Director/PDMR Shareholding

16 June 2015

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding

Notification of Transactions of Directors, Persons Discharging Responsibility or Connected Persons - DTR3.1.4R(1)

Arrow Global Group PLC announces that on 15 June 2015, it granted nil-cost options over its ordinary shares under the Arrow Global Group Long - Term Incentive Plan ("LTIP") and a restricted share award to the following directors and persons discharging managerial responsibility:

* No payment is required for the shares, which will vest on the third anniversary of the date of grant, subject to the achievement of performance targets measured over a three year period which commenced on 1 January 2015.

On the same date, each participant was granted a tax qualifying option ("CSOP Option") as part of the above award under the Company's LTIP over 11,400 shares at a per share exercise price of 263.15p. Each CSOP Option is subject to the same performance targets as apply to the nil-cost option part of the awards. If a CSOP Option is exercised at a gain, the number of shares that may be delivered under the above associated nil-cost option under the LTIP will be reduced at exercise by the same value to ensure that the total pre-tax value of the original LTIP award delivered to the participant is not increased by the grant of the CSOP Option.

** No payment is required for the shares which vest on 1 May 2017, subject to continued employment.  

ENQUIRIES

Stewart Hamilton (Company Secretary) +44 (0) 161 242 1724