Dowlais Group PLC Director/PDMR Shareholding (1365Y)

TIDMDWL

RNS Number : 1365Y

Dowlais Group PLC

02 May 2023

2 May 2023

Dowlais Group plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

On 2 May 2023, Dowlais Group plc (the "Company") made awards over Ordinary shares of 1 pence each under the 2023 Performance Share Plan ("PSP") to its Executive Directors as follows:

 
 Name                Role               Number of Shares 
                     Chief Executive 
 Liam Butterworth     Officer           2,119,576 
                    -----------------  ----------------- 
                     Chief Financial 
 Roberto Fioroni      Officer           1,000,249 
                    -----------------  ----------------- 
 

The above awards were granted as conditional share awards which are subject to criteria relating to the Company's performance over a performance period ending on 31 December 2025. Vested shares will be subject to a two-year holding period.

The notifications below have been made in accordance with the requirements of The UK Market Abuse Regulation.

 
 1. 
         Details of the person discharging managerial responsibilities/person closely associated 
 (a)    Name                                  Liam Butterworth 
       ------------------------------------  ------------------------------------------------------------------------- 
 2.     Reason for the notification 
       --------------------------------------------------------------------------------------------------------------- 
 (a)    Position / status                     Chief Executive Officer (Person Discharging Managerial Responsibilities) 
       ------------------------------------  ------------------------------------------------------------------------- 
 (b)    Initial notification / amendment      Initial Notification 
       ------------------------------------  ------------------------------------------------------------------------- 
 3.     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
         or auction 
       --------------------------------------------------------------------------------------------------------------- 
 (a)    Name                                  Dowlais Group plc 
       ------------------------------------  ------------------------------------------------------------------------- 
 (b)    LEI                                   213800XM8WOFLY6VPC92 
       ------------------------------------  ------------------------------------------------------------------------- 
 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          Dowlais Group plc ordinary shares of 1 pence each 
        instrument 
        Identification code 
                                               GB00BMWRZ071 
       ------------------------------------  ------------------------------------------------------------------------- 
 (b)    Nature of the transaction             Grant of a conditional share award under the Dowlais Group plc 
                                              Performance Share Plan 
       ------------------------------------  ------------------------------------------------------------------------- 
 (c)    Price(s) and volume(s)                Price(s)                              Volume(s) 
       ------------------------------------  ------------------------------------  ----------------------------------- 
   NIL                                                                              2,119,576 
  -------------------------------------------------------------------------------  ----------------------------------- 
 
 (d)    Aggregated information 
         Aggregated volume                      2,119,576 
         Price                                  N/A 
       ------------------------------------  ------------------------------------------------------------------------- 
 (e)    Date of the transaction               2 May 2023 
       ------------------------------------  ------------------------------------------------------------------------- 
 (f)    Place of the transaction              Outside of a trading venue 
       ------------------------------------  ------------------------------------------------------------------------- 
 
 
 1. 
         Details of the person discharging managerial responsibilities/person closely associated 
 (a)    Name                                  Roberto Fioroni 
       ------------------------------------  ------------------------------------------------------------------------- 
 2.     Reason for the notification 
       --------------------------------------------------------------------------------------------------------------- 
 (a)    Position / status                     Chief Financial Officer (Person Discharging Managerial Responsibilities) 
       ------------------------------------  ------------------------------------------------------------------------- 
 (b)    Initial notification / amendment      Initial Notification 
       ------------------------------------  ------------------------------------------------------------------------- 
 3.     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
         or auction 
       --------------------------------------------------------------------------------------------------------------- 
 (a)    Name                                  Dowlais Group plc 
       ------------------------------------  ------------------------------------------------------------------------- 
 (b)    LEI                                   213800XM8WOFLY6VPC92 
       ------------------------------------  ------------------------------------------------------------------------- 
 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          Dowlais Group plc ordinary shares of 1 pence each 
        instrument 
        Identification code 
                                               GB00BMWRZ071 
       ------------------------------------  ------------------------------------------------------------------------- 
 (b)    Nature of the transaction             Grant of a conditional share award under the Dowlais Group plc 
                                              Performance Share Plan 
       ------------------------------------  ------------------------------------------------------------------------- 
 (c)    Price(s) and volume(s)                Price(s)                              Volume(s) 
       ------------------------------------  ------------------------------------  ----------------------------------- 
   NIL                                                                              1,000,249 
  -------------------------------------------------------------------------------  ----------------------------------- 
 
 (d)    Aggregated information 
         Aggregated volume                      1,000,249 
         Price                                  N/A 
       ------------------------------------  ------------------------------------------------------------------------- 
 (e)    Date of the transaction               2 May 2023 
       ------------------------------------  ------------------------------------------------------------------------- 
 (f)    Place of the transaction              Outside of a trading venue 
       ------------------------------------  ------------------------------------------------------------------------- 
 

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May 02, 2023 07:29 ET (11:29 GMT)