19th May 2016 16:23
19 May 2016
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 19 May 2016, it granted a conditional award over its ordinary shares under the Arrow Global Group Long - Term Incentive Plan ("LTIP") and a restricted share award to the following persons discharging managerial responsibility:
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | NUMBER OF SHARES SUBJECT TO CONDITIONAL AWARD* | NUMBER OF SHARES UNDER RESTRICTED SHARE AWARD** |
Joost van Rens |
80,277 | - |
Zachary Lewy | - | 272,638 |
* No payment is required for the shares, which will vest on 8 April 2019, subject to the achievement of performance targets based on earnings per share growth, relative total shareholder return and return on equity over a three year period which commenced on 1 January 2016.
** No payment is required for the shares which vest on 1 May 2018, subject to continued employment.
ENQUIRIES
Stewart Hamilton (Company Secretary) +44 (0) 161 242 1724
Related Shares:
ARW.L