12 May 2021 12:54
Arrow Global Group PLC (the "Company" or "Arrow Global")
Director/PDMR Shareholding
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility
Long Term Incentive Plan ("LTIP")
On 11 May 2021, Lee Rochford, Group Chief Executive Officer and Person Discharging Managerial Responsibility, exercised an award granted to him on 31 March 2017 under the Company's LTIP over 46,062 shares. Lee elected to fund the income tax and national insurance liabilities applicable to the exercise of the award by means of the sale of 21,693 of such shares, and accordingly retains 24,369 shares. As a result of the transaction, Lee has an interest in the following shares in the Company:
Name of Person Discharging Managerial Responsibility | Aggregate shares held beneficially following the notification) (a) (b) |
Lee Rochford | 517,181 |
(a) Excludes unvested and unexercised LTIP awards of nil cost options.
(b) Includes awards under the Deferred Share Bonus Plan and/or Restricted Share Awards.
This announcement is made in accordance with Article 19.3 of the EU Market Abuse Regulation.
ENQUIRIES
Arrow Global Group
Louise Brace (Company Secretary) | 07542859618 |
| |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Lee Rochford | |
2 | Reason for the notification | ||
a) | Position/status | Group Chief Executive Officer | |
b) | Initial notification/ Amendment | Initial notification | |
3 | Details of the issuer | ||
a) | Name | Arrow Global Group plc | |
b) | LEI code
| 213800CUJ6YMLEO33C88 | |
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 1p each ISIN: GB00BDGTXM47 | |
b) | Nature of the transaction | Exercise of nil-cost options awarded over ordinary shares under the LTIP on 31 March 2017 | |
c) | Price(s) and volume(s) | Price - nil-cost options Volume - 21,693 | |
d) | Aggregated information- Aggregated volume- Price | N/A | |
e) | Date of the transaction | 11 May 2021
| |
f) | Place of the transaction | London Stock Exchange | |