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RNS Number : 7815X DWF Group PLC 31 August 2022
DWF Group plc
("DWF" or "the Company")
LEI: 213800O9QREOHTOGQ266
31 August 2022
Notification and public disclosure of transactions by persons discharging
managerial responsibilities (PDMRs)
The Company announces the following transactions in respect of Ordinary Shares
of £0.01 each in the Company ("Ordinary Shares"):
· Michele Cicchetti, Partner Director and Managing Partner Italy,
had 11,000 shares automatically vest on 30 August 2022 in accordance with the
plan rules as part of his conditional Share Award granted under the DWF Group
plc Equity Incentive Plan (EIP) in August 2019; and
· Chris Stefani, Chief Financial Officer, had 137,815 Long Term
Incentive Plan shares automatically vest on 30 August 2022 in accordance with
the plan rules under the EIP following the partial achievement of the
performance criteria, with 41% of the LTIP award made on 27 August 2019
vesting for nil consideration and the balance lapsing. Following vesting the
shares will be subject to a two-year holding period.
The Notification of Dealing Forms can be found below. These notifications are
made under Article 19 of the Market Abuse Regulation ("MAR").
For further information:
DWF Group plc
Darren Drabble, Company Secretary +44(0)7971 783533
James Igoe, Head of Communications
Maitland/AMO
Sam Turvey +44(0)20 7379 5151
Sam Cartwright
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Michele Cicchetti
2 Reason for the notification
a) Position/status Partner Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name DWF Group plc
b) Legal Entity Identifier 213800O9QREOHTOGQ266
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 £0.01 each
Identification code ISIN: GB00BJMD6M39
b) Nature of the transaction Vesting of tranche three out of five of a conditional share award granted
under the Equity Incentive Plan on 27 August 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£Nil 11,000
e) Aggregated information
- Aggregated volume 11,000
- Aggregated Price £Nil
f) Date of the transaction 2022-08-30
g) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Chris Stefani
2 Reason for the notification
a) Position/status 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 DWF Group plc
b) Legal Entity Identifier 213800O9QREOHTOGQ266
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 £0.01 each
Identification code ISIN: GB00BJMD6M39
b) Nature of the transaction Vesting of LTIP Award granted under the Equity Incentive Plan on 27 August
2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£Nil 137,815
e) Aggregated information
- Aggregated volume 137,815
- Aggregated Price £Nil
f) Date of the transaction 2022-08-30
g) Place of the transaction Outside of a trading venue
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