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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Arrow Global Group Plc | LSE:ARW | London | Ordinary Share | GB00BDGTXM47 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 307.00 | 307.00 | 307.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMARW
RNS Number : 3398Z
Arrow Global Group PLC
14 March 2017
14 March 2017
Arrow Global Group PLC (the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR PERSONS CLOSELY ASSOCIATED
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Arrow Global Group Long Term Incentive Plan ("LTIP")- Vesting of 2014 awards
In respect of the nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014 ("2014 LTIP"), following partial achievement of the performance criteria, 86.04% of the 2014 LTIP awards vested on 11 March 2017. The participants are not required to make any payment for the shares which vested on the achievement of specified performance targets which were measured over the three year period commencing on 1 January 2014.
The following table sets out the number of ordinary shares in the Company which either vested or were exercised by the Directors and PDMRs on 11 March 2017 ("Shares") under the 2014 LTIP. The Shares set out in the third column below were sold, including those sold to discharge the tax liability on the Shares, on 13 March 2017 at an average price of GBP3.2425 per Share, leaving the balance of Shares set out in the final column below:
Name of Director/PDMR Number of Shares vested and Total number of Shares sold, Balance of Shares retained by exercised including Shares sold to Director/PDMR discharge tax liabilities (and percentage of Company's issued share capital sold) ----------------------- ------------------------------ ----------------------------- ------------------------------ Robert Memmott 135,086 135,086 nil ----------------------- ------------------------------ ----------------------------- ------------------------------ Zachary Lewy 145,478 145,478 nil ----------------------- ------------------------------ ----------------------------- ------------------------------ Steve Greenwood 41,218 (11,218 exercised) 11,218 30,000 (vested but not exercised) ----------------------- ------------------------------ ----------------------------- ------------------------------ Stewart Hamilton 33,416 (nil exercised) nil 33,416 (vested but not exercised) ----------------------- ------------------------------ ----------------------------- ------------------------------
Notification of Transactions
Zachary Lewy* additionally sold 618,045 ordinary shares in the Company at a price of GBP3.2425 per share on 13 March 2017. This sale was made to part fund a house purchase following his divorce in 2016, and Zachary Lewy retains 3,716,959 ordinary shares in the Company as set out in the table below.
Stewart Hamilton** sold 6,785 ordinary shares in the Company at a price of GBP3.2425 per share on 13 March 2017.
* The shares were sold by Lewylang LP, a Delaware limited partnership, which is a person closely associated with Zachary Lewy.
** 3,392 shares were sold by Leah Hamilton who is a person closely associated with Stewart Hamilton.
Interests of Directors and PDMRs
As a result of the above transactions, the Directors and PDMRs are interested in the following ordinary shares in the Company:
Name of Director/PDMR Aggregate Shares held Beneficially (across all accounts % of the Company's Share Capital following notifications) (a) (d) ----------------------- ---------------------------------------------------------- --------------------------------- Robert Memmott 2,383,781(b) 1.36 ----------------------- ---------------------------------------------------------- --------------------------------- Zachary Lewy 3,716,959 (b)(c) 2.12 ----------------------- ---------------------------------------------------------- --------------------------------- Steve Greenwood 33,115 0.02 ----------------------- ---------------------------------------------------------- --------------------------------- Stewart Hamilton 166,193 0.09 ----------------------- ---------------------------------------------------------- ---------------------------------
Notes
(a) Excluding LTIP awards of nil cost options. (b) Includes awards under the Deferred Share Bonus Plan (c) Includes restricted share awards. (d) Includes shares held by Persons Closely Associated.
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Rob Memmott ------------------------------------------------------------------------------ ---------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Group Chief Financial Officer ------------------------------------------------------------------------------ ---------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------------------ ---------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc ------------------------------------------------------------------------------ ---------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------------------ ---------------------------------- 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 Ordinary shares code of 1p each ISIN: GB00BDGTXM47 ------------------------------------------------------------------------------ ---------------------------------- b) Nature of the transaction Exercise of nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014. ------------------------------------------------------------------------------ ---------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) N/A - nil-cost options 135,086 ------------------------------------------------------------------------------ ----------------------- --------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------------------ ---------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------------------ ---------------------------------- f) Place of the transaction London Stock Exchange
------------------------------------------------------------------------------ ---------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------- a) Name Rob Memmott ------------------------------------------------------------------------------- ---------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------- a) Position/status Group Chief Financial Officer ------------------------------------------------------------------------------- ---------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------------------- ---------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------- a) Name Arrow Global Group Plc ------------------------------------------------------------------------------- ---------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------------------- ---------------------- 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 each ISIN: GB00BDGTXM47 ------------------------------------------------------------------------------- ---------------------- b) Nature of the transaction Sale of shares following the exercise of nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014. ------------------------------------------------------------------------------- ---------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP3.2425 135,086 ------------------------------------------------------------------------------- ----------- --------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------------------- ---------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------------------- ---------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------------------- ---------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Zachary Lewy ------------------------------------------------------------------------------ ---------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Founder and Group Chief Investment Officer ------------------------------------------------------------------------------ ---------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------------------ ---------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc ------------------------------------------------------------------------------ ---------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------------------ ---------------------------------- 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 Ordinary shares code of 1p each ISIN: GB00BDGTXM47 ------------------------------------------------------------------------------ ---------------------------------- b) Nature of the transaction Exercise of nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014. ------------------------------------------------------------------------------ ---------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) N/A - nil-cost options 145,478 ------------------------------------------------------------------------------ ----------------------- --------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------------------ ---------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------------------ ---------------------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------------------ ---------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------- a) Name Zachary Lewy ------------------------------------------------------------------------------- ---------------------- 2 Reason for the notification
