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

DSW CapitalAnnouncement

25/11/2024 07:00

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RNS Number : 4069N  DSW Capital PLC  25 November 2024

25 November 2024

 

DSW CAPITAL PLC

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

(AIM:DSW)

 

Grant of awards under the Company's Performance Share Plan ("PSP")

 

DSW announces the award of 179,551 nil cost options, pursuant to the Company's
PSP, on 22 November 2024 (the "PSP Awards"). Shru Morris, CEO Designate, has
been granted 179,551 of the PSP Awards.

 

All defined terms used in this announcement have the meanings set out in the
Company's Admission Document dated 13 December 2021, which also contains full
details of the Company's Performance Share Plan and is available on the
Company's website: https://dswcapital.com/
(https://url.avanan.click/v2/___https:/dswcapital.com/___.YXAxZTpzaG9yZWNhcDphOm86NGQ4MGZlMDk3NWU0YjI1YTFkNDBlM2U0NmFkYTA1MDk6NjpkYTA0OmMzZmU4MTE0NTMyMjhlYzljZDM1ZmEzZjMwMDgxYzIzZTljZjY5OTg1YjU4ODhjYzRmMzI0MDY2MTVlMThmYjg6cDpU)
.

 

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 (mailto: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                                                        Shrutisha ("Shru") Morris

 2      Reason for the notification

 a)     Position/status                                              Director, CEO Designate

 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 nil cost options under PSP Awards

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

                                                                   nil       179,551

 d)     Aggregated information

        - Aggregated volume                                          n/a

        - Price                                                      n/a
 e)     Date of the transaction                                      22 November 2024

 f)     Place of the transaction                                     Off-market

d)

 

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

e)

 

Date of the transaction

22 November 2024

f)

 

Place of the transaction

Off-market

 

 

 

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