26th Aug 2016 17:00
26 August 2016
Arrow Global Group PLC ("Arrow Global" or the "Company")
Director/PDMR Shareholding
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Persons Closely Associated
In accordance with Article 19.3 of the Market Abuse Regulation, Arrow Global announces that on 26 August 2016, it was notified that pursuant to a Court Order, Zachary Lewy, Founder and Chief Investment Officer, transferred on 26 August 2016 the following shares held in Arrow Global to his former wife, Anja Langenbucher, for nil consideration:
Name of PDMR | Type of Shares ("Shares") | Shares owned outright held prior to transfer | Shares transferred (" the Transferred Shares") (a) | Shares owned outright held after the transfer |
Zachary Lewy | Ordinary Shares of 1p each | 5,867,300 | 2,100,000 | 3,767,300 |
Following the transfer, Mr Lewy's interest in the share capital of the Company is as follows:
Type | Owned Outright
| Unvested Subject to performance conditions | Unvested Not subject to performance conditions | Total shareholding |
Shares | 3,767,300 | - | - | 3,767,300 |
Long Term Incentive Plan | - | 169,082 | - | 169,082 |
Deferred Share Bonus Plan | - | - | 24,814 | 24,814 |
Share Incentive Plan |
|
| 3,526 | 3,526 |
Restricted Share Awards | - | - | 538,646 | 538,646 |
Notes
(a) The Transferred Shares were transferred on behalf of Lewylang LP. Lewylang LP is a Delaware limited partnership, which is a Person Closely Associated to Zachary Lewy.
For further information:
Arrow Global +44 (0)161 242 5896
Alex Barnett
Instinctif Partners
Mike Davies +44 (0)7527 348 536
Giles Stewart +44 (0)7976 069 969
Related Shares:
ARW.L