REG - Intnl Workplace Grp - Director/PDMR Transaction

International WorkplaceAnnouncement

22/05/2025 17:00

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RNS Number : 8510J  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                                                         Mark Dixon
 2   Reason for the notification
 a)  Position / status                                            CEO
 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:

                                                                  ·      1,033,164 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.

                                                                  ·      388,408 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:

                                                                  ·      343,487 share awards granted under the International Workplace
                                                                  Group Plc 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  1,033,164
                                                                  GBP 0.00  388,408
                                                                  GBP 0.00  343,487
 d)  Aggregated information                                       1,765,059

     -     Aggregated volume                                      GBP 0.00

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

d)

Aggregated information

-     Aggregated volume

-     Price

1,765,059

GBP 0.00

e)

Date of the transaction

22 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

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