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Director/PDMR Shareholding

12th Mar 2014 14:16

RNS Number : 1557C
Arrow Global Group PLC
12 March 2014
 



12 March 2014

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding 

 

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Connected Persons

In accordance with DTR3.1.4R(1), Arrow Global Group Plc (" the Company") announces that on 11 March 2014, it awarded nil-cost options over its ordinary shares under the Arrow Global Group Long - Term Incentive Plan ("LTIP") to the following directors and persons discharging managerial responsibility:

DIRECTORS

NUMBER OF NIL COST OPTIONS UNDER LTIP

Tom Drury

199,275

Zach Lewy

169,082

Rob Memmott

157,004

 

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

NUMBER OF NIL COST OPTIONS UNDER LTIP

Andrew Birkwood

80,515

Malcolm Jackson

80,515

Georgina Hayes

72,463

Steve Greenwood

47,906

Stewart Hamilton

38,838

 

The LTIP was adopted by the board on 5 October 2013 and its terms were set out in the Company's Prospectus dated 8 October 2013.

No payment is required for the shares, which vest on achievement of performance targets. The performance targets will be measured over a three year period which commenced on 1 January 2014.

ENQUIRIES

Arrow Global

+44 (0)161 2421724

Stewart Hamilton (Company Secretary)

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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