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ARW Arrow Global Group Plc

307.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Arrow Global Group PLC Director/PDMR Shareholding (9625C)

21/06/2019 7:00am

UK Regulatory


Arrow Global (LSE:ARW)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Arrow Global Charts.

TIDMARW

RNS Number : 9625C

Arrow Global Group PLC

21 June 2019

21 June 2019

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding

Notification of Transactions of Directors, Persons Discharging Responsibility or Connected Persons - DTR3.1.4R(1)

Arrow Global Group PLC announces that on 20 June 2019, it granted nil-cost options over its ordinary shares under the Arrow Global Group Long - Term Incentive Plan ("LTIP") to the following directors and persons discharging managerial responsibility:

 
   DIRECTORS     NUMBER OF NIL COST OPTIONS UNDER 
                               LTIP* 
 Lee Rochford                390,780 
                --------------------------------- 
  Paul Cooper                237,259 
                --------------------------------- 
 
 
 PERSONS DISCHARGING MANAGERIAL    NUMBER OF NIL COST OPTIONS 
         RESPONSIBILITIES           UNDER LTIP* 
          Tracy French                       95,337 
                                  --------------------------- 
        Stewart Hamilton                     86,670 
                                  --------------------------- 
         Dave Sutherland                    122,746 
                                  --------------------------- 
 

* 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 measured over a three year period which commenced on 1 January 2019.

The performance measures for the nil-cost options are underlying ROE (as regards 50% of the award), relative TSR (as regards 25% of the award) and underlying FCF (as regards 25% of the award), as disclosed on page 76 of the Annual Report and Accounts 2018. Underlying FCF (being cash from operations after interest and taxes, but before exceptional business disposals and excluding adjusted items and subject to such other adjustments as the Remuneration Committee determines) is a three year cumulative target with threshold vesting being achieved at GBP715m and maximum vesting at GBP757m, with straight line vesting in between. The targets for the ROE and relative TSR measures are as set out on page 76 of the Annual Report and Accounts 2018.

ENQUIRIES

   Stewart Hamilton (Company Secretary)          +44 (0) 161 242 5861 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                                                             Lee Rochford 
    -------------------------------------------------------------------------------  ----------------------------- 
2   Reason for the notification 
    -------------------------------------------------------------------------------------------------------------- 
a)  Position/status                                                                  Group Chief Executive 
                                                                                      Officer 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  ----------------------------- 
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 of the financial instrument, type of instrument Identification code  Ordinary shares 
                                                                                      of 1p each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Nature of the transaction                                                        Grant of award 
                                                                                      under the Company's 
                                                                                      Long Term Incentive 
                                                                                      Plan. 
    -------------------------------------------------------------------------------  ----------------------------- 
c)  Price(s) and volume(s)                                                           LTIP Award Price       Volume 
                                                                                       Nil cost 
                                                                                        award      390,780 
                                                                                                  -------- 
    -------------------------------------------------------------------------------  ----------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------------- 
e)  Date of the transaction                                                          20 June 2019 
    -------------------------------------------------------------------------------  ----------------------------- 
f)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  ----------------------------- 
 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                                                             Paul Cooper 
    -------------------------------------------------------------------------------  ----------------------------- 
2   Reason for the notification 
    -------------------------------------------------------------------------------------------------------------- 
a)  Position/status                                                                  Group Chief Financial 
                                                                                      Officer 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  ----------------------------- 
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 of the financial instrument, type of instrument Identification code  Ordinary shares 
                                                                                      of 1p each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Nature of the transaction                                                        Grant of award under 
                                                                                      the Company's Long 
                                                                                      Term Incentive Plan. 
    -------------------------------------------------------------------------------  ----------------------------- 
c)  Price(s) and volume(s)                                                           LTIP Award Price       Volume 
                                                                                       Nil cost 
                                                                                        award      237,259 
                                                                                                  -------- 
    -------------------------------------------------------------------------------  ----------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------------- 
e)  Date of the transaction                                                          20 June 2019 
    -------------------------------------------------------------------------------  ----------------------------- 
f)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  ----------------------------- 
 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                                                             Tracy French 
    -------------------------------------------------------------------------------  ----------------------------- 
2   Reason for the notification 
    -------------------------------------------------------------------------------------------------------------- 
a)  Position/status                                                                  Group HR Director 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  ----------------------------- 
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 of the financial instrument, type of instrument Identification code  Ordinary shares 
                                                                                      of 1p each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  ----------------------------- 
B   Nature of the transaction                                                        Grant of award 
                                                                                      under the Company's 
                                                                                      Long Term Incentive 
 )                                                                                    Plan. 
    -------------------------------------------------------------------------------  ----------------------------- 
c)  Price(s) and volume(s)                                                           LTIP Award Price       Volume 
                                                                                       Nil cost 
                                                                                        award      95,337 
                                                                                                  ------- 
    -------------------------------------------------------------------------------  ----------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------------- 
e)  Date of the transaction                                                          20 June 2019 
    -------------------------------------------------------------------------------  ----------------------------- 
f)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  ----------------------------- 
 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                                                             Stewart Hamilton 
    -------------------------------------------------------------------------------  ----------------------------- 
2   Reason for the notification 
    -------------------------------------------------------------------------------------------------------------- 
a)  Position/status                                                                  General Counsel 
                                                                                      and Company Secretary 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  ----------------------------- 
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 of the financial instrument, type of instrument Identification code  Ordinary shares 
                                                                                      of 1p each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  ----------------------------- 
b)  Nature of the transaction                                                        Grant of award under 
                                                                                      the Company's Long 
                                                                                      Term Incentive Plan. 
    -------------------------------------------------------------------------------  ----------------------------- 
c)  Price(s) and volume(s)                                                           LTIP Award Price       Volume 
                                                                                       Nil cost 
                                                                                        award      86,670 
                                                                                                  ------- 
    -------------------------------------------------------------------------------  ----------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------------- 
e)  Date of the transaction                                                          20 June 2019 
    -------------------------------------------------------------------------------  ----------------------------- 
f)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  ----------------------------- 
 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                      Dave Sutherland 
    ----------------------------------------  ----------------------------- 
2   Reason for the notification 
    ----------------------------------------------------------------------- 
a)  Position/status                           Group Chief Operating 
                                               Officer 
    ----------------------------------------  ----------------------------- 
b)  Initial notification/ Amendment            Initial notification 
    ----------------------------------------  ----------------------------- 
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 of the financial instrument,  Ordinary shares 
     type of instrument Identification code    of 1p each 
                                               ISIN: GB00BDGTXM47 
    ----------------------------------------  ----------------------------- 
b)  Nature of the transaction                 Grant of awards 
                                               under the Company's 
                                               Long Term Incentive 
                                               Plan. 
    ----------------------------------------  ----------------------------- 
c)  Price(s) and volume(s)                    LTIP Award Price       Volume 
                                                Nil cost 
                                                 award      122,746 
                                                           -------- 
    ----------------------------------------  ----------------------------- 
d)  Aggregated information                    N/A 
     - Aggregated volume 
     - Price 
    ----------------------------------------  ----------------------------- 
e)  Date of the transaction                   20 June 2019 
    ----------------------------------------  ----------------------------- 
f)  Place of the transaction                  Outside a trading 
                                               venue 
    ----------------------------------------  ----------------------------- 
 

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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June 21, 2019 02:00 ET (06:00 GMT)

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