REG - IWG Plc Regus PLC - Director/PDMR Transaction

International WorkplaceAnnouncement

04/11/2022 14:30

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RNS Number : 4196F  IWG PLC  04 November 2022

IWG plc (the "Company")

Director/PDMR Transaction

4 November 2022

IWG plc (the "Company") announces that on 2 November 2022 an award over
511,751 ordinary shares of 1p each in IWG plc was granted to the Company's
Chief Financial Officer, Charlie Steel.

The award was structured as a conditional award and was granted under a
one-off award arrangement established under Listing Rule 9.4.2(2) in order to
facilitate the recruitment of Mr Steel.

In the normal course of events the award will vest on the fifth anniversary of
its grant date, if and to the extent to which performance conditions are
achieved.

Details of the performance conditions will be disclosed in the Directors'
Remuneration Report for the current financial year.

No consideration was paid for the grant of the award and no consideration is
due on the maturity of the award.

 

 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                                                         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 of 1p

     Identification code                                          ISIN: JE00BYVQYS01
 b)  Nature of the transaction                                    A conditional award over 511,751 shares was granted under a one-off award
                                                                  arrangement established under Listing Rule 9.4.2(2).  In the normal course of
                                                                  events the award will vest on the fifth anniversary of its grant date, if and
                                                                  to the extent to which performance conditions are achieved. No consideration
                                                                  was paid for the grant of the award and no consideration is due on the
                                                                  maturity of the award.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  GBP 0.00  511,751
 d)  Aggregated information                                       511,751

     -     Aggregated volume                                      GBP 0.00

     -     Price
 e)  Date of the transaction                                      2 November 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

511,751

GBP 0.00

e)

Date of the transaction

2 November 2022

f)

Place of the transaction

Outside a trading venue

 

 

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