REG - IWG Plc Regus PLC - Director/PDMR Transaction

IwgAnnouncement

20/03/2024 16:00

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RNS Number : 6047H  IWG PLC  20 March 2024

IWG plc (the "Company")

Director/PDMR Transaction

20 March 2024

 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                                                         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                                    60,764 share awards were granted under the IWG 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 2026. 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.

 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  GBP 0.00  60,764
 d)  Aggregated information                                       60,764

     -     Aggregated volume

     -     Price                                                  GBP 0.00
 e)  Date of the transaction                                      19 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

60,764

 

GBP 0.00

e)

Date of the transaction

19 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

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