2nd Aug 2016 15:00
2 August 2016
Arrow Global Group PLC (the "Company")
Director/PDMR Shareholding
Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Persons Closely Associated under the Arrow Global Group Share Incentive Plan ("SIP")
In accordance with Article 19.3 of the Market Abuse Regulation, Arrow Global Group Plc announces that on 2 August 2016, it was notified by Capita IRG Trustees Limited (the "SIP Trustee"), that the following persons discharging managerial responsibility were allocated on 28 July 2016 under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at £2.2355 per share) and Matching Shares, held through the SIP Trustee, as set out below:
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) (e) |
Zachary Lewy | 67 | 67 | 5,895,640 (d) |
Stewart Hamilton | 67 | 67 | 138,844 |
Steve Greenwood | 67 | 67 | 2,397 |
Tracy French | 67 | 67 | 2,034 |
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 2016 Employee Benefit Trust to the SIP Trustee on a regular basis to satisfy Matching Share awards under the SIP to Participants.
(c) Excluding (i) LTIP awards of nil cost options and (ii) restricted share awards.
(d) Includes awards under the Deferred Share Bonus Plan.
(e) Includes shares held by Persons Closely Associated.
ENQUIRIES
Arrow Global | +44 (0)161 242 1724 |
Stewart Hamilton (Company Secretary) |
Related Shares:
ARW.L