Watches of Switzlnd. - Director/PDMR Shareholding

Watches of Switzerland

08/04/2025 13:15

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

 Identification code
Ordinary Shares of £0.0125
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
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

 Identification code
Ordinary Shares of £0.0125
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
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

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