REG - National World PLC - Director/PDMR Shareholding

National WorldAnnouncement

31/05/2023 17:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230531:nRSe2296Ba&default-theme=true

RNS Number : 2296B  National World PLC  31 May 2023

National World plc

 

("National World" or the "Company")

 

 

Exercise of share options

 

Director / PDMR Shareholding

 

National World (NWOR.LSE) announces that pursuant to options granted under the
terms of the 2019 Value Creation Plan, on 4 May 2023, it received notification
that Mark Hollinshead, Chief Commercial Officer and a person discharging
managerial responsibilities ("PDMR") has exercised options over 3,799,009
ordinary shares of 0.1p each ("Ordinary Shares") at an exercise price of 0.1p
per Ordinary Share ("VCP Option Shares").

 

Following the exercise, Mark Hollinshead now has a total beneficial interest
in 4,556,916 Ordinary Shares, equivalent to approximately 1.70 per cent. of
the Company's issued share capital.

 

The Company also received notification from another option holder to exercise
options over 4,432,177 VCP Option Shares.

 

Consequently, the Company has allotted 8,231,186 VCP Option Shares. The VCP
Option Shares rank, pari passu, in all respects with the Company's existing
Ordinary Shares.

 

- Ends -

 

For further information, please contact:

National World plc

Douglas Easton

c/o Montfort Communications

 

Montfort Communications

Olly Scott

+44 (0)78 1234 5205

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities ("PDMRs") and persons closely associated ("PCA")
with them.

  1   Details  of  the  person  discharging  managerial  responsibilities  /  person  closely
      associated
 a)   Name                                                                                             Mark Hollinshead
 2    Reason for notification
 a)   Position / status                                                                                Chief Commercial Officer and PDMR
 b)   Initial notification /Amendment                                                                  Initial notification
 3    Details of the issuer, emission allowance market participant, auction platform,
      auctioneer or auction monitor
 a)   Name                                                                                             National World plc
 b)   LEI                                                                                              213800NL4ICLKYSYU749
 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: GB00BJN5J635
 b)   Nature of the transaction                                                                        Exercise of options granted under the 2019 Value Creation Plan

 c)   Price(s) and volumes(s)                                                                          Price(s)  Volume(s)
                                                                                                       0.1p      3,799,009
 d)   Aggregated information                                                                           n/a
 e)   Date of the transaction                                                                          4 May 2023
 f)   Place of the transaction                                                                         Outside a trading venue

d)

Aggregated information

n/a

e)

Date of the transaction

4 May 2023

f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFEEETILVIV