Arrow Global Group PLC Director/PDMR Shareholding (7212Y)

TIDMARW

RNS Number : 7212Y

Arrow Global Group PLC

10 May 2019

10 May 2019

Arrow Global Group PLC (the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR PERSONS CLOSELY ASSOCIATED

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

Grant of Restricted Share Award

Arrow Global Group PLC announces that on 10 May 2019, it granted a restricted share award to the following person discharging managerial responsibility:

 
     PERSON DISCHARGING        NUMBER OF SHARES UNDER 
  MANAGERIAL RESPONSIBILITY     RESTRICTED SHARE AWARD 
        Zachary Lewy                   359,934 
                              ------------------------ 
 

No payment is required for the Shares which vest on 10 May 2021, subject to continued employment.

Interests of Directors, Persons Discharging Managerial Responsibility or Persons Closely Associated

As a result of the above transaction, Mr Lewy is 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) (b) (c) 
                          (d) 
 Zachary Lewy             3,112,242                                                   1.76% 
                         ----------------------------------------------------------  --------------------------------- 
 

Notes

   (a)                  Includes shares held under the Company's Share Incentive Plan. 
   (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 Form 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                                              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  Ordinary shares 
     instrument Identification code                    of 1p each 
                                                       ISIN: GB00BDGTXM47 
    ------------------------------------------------  ------------------------ 
b)  Nature of the transaction                         Grant of shares 
                                                       pursuant to a 
                                                       restricted share 
                                                       award 
    ------------------------------------------------  ------------------------ 
c)  Price(s) and volume(s)                            Price(s)       Volume(s) 
                                                       N/A -          359,934 
                                                        no price 
                                                        was payable 
                                                        for the 
                                                        shares 
                                                        granted 
                                                        under 
                                                        the award 
    ------------------------------------------------  -------------  --------- 
d)  Aggregated information                            N/A 
     - Aggregated volume 
     - Price 
    ------------------------------------------------  ------------------------ 
e)  Date of the transaction                           10 May 2019 
    ------------------------------------------------  ------------------------ 
f)  Place of the transaction                          Outside a trading 
                                                       venue 
    ------------------------------------------------  ------------------------ 
 

ENQUIRIES

 
                                         [phone] 
 Arrow Global                             5861 
 Stewart Hamilton (Company Secretary) 
 

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 [e-mail] or visit www.rns.com.

END

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(END) Dow Jones Newswires

May 10, 2019 11:51 ET (15:51 GMT)