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

DSW CapitalAnnouncement

06/08/2025 07:00

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RNS Number : 0942U  DSW Capital PLC  06 August 2025

6 August 2025

DSW CAPITAL PLC

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

 

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

 

DSW Capital (AIM: DSW), a profitable, mid-market, challenger professional
services licence network and owner of the Dow Schofield Watts and the DR
Solicitors brands, announces that on 5 August 2025, the Group granted nominal
cost options (the "Options") over a total of 738,596 ordinary shares of 0.25
pence each in the Group ("Ordinary Shares") to certain Executive Directors of
the Company, pursuant to the Company's PSP.

 

The Options have been granted as follows:

 

 Name          Position                             Number of Options granted
 Shru Morris   Chief Executive Officer              368,421
 Pete Fendall  Chief Finance and Operating Officer  236,842
 James Dow     Executive Director                   133,333

 

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: www.dswcapital.com (http://www.dswcapital.com) .

 

Enquiries:

 

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

 Shru Morris, CEO

 James Dow, Executive Director

 Pete Fendall, CFOO

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

 James Thomas / Mark Percy / George Payne (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, 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 UK
Market Abuse Regulation) provides further detail. Notification and public
disclosure of transactions by persons discharging managerial responsibilities
and persons closely associated with them.

 

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Names                                                        Shrutisha ("Shru") Morris

 2    Reason for the notification

 a)   Position/status                                              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

      Identification code

                                                                   GB00BNG9H550
 b)   Nature of the transaction                                    Grant of Options under PSP Awards

 c)   Price(s) and volume(s)                                       Price: 0.25 pence

                                                                   Volume: 368, 421

 d)   Aggregated information                                        N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      5 August 2025

 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                                              Chief Finance & Operating 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

      Identification code

                                                                   GB00BNG9H550
 b)   Nature of the transaction                                    Grant of Options under PSP Awards

 c)   Price(s) and volume(s)                                       Price: 0.25 pence

                                                                   Volumes: 236,842

 d)   Aggregated information                                        N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      5 August 2025

 f)   Place of the transaction                                     Off-market

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Names                                                        James Dow

 2    Reason for the notification

 a)   Position/status                                              Executive Director

 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: 0.25 pence

                                                                   Volumes: 133,333

 d)   Aggregated information                                        N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      5 August 2025

 f)   Place of the transaction                                     Off-market

 

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