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REG - NWF Group PLC - Issue of Equity

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RNS Number : 4686V  NWF Group PLC  10 August 2022

10 August 2022

NWF Group plc

 

NWF Group plc: Issue of Equity under Company Performance Share Plan

 

 

NWF Group plc ("NWF" or the "Company"), the specialist distributor of fuel,
food and feed across the UK, announces it has issued 273,800 ordinary shares
of 25 pence each ("Ordinary Shares") pursuant to awards previously made under
the NWF Company Performance Share Plan (the "Plan"), following the
satisfaction of certain performance conditions.

 

The table below sets out the allocation of the awards, together with the
resulting holdings of the PDMRs following Admission:

 

 Director / PDMR  Number of awards  Resulting interest in Ordinary Shares  Resulting percentage of Ordinary Shares
 Richard Whiting  92,667            505,122                                1.02%
 Chris Belsham    55,678            162,845                                0.33%
 Rob Andrew       41,774            179,293                                0.36%
 Richard Huxley   43,138            63,636                                 0.13%
 Andrew Downie    40,543            85,481                                 0.17%

 

 

Issue of equity and total voting rights

 

Application has been made for the 273,800 new Ordinary Shares to be admitted
to trading on AIM ("Admission"). Admission is expected to take place at 8.00
a.m. on 11 August 2022.

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR
5.6.1) the Company notifies that following Admission, its issued share capital
will consist of 49,407,963 Ordinary Shares. There are no Ordinary Shares held
in treasury.  Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

 

 Rob Andrew               Reg Hoare/Catherine Chapman  Mike Bell/Ed Allsopp
 Group Company Secretary  MHP Communications           Peel Hunt LLP
 NWF Group plc            Tel: 020 3128 8339           (Nominated Adviser)
 Tel: 01829 260 260                                    Tel: 020 7418 8900

 

 

The below notification made in accordance with the requirements of the EU
Market Abuse Regulation provides further detail:

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Richard Whiting
 2    Reason for the notification
 a)   Position/status                                              Chief Executive
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         NWF Group plc
 b)   LEI                                                          213800ARRZNN1WVZ9M70
 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

                                                                   Shares in NWF Group plc
      Identification code                                          GB0006523608
 b)   Nature of the transaction                                    Issue of shares under the Company's Performance Share Plan
 c)   Price(s) and volume(s)

                                                                                     Price(s)  Volume(s)
                                                                                      Nil       92,667
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

      - Total

 e)   Date of the transaction                                      6 August 2022

 f)   Place of the transaction                                     Outside of a trading venue

d)

 

Aggregated information

- Aggregated volume

n/a

- Price

 

- Total

e)

 

Date of the transaction

 

6 August 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Chris Belsham
 2    Reason for the notification
 a)   Position/status                                              Group Finance Director
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         NWF Group plc
 b)   LEI                                                          213800ARRZNN1WVZ9M70
 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

                                                                   Shares in NWF Group plc
      Identification code                                          GB0006523608
 b)   Nature of the transaction                                    Issue of shares under the Company's Performance Share Plan
 c)   Price(s) and volume(s)

                                                                                     Price(s)  Volume(s)
                                                                                      Nil       55,678
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

      - Total

 e)   Date of the transaction                                      6 August 2022

 f)   Place of the transaction                                     Outside of a trading venue

d)

 

Aggregated information

- Aggregated volume

n/a

- Price

 

- Total

e)

 

Date of the transaction

 

6 August 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Rob Andrew
 2    Reason for the notification
 a)   Position/status                                              Group Company Secretary
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         NWF Group plc
 b)   LEI                                                          213800ARRZNN1WVZ9M70
 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  Shares in NWF Group plc

      Identification code                                          GB0006523608
 b)   Nature of the transaction                                    Issue of shares under the Company's Performance Share Plan
 c)   Price(s) and volume(s)

                                                                                     Price(s)  Volume(s)
                                                                                      Nil       41,774
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

      - Total

 e)   Date of the transaction                                      6 August 2022

 f)   Place of the transaction                                     Outside of a trading venue

d)

 

Aggregated information

- Aggregated volume

n/a

- Price

 

- Total

e)

 

Date of the transaction

 

6 August 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Richard Huxley
 2    Reason for the notification
 a)   Position/status                                              Managing Director Fuels
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         NWF Group plc
 b)   LEI                                                          213800ARRZNN1WVZ9M70
 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  Shares in NWF Group plc

      Identification code                                          GB0006523608
 b)   Nature of the transaction                                    Issue of shares under the Company's Performance Share Plan
 c)   Price(s) and volume(s)

                                                                                     Price(s)  Volume(s)
                                                                                      Nil       43,138
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

      - Total

 e)   Date of the transaction                                      6 August 2022

 f)   Place of the transaction                                     Outside of a trading venue

d)

 

Aggregated information

- Aggregated volume

n/a

- Price

 

- Total

e)

 

Date of the transaction

 

6 August 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Andrew Downie
 2    Reason for the notification
 a)   Position/status                                              Managing Director Feeds
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         NWF Group plc
 b)   LEI                                                          213800ARRZNN1WVZ9M70
 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  Shares in NWF Group plc

      Identification code                                          GB0006523608
 b)   Nature of the transaction                                    Issue of shares under the Company's Performance Share Plan
 c)   Price(s) and volume(s)

                                                                                     Price(s)  Volume(s)
                                                                                      Nil       40,543
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price

      - Total

 e)   Date of the transaction                                      6 August 2022

 f)   Place of the transaction                                     Outside of a trading venue

d)

 

Aggregated information

- Aggregated volume

n/a

- Price

 

- Total

e)

 

Date of the transaction

 

6 August 2022

f)

 

Place of the transaction

 

Outside of a trading venue

 

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