REG - Watches of Switzlnd. - Director/PDMR Shareholding

Watches of SwitzerlandAnnouncement

08/04/2025 13:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250408:nRSH1526Ea&default-theme=true

RNS Number : 1526E  Watches of Switzerland Group PLC  08 April 2025

08 April 2025

 

Watches of Switzerland Group PLC

Notification of transactions by Directors, Persons Discharging Managerial
Responsibilities ("PDMRs") and persons closely associated with them

The following information is given in accordance with Article 19.3 of the
Market Abuse Regulation and is made on behalf of Brian Duffy a PDMR, in the
Watches of Switzerland Group PLC under article 19.1 of the Market Abuse
Regulation ('MAR').

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Brian Duffy
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Watches of Switzerland Group PLC
 b)  LEI                                                          2138008ZOT5K9PJW7168
 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 £0.0125

Identification code

                                                                  ISIN: GB00BJDQQ870
 b)  Nature of the transaction                                    Exercise of LTIP three-year options under the Company's Long Term Incentive
                                                                  Plan.

Granted July 2019  370,370
                                                                  Granted July 2020  312,500
                                                                  Granted July 2021  106,157

 

                                                                  The options are exerciseable having met the pre-determined performance
                                                                  conditions in full.

                                                                  Following exercise, all of the shares will be held in a nominee account for
                                                                  the relevant holding period.
 d)  Aggregated information                                       £2,584,852

      Aggregated volume                                           789,027

     - Price                                                      £3.276

 e)  Date of the transaction                                      7 April 2025
 f)  Place of the transaction                                     XLON

 

The options are exerciseable having met the pre-determined performance
conditions in full.

 

Following exercise, all of the shares will be held in a nominee account for
the relevant holding period.

d)

Aggregated information

 

 Aggregated volume

 

- Price

£2,584,852

 

789,027

 

£3.276

 

e)

Date of the transaction

7 April 2025

f)

Place of the transaction

XLON

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Brian Duffy
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Watches of Switzerland Group PLC
 b)  LEI                                                          2138008ZOT5K9PJW7168
 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 £0.0125

Identification code

                                                                  ISIN: GB00BJDQQ870
 b)  Nature of the transaction                                    Exercise of Annual Deferred shares granted under the Company's Long Term
                                                                  Incentive Plan.  Shares vested on third year anniversary of grant

Granted July 2021  25,433

 

                                                                  Following exercise all of the shares will be held in a nominee account.
 d)  Aggregated information                                       £83,319

      Aggregated volume                                           25,433

     - Price                                                      £3.276
 e)  Date of the transaction                                      7 April 2025
 f)  Place of the transaction                                     XLON

 

Following exercise all of the shares will be held in a nominee account.

d)

Aggregated information

 

 Aggregated volume

 

- Price

£83,319

 

25,433

 

£3.276

e)

Date of the transaction

7 April 2025

f)

Place of the transaction

XLON

 

Contact

Caroline Browne

Group Finance and Investor Relations Director

E: investor.relations@thewosgroup.com

 

Laura Battley

Company Secretary & General Counsel

E: companysecretariat@thewosgroup.com

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  DSHBBGDSUBGDGUI