Director/PDMR Transaction

1

Details of PDMR / person closely associated

a)

Name

Mark Dixon

2

Reason for the notification

a)

Position / status

CEO

b)

Initial notification / Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

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, type of instrument

Identification code

Ordinary shares of 1p

ISIN: JE00BYVQYS01

b)

Nature of the transaction

Exercised right to acquire at nil cost:

· 226,804 ordinary shares of 1p in IWG plc (awarded as nil cost options under the Performance Share Plan on 7 March 2018); and

· 172,354 ordinary shares of 1p in IWG plc (awarded as nil cost options under the Deferred Share Bonus Plan on 4 March 2020).

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

399,158

GBP 0.00

e)

Date of the transaction

22 May 2023

f)

Place of the transaction

Outside a trading venue