Capital PLC - Grant of awards under Performance Share Plan

DSW CapitalAnnouncement

10/07/2024 09:45

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RNS Number : 8561V  DSW Capital PLC  10 July 2024

 

10 July 2024

DSW CAPITAL PLC

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

(AIM:DSW)

 

Grant of awards under Performance Share Plan

 

DSW announces the award of 555,555 nominal cost options, pursuant to the
Company's Performance Share Plan ("PSP"), on 09 July 2024 (the "PSP Awards").
James Dow, Chief Executive Officer, has been granted 341,880 of the PSP Awards
and Pete Fendall, Chief Operational Officer, and Interim Chief Financial
Officer, has been granted 213,675 of the PSP Awards.

 

Full details of the Company's PSP can be found in the Company's Admission
Document dated 13 December 2021, which is available on the Company's
website: https://dswcapital.com/
(https://url.avanan.click/v2/___https:/dswcapital.com/___.YXAxZTpzaG9yZWNhcDphOm86NGQ4MGZlMDk3NWU0YjI1YTFkNDBlM2U0NmFkYTA1MDk6NjpkYTA0OmMzZmU4MTE0NTMyMjhlYzljZDM1ZmEzZjMwMDgxYzIzZTljZjY5OTg1YjU4ODhjYzRmMzI0MDY2MTVlMThmYjg6cDpU)
 

 

 

For further information please contact:

 

 DSW Capital

 James Dow, CEO                                   Tel: +44 (0) 1928 378 029

 Pete Fendall, COO & Interim CFO                  Tel: +44 (0) 1925 915 034

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

 James Thomas/Mark Percy/Rachel Goldstein

 Guy Wiehahn / Isobel Jones (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 25 licensee businesses with 107 fee earners,
eleven offices across the UK. 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                                    Grant of options under PSP Awards

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

                                                                   0.25p     341,880

 d)     Aggregated information

        - Aggregated volume                                          n/a

        - Price                                                      n/a
 e)     Date of the transaction                                      09 July 2024

 f)     Place of the transaction                                     Off-market

d)

 

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

e)

 

Date of the transaction

09 July 2024

f)

 

Place of the transaction

Off-market

 

 

 

 

 

   1    Details of the person discharging managerial responsibilities / person closely

      associated

 a)     Names                                                        Pete Fendall

 2      Reason for the notification

 a)     Position/status                                              Director, Chief Operating Officer and Interim Chief Financial 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                                    Grant of options under PSP Awards

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

                                                                   0.25p     213,675

 d)     Aggregated information

        - Aggregated volume                                          n/a

        - Price                                                      n/a
 e)     Date of the transaction                                      09 July 2024

 f)     Place of the transaction                                     Off-market

d)

 

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

e)

 

Date of the transaction

09 July 2024

f)

 

Place of the transaction

Off-market

 

 

 

 

 

 

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