REG - Intnl Workplace Grp - Director/PDMR Transaction

International WorkplaceAnnouncement

22/05/2025 17:00

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RNS Number : 8507J  International Workplace Group PLC  22 May 2025

INTERNATIONAL WORKPLACE GROUP PLC

(the "Company")

 

Director/PDMR Transaction

22 May 2025

 1   Details of PDMR / person closely associated
 a)  Name                                                         Charlie Steel
 2   Reason for the notification
 a)  Position / status                                            CFO
 b)  Initial notification / Amendment                             Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         International Workplace Group plc
 b)  LEI                                                          2138003LWDII27UTAG52
 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 USD 0.0124

     Identification code                                          ISIN: JE00BYVQYS01
 b)  Nature of the transaction                                    Share awards granted under the International Workplace Group Plc's Long-term
                                                                  incentive plans as follows:

                                                                  ·      551,166 share awards granted under the Performance Share Plan.
                                                                  No consideration was paid for the grant of the awards which are structured as
                                                                  nominal cost options.  The vesting of an award is subject to the satisfaction
                                                                  of performance conditions set by the Remuneration Committee of the Company
                                                                  measured over a three-year period ended 31 December 2027 and the application
                                                                  of a multiplier. Awards will be subject to a holding period of two years
                                                                  following achievement of performance conditions and will normally become
                                                                  exercisable on the fifth anniversary of the grant of the awards, and will then
                                                                  normally remain exercisable until the day before the tenth anniversary of the
                                                                  date of grant provided the individual remains an employee or officer of the
                                                                  group.

                                                                  ·      207,205 share awards granted under the Restricted Share Plan.
                                                                  No consideration was paid for the grant of the awards which are structured as
                                                                  nominal cost options. The awards will normally vest on the third anniversary
                                                                  of the grant, subject to the satisfaction of an underpin set by the
                                                                  Remuneration Committee of the Company. Awards will be subject to a holding
                                                                  period of two years following achievement of the underpin and will normally
                                                                  become exercisable on the fifth anniversary of the grant of the awards, and
                                                                  will then normally remain exercisable until the day before the tenth
                                                                  anniversary of the date of grant provided the individual remains an employee
                                                                  or officer of the group.

                                                                  Share awards granted under the International Workplace Group Plc's Deferred
                                                                  Bonus Share Plan as follows:

                                                                  ·      172,725 share awards granted under the Deferred Bonus Share
                                                                  Plan.  No consideration was paid for the grant of the awards which are
                                                                  structured as nominal cost options. The awards will normally vest on the third
                                                                  anniversary of the grant of the awards and will then normally remain
                                                                  exercisable until the day before the tenth anniversary of the date of grant
                                                                  provided the individual remains an employee or officer of the group.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  GBP 0.00  551,166
                                                                  GBP 0.00  207,205
                                                                  GBP 0.00  172,725
 d)  Aggregated information                                       931,096

     -     Aggregated volume

     -     Price                                                  GBP 0.00
 e)  Date of the transaction                                      22 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

931,096

 

GBP 0.00

e)

Date of the transaction

22 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

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