Director/PDMR Shareholding

11 April 2016

Arrow Global Group PLC (the "Company" or "Arrow Global")

Director/PDMR Shareholding

Notification of Transactions of Directors, Persons Discharging Responsibilities or Connected Persons - DTR3.1.4R

Arrow Global announces that on 8 April 2016, awards in the form of nil-cost options were granted over ordinary shares in the Company under the Arrow Global Group Long - Term Incentive Plan ("LTIP") to the following directors and persons discharging managerial responsibilities:

* No payment is required for the shares, which will vest on the third anniversary of the date of grant, subject to the achievement of performance targets based on earnings per share growth, relative total shareholder return and return on equity performance measured over a three year period which commenced on 1 January 2016.

** On the same date, this UK participant was granted a tax qualifying option ("CSOP Option") as part of the award under the Company's LTIP over 11,245 shares at a per share exercise price of 266.775p. The CSOP Option is subject to the same performance targets as apply to the nil-cost option part of the awards. If a CSOP Option is exercised at a gain, the number of shares that may be delivered under the associated nil-cost option will be reduced at exercise by the same value to ensure that the total pre-tax value delivered to the participant is not increased by the grant of the CSOP Option

ENQUIRIES

Arrow Global

Stewart Hamilton ( Company Secretary) +44 (0) 161 242 1724