------------------------------------------------------------------------------------------------------- a) Position/status Founder and Group Chief Investment Officer ------------------------------------------------------------------------------- ---------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------------------- ---------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------- a) Name Arrow Global Group Plc ------------------------------------------------------------------------------- ---------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------------------- ---------------------- 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 each ISIN: GB00BDGTXM47 ------------------------------------------------------------------------------- ---------------------- b) Nature of the transaction Sale of shares following the exercise of nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014. ------------------------------------------------------------------------------- ---------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP3.2425 145,478 ------------------------------------------------------------------------------- ----------- --------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------------------- ---------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------------------- ---------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------------------- ---------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Lewylang LP ------------------------------------------------------------------- --------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Person closely associated with Zachary Lewy. ------------------------------------------------------------------- --------------------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------- --------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc ------------------------------------------------------------------- --------------------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------- --------------------------------------------- 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 Ordinary shares Identification code of 1p each ISIN: GB00BDGTXM47 ------------------------------------------------------------------- --------------------------------------------- b) Nature of the transaction Sale of ordinary shares in the Company. ------------------------------------------------------------------- --------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP3.2425 618,045 ------------------------------------------------------------------- ---------------------- --------------------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------- --------------------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------- --------------------------------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------- --------------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Steve Greenwood ------------------------------------------------------------------ ---------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Group Chief Risk Officer ------------------------------------------------------------------ ---------------------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------ ---------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc
------------------------------------------------------------------ ---------------------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------ ---------------------------------------------- 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 Ordinary shares Identification code of 1p each ISIN: GB00BDGTXM47 ------------------------------------------------------------------ ---------------------------------------------- b) Nature of the transaction Part exercise of nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014. ------------------------------------------------------------------ ---------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) N/A - nil-cost options 11,218 ------------------------------------------------------------------ ----------------------- --------------------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------ ---------------------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------ ---------------------------------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------ ---------------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Steve Greenwood ------------------------------------------------------------------- --------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Group Chief Risk Officer ------------------------------------------------------------------- --------------------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------- --------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc ------------------------------------------------------------------- --------------------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------- --------------------------------------------- 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 Ordinary shares Identification code of 1p each ISIN: GB00BDGTXM47 ------------------------------------------------------------------- --------------------------------------------- b) Nature of the transaction Sale of shares following the part exercise of nil-cost options awarded over ordinary shares under the LTIP on 11 March 2014. ------------------------------------------------------------------- --------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP3.2425 11,218 ------------------------------------------------------------------- ---------------------- --------------------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------- --------------------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------- --------------------------------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------- --------------------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Stewart Hamilton ------------------------------------------------------------------------------- --------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Group General Counsel and Company Secretary ------------------------------------------------------------------------------- --------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------------------- --------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc ------------------------------------------------------------------------------- --------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------------------- --------------------------------- 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 each ISIN: GB00BDGTXM47
------------------------------------------------------------------------------- --------------------------------- b) Nature of the transaction Sale of ordinary shares in the Company. ------------------------------------------------------------------------------- --------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP3.2425 3,393 ------------------------------------------------------------------------------- ---------------------- --------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------------------- --------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------------------- --------------------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------------------- --------------------------------- 1 Details of the person discharging managerial responsibilities/person closely associated ------------------------------------------------------------------------------------------------------------------ a) Name Leah Hamilton ------------------------------------------------------------------- --------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------------------------------------------ a) Position/status Person closely associated with Stewart Hamilton. ------------------------------------------------------------------- --------------------------------------------- b) Initial notification/ Amendment Initial notification ------------------------------------------------------------------- --------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------------------------------------------ a) Name Arrow Global Group Plc ------------------------------------------------------------------- --------------------------------------------- b) LEI 213800CUJ6YMLEO33C88 ------------------------------------------------------------------- --------------------------------------------- 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 Ordinary shares Identification code of 1p each ISIN: GB00BDGTXM47 ------------------------------------------------------------------- --------------------------------------------- b) Nature of the transaction Sale of ordinary shares in the Company. ------------------------------------------------------------------- --------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) GBP3.2425 3,392 ------------------------------------------------------------------- ---------------------- --------------------- d) Aggregated information N/A - Aggregated volume - Price ------------------------------------------------------------------- --------------------------------------------- e) Date of the transaction 13 March 2017 ------------------------------------------------------------------- --------------------------------------------- f) Place of the transaction London Stock Exchange ------------------------------------------------------------------- ---------------------------------------------
ENQUIRIES
+44 (0)161 Arrow Global 242 1724 Stewart Hamilton (Company Secretary)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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March 14, 2017 03:01 ET (07:01 GMT)
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