5th May 2015 16:27
5 May 2015
Arrow Global Group PLC (the "Company")
Director/PDMR Shareholding
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Connected Persons under the Arrow Global Group Share Incentive Plan ("SIP")
In accordance with DTR3.1.4R(1) (a), Arrow Global Group Plc announces that on 29 April 2015, it was notified by Capita IRG Trustees Limited (the "SIP Trustee"), that the following director and persons discharging managerial responsibility were allocated on 28 April 2015 under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at £2.568 per share) and Matching Shares, held through the SIP Trustee, as set out below:
DIRECTOR | Partnership Shares acquired under the SIP (a) | Matching Shares acquired under SIP(b) | Aggregate Shares held Beneficially ( across all accounts following notification) (c) |
Zachary Lewy (e) | 59 | 59 | 7,465,500 (d) |
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY | Partnership Shares acquired under the SIP (a) | Matching Shares acquired under SIP(b) | Aggregate Shares held Beneficially ( across all accounts following notification) (c) |
Steve Greenwood | 38 | 38 | 1,519 |
Stewart Hamilton | 59 | 59 | 213,905 |
Notes
(a) Pursuant to a regular monthly instruction, the SIP Trustee acquires Partnership Shares using the participating employees' gross salaries. The Company gives the participating employees 1 Matching Share for each Partnership Share bought on their behalf. The Matching Shares are subject to a 3 year forfeiture period.
(b) Ordinary Shares of 1 pence each are transferred by the Trustee of the Arrow Global Employee Benefit Trust to the SIP Trustee on a regular basis to satisfy Matching Share awards under the SIP to Participants.
(c) Excluding LTIP awards of nil cost options.
(d) Includes awards under the Deferred Share Bonus Plan.
(e) Zachary Lewy ceased to be a director of the Company with effect from 30 April 2015.
ENQUIRIES
Arrow Global | +44 (0)161 2421724 |
Stewart Hamilton (Company Secretary) |
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Related Shares:
ARW.L