2nd May 2023 12:29
2 May 2023
Dowlais Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 2 May 2023, Dowlais Group plc (the "Company") made awards over Ordinary shares of 1 pence each under the 2023 Performance Share Plan ("PSP") to its Executive Directors as follows:
Name | Role | Number of Shares |
Liam Butterworth | Chief Executive Officer | 2,119,576 |
Roberto Fioroni | Chief Financial Officer | 1,000,249 |
The above awards were granted as conditional share awards which are subject to criteria relating to the Company's performance over a performance period ending on 31 December 2025. Vested shares will be subject to a two-year holding period.
The notifications below have been made in accordance with the requirements of The UK Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Liam Butterworth
| |
2. | Reason for the notification | ||
(a) | Position / status | Chief Executive Officer (Person Discharging Managerial Responsibilities)
| |
(b) | Initial notification / amendment | Initial Notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction | ||
(a) | Name | Dowlais Group plc | |
(b) | LEI | 213800XM8WOFLY6VPC92 | |
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 Identification code | Dowlais Group plc ordinary shares of 1 pence each
GB00BMWRZ071 | |
(b) | Nature of the transaction | Grant of a conditional share award under the Dowlais Group plc Performance Share Plan | |
(c) | Price(s) and volume(s)
| Price(s) | Volume(s) |
NIL | 2,119,576 | ||
(d) | Aggregated information Aggregated volume Price |
2,119,576 N/A | |
(e) | Date of the transaction | 2 May 2023 | |
(f) | Place of the transaction | Outside of a trading venue | |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | Roberto Fioroni
| |
2. | Reason for the notification | ||
(a) | Position / status | Chief Financial Officer (Person Discharging Managerial Responsibilities)
| |
(b) | Initial notification / amendment | Initial Notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction | ||
(a) | Name | Dowlais Group plc | |
(b) | LEI | 213800XM8WOFLY6VPC92 | |
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 Identification code | Dowlais Group plc ordinary shares of 1 pence each
GB00BMWRZ071 | |
(b) | Nature of the transaction | Grant of a conditional share award under the Dowlais Group plc Performance Share Plan | |
(c) | Price(s) and volume(s) | Price(s) | Volume(s) |
NIL | 1,000,249 | ||
(d) | Aggregated information Aggregated volume Price |
1,000,249 N/A | |
(e) | Date of the transaction | 2 May 2023 | |
(f) | Place of the transaction | Outside of a trading venue | |
Related Shares:
Dowlais