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REG - IWG Plc Regus PLC - Director/PDMR Transaction

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RNS Number : 1598D  IWG PLC  17 October 2022

IWG plc (the "Company")

Director/ PDMR Transaction

 

IWG plc announces that it was today notified that on 17 October 2022 Ms Nicola
Sutherland, a person closely associated with Douglas Sutherland, Non-Executive
Chairman of IWG plc, pledged security over 400,000 ordinary shares held in
the capital of the Company in favour of Banque CBP Quilvest.

There is no change in Douglas Sutherland's beneficial shareholding in the
Company and he continues to have an interest and voting rights in 400,000
ordinary shares representing approximately 0.04% of the issued share capital
of the Company.

 1   Details of PDMR / person closely associated
 a)  Name                                                         Nicola Sutherland

 2   Reason for the notification
 a)  Position / status                                            Nicola Sutherland is a PCA of Douglas Sutherland, Nonexecutive Chairman, IWG
                                                                  plc

 b)  Initial notification / Amendment                             Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         IWG 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

     Identification code                                          ISIN: JE00BYVQYS01
 b)  Nature of the transaction                                    Pledging of shares
 c)  Price(s) and volume(s)                                       Price(s) GBP                                                          Volume(s)

                                                                  £1.2305 per share (current quote at time of draw on line of credit)   400,000
 d)  Aggregated information                                       Total number of shares 400,000

     -      Aggregated volume

     -      Price                                                 £1.2305 per share
 e)  Date of the transaction                                      17 October 2022
 f)  Place of the transaction                                     Outside of a trading venue - Banque CBP Quilvest, 48 rue Charles

                                                                  Martel, Luxembourg L-2134

d)

Aggregated information

-      Aggregated volume

-      Price

Total number of shares 400,000

 

£1.2305 per share

e)

Date of the transaction

17 October 2022

f)

Place of the transaction

Outside of a trading venue - Banque CBP Quilvest, 48 rue Charles

Martel, Luxembourg L-2134

 

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