Share Name Share Symbol Market Type Share ISIN Share Description
Arrow Global Group 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
  -7.50p -3.16% 230.00p 229.50p 230.00p 239.50p 229.50p 235.00p 593,300 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 319.0 50.6 23.0 10.0 410.41

Arrow Global Group PLC Director/PDMR Shareholding

20/06/2018 5:01pm

UK Regulatory (RNS & others)


Arrow Global (LSE:ARW)
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2 Months : From Jun 2018 to Aug 2018

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TIDMARW

RNS Number : 0531S

Arrow Global Group PLC

20 June 2018

20 June 2018

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Persons Closely Associated

The Company announces that on 18 June 2018 Paul Cooper, Group Chief Financial Officer, was granted the following awards over Ordinary Shares of 1 pence each in the Company. Each award will vest on the dates specified below:

 
 Type of award   Number of         Vesting date 
                  shares subject 
                  to award 
--------------  ----------------  ------------- 
 Nil-Cost            18,089        18 June 2018 
  Option 
--------------  ----------------  ------------- 
 Nil-Cost            18,089          30 April 
  Option                               2019 
--------------  ----------------  ------------- 
 Nil-Cost            31,862          30 April 
  Option                               2019 
--------------  ----------------  ------------- 
 Nil-Cost            70,098          30 April 
  Option                               2020 
--------------  ----------------  ------------- 
 Nil-Cost            25,491          30 April 
  Option                               2021 
--------------  ----------------  ------------- 
 

These are the buy-out awards referred to on pages 70 and 71 of the Company's Annual Report and Accounts for the year ended 31 December 2017.

Exercise of buy-out award

On 18 June 2018, Mr Cooper exercised the first of the buy-out awards to acquire 18,089 shares. Mr Cooper elected to self-fund the related income tax and National Insurance liabilities arising in connection with the exercise, which he must settle within seven business days of the 19 June 2018. On settlement of the liabilities, the 18,089 shares will be released to Mr Cooper and his resultant holding in the Company's share capital will be:

 
 Name of Director/PDMR    Aggregate Shares held Beneficially (across all accounts     % of the Company's Share Capital 
                          following notifications) (a) 
-----------------------  ----------------------------------------------------------  --------------------------------- 
 Paul Cooper              117,690                                                     0.07% 
-----------------------  ----------------------------------------------------------  --------------------------------- 
 

Notes

   (a)          Includes shares held under the Company's Share Incentive Plan. 

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Enquiries

ENQUIRIES

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

Notification of Dealing Form

 
 1.   Details of the Person Discharging Managerial 
       Responsibility ("PDMR")/person closely 
       associated with them ("PCA") 
---  ------------------------------------------------------------------- 
 a)   Name                           Paul Cooper 
---  -----------------------------  ------------------------------------ 
 2.   Reason for the notification 
---  ------------------------------------------------------------------- 
 a)   Position/status                Group Chief Financial Officer 
---  -----------------------------  ------------------------------------ 
 b)   Initial notification/          Initial Notification 
       amendment 
---  -----------------------------  ------------------------------------ 
 3.   Details of the Issuer 
---  ------------------------------------------------------------------- 
 a)   Name                           Arrow Global Group PLC 
---  -----------------------------  ------------------------------------ 
 b)   LEI code                       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                    Ordinary Shares of 1 pence 
       of the financial               each 
       instrument 
                                      ISIN: GB00BDGTXM47 
       Identification 
       code 
---  -----------------------------  ------------------------------------ 
 b)   Nature of                      Grant of Nil-Cost Options 
       the transaction 
---  -----------------------------  ------------------------------------ 
 c)   Price(s) and                   Price: N/A 
       volumes(s)                      Volume    Award            Volume 
                                                ---------------  ------- 
                                        Buy-Out Award 
                                         1                        18,089 
                                       ------------------------  ------- 
                                        Buy-Out Award 
                                         2                        18,089 
                                       ------------------------  ------- 
                                        Buy-Out Award 
                                         3                        31,862 
                                       ------------------------  ------- 
                                        Buy-Out Award 
                                         4                        70,098 
                                       ------------------------  ------- 
                                        Buy-Out Award 
                                         5                        25,491 
                                       ------------------------  ------- 
---  -----------------------------  ------------------------------------ 
 d)        Aggregated 
            information 
             *    Aggregate volume     Awards granted over 163,629 
                                       in total 
 
 
             *    Price                N/A 
---  -----------------------------  ------------------------------------ 
 e)   Date of the                    18 June 2018 
       transaction 
---  -----------------------------  ------------------------------------ 
 f)   Place of the                   Outside a trading venue 
       transaction 
---  -----------------------------  ------------------------------------ 
 
 
 1.   Details of the Person Discharging Managerial 
       Responsibility ("PDMR")/person closely 
       associated with them ("PCA") 
---  ----------------------------------------------------------------- 
 a)   Name                            Paul Cooper 
---  ------------------------------  --------------------------------- 
 2.   Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status                 Group Chief Financial Officer 
---  ------------------------------  --------------------------------- 
 b)   Initial notification/           Initial Notification 
       amendment 
---  ------------------------------  --------------------------------- 
 3.   Details of the Issuer 
---  ----------------------------------------------------------------- 
 a)   Name                            Arrow Global Group PLC 
---  ------------------------------  --------------------------------- 
 b)   LEI code                        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                     Ordinary Shares of 1 pence 
       of the financial                each 
       instrument 
                                       ISIN: GB00BDGTXM47 
       Identification 
       code 
---  ------------------------------  --------------------------------- 
 b)   Nature of                       Exercise of a Nil-Cost Option. 
       the transaction 
---  ------------------------------  --------------------------------- 
 c)   Price(s) and                    Price(s)         Volume(s) 
       volumes(s) 
                                       N/A              18,089 
---  ------------------------------  ---------------  ---------------- 
 d)        Aggregated 
            information 
             *    Aggregate volume      N/A 
 
 
                                        N/A 
             *    Price 
---  ------------------------------  --------------------------------- 
 e)   Date of the                     18 June 2018 
       transaction 
---  ------------------------------  --------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
---  ------------------------------  --------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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