IWG PLC Director/PDMR Shareholding (0413H)

TIDMIWG TIDMTTM

RNS Number : 0413H

IWG PLC

07 March 2018

IWG plc (the "Company")

Director/PDMR Transaction

7 March 2018

 
 1    Details of PDMR / person closely associated 
---  ------------------------------------------------------------------------------------------- 
 a)   Name                            Mark Dixon 
---  ------------------------------  ----------------------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------------------- 
 a)   Position                        CEO 
       / status 
---  ------------------------------  ----------------------------------------------------------- 
 b)   Initial notification            Initial notification 
       / Amendment 
---  ------------------------------  ----------------------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------------------------------------- 
 a)   Name                            IWG plc 
---  ------------------------------  ----------------------------------------------------------- 
 b)   LEI                             2138003LWDII27UTAG52 
---  ------------------------------  ----------------------------------------------------------- 
 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 1p 
       of the financial 
       instrument, 
       type of instrument 
       Identification                  ISIN: JE00BYVQYS01 
       code 
---  ------------------------------  ----------------------------------------------------------- 
 b)   Nature of                         Share awards granted under the IWG Performance 
       the transaction                    Share Plan. No consideration was paid for the 
                                          grant of the awards which are structured as nominal 
                                          cost options. The vesting of an award is subject 
                                          to the satisfaction of performance conditions 
                                          set by the Remuneration Committee of the Company. 
                                          The awards will normally vest on the fifth anniversary 
                                          of the grant of the awards, and will then normally 
                                          remain exercisable until the day before the tenth 
                                          anniversary of the date of grant provided the 
                                          individual remains an employee or officer of the 
                                          group. 
---  ------------------------------  ----------------------------------------------------------- 
 c)   Price(s)                         Price(s)    Volume(s) 
       and volume(s)                   ----------  ---------- 
                                        GBP 0.00    680,412 
                                       ----------  ---------- 
---  ------------------------------  ----------------------------------------------------------- 
 d)        Aggregated 
            information 
             *    Aggregated volume 
                                       680,412 
 
             *    Price 
                                       GBP 0.00 
---  ------------------------------  ----------------------------------------------------------- 
 e)   Date of the                     7 March 2018 
       transaction 
---  ------------------------------  ----------------------------------------------------------- 
 f)   Place of                        Outside a trading venue 
       the transaction 
---  ------------------------------  ----------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 07, 2018 12:34 ET (17:34 GMT)