REG - National World PLC - Director/PDMR Shareholding

National WorldAnnouncement

30/06/2023 14:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230630:nRSd6012Ea&default-theme=true

RNS Number : 6012E  National World PLC  30 June 2023

30 June 2023

 

National World plc

(the "Company")

 

Director / PDMR Shareholding

 

As previously announced, under the terms of the Company's Value Creation Plan,
on 4 May 2023 Mark Hollinhead, Chief Commercial Officer and a person
discharging managerial responsibilities, 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").

 

The Company announces that following the allotment of the VCP Option Shares,
Mark Hollinshead sold 1,085,638 VCP Option Shares at a price of 20.0p per VCP
Option Share, in part to cover the related costs and associated taxes with the
exercise of the VCP Option Shares.

 

Following the above exercise and sale, Mark Hollinshead now has a total
beneficial interest in 3,471,278 Ordinary Shares, equivalent to approximately
1.30 per cent. of the Company's issued share capital.

 

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                                         Sale of VCP Option Shares in part to cover exercise costs and associated taxes

 c)   Price(s) and volumes(s)                                           Price  Volume
                                                                        20p    1,085,638
 d)   Aggregated information                                            n/a
 e)   Date of the transaction                                           11 May 2023
 f)   Place of the transaction                                          XLON

d)

Aggregated information

n/a

e)

Date of the transaction

11 May 2023

f)

Place of the transaction

XLON

 

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  DSHFLFIVRDIIVIV