Director/PDMR Shareholding Notification

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Estorn Limited

2.

Reason for the notification

(a)

Position/status

Person closely associated with Mark Dixon, CEO (100% owned company)

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

IWG plc

(b)

LEI

2138003LWDII27UTAG52

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

Ordinary shares of 1 pence each

(b)

Identification code of the Financial Instrument

JE00BYVQYS01

(c)

Nature of the transaction

Purchase of new ordinary shares

(d)

Price(s) and volume(s)

Price(s)

Volume(s)

239.0p

38,205,384

(e)

Aggregated information

- Aggregated volume

- Price

38,205,384

239.0p

(f)

Date of the transaction

28 May 2020

(g)

Place of the transaction

XLON