10
July 2024
DSW CAPITAL
PLC
("DSW
Capital", "DSW" or the "Company")
(AIM:DSW)
Grant of awards under
Performance Share Plan
DSW announces the award of 555,555
nominal cost options, pursuant to the Company's Performance Share
Plan ("PSP"), on 09 July
2024 (the "PSP Awards"). James Dow, Chief Executive Officer, has
been granted 341,880 of the PSP Awards and Pete Fendall, Chief
Operational Officer, and Interim Chief Financial Officer, has been
granted 213,675 of the PSP Awards.
Full details of the Company's PSP
can be found in the Company's Admission Document dated 13 December
2021, which is available on the Company's
website: https://dswcapital.com/
For
further information please contact:
|
DSW
Capital
James Dow, CEO
Pete Fendall, COO & Interim
CFO
|
Tel: +44
(0) 1928 378 029
Tel: +44
(0) 1925 915 034
|
|
Shore Capital (Nominated Adviser &
Broker)
James Thomas/Mark Percy/Rachel
Goldstein
Guy Wiehahn / Isobel Jones
(Corporate Broking)
|
Tel: +44
(0)20 7408 4090
|
|
Belvedere Communications
Cat Valentine
Keeley Clarke
|
Tel: +44
(0) 7715 769 078
Tel: +44
(0) 7967 816 525
dsw@belvederepr.com
|
About DSW
Capital
DSW Capital, owner of the Dow
Schofield Watts brand, is a profitable, mid-market, challenger
professional services network with a cash generative business model
and scalable platform for growth. Originally established in 2002,
by three KPMG alumni, DSW is one of the first platform models
disrupting the traditional model of accounting professional
services firms. DSW operates licensing arrangements with 25
licensee businesses with 107 fee earners, eleven offices across the
UK. These trade primarily under the Dow Schofield Watts
brand.
DSW's vision is for the DSW Network
to become the most sought-after destination for ambitious,
entrepreneurial professionals to start and develop their own
businesses. Through a licensing model, DSW gives professionals the
autonomy and flexibility to fulfil their potential. Being part of
the DSW Network brings support benefits in recruitment, funding and
infrastructure. DSW's challenger model attracts experienced, senior
professionals, predominantly with a "Big 4" accounting firm
background, who want to launch their own businesses and recognise
the value of the Dow Schofield Watts brand and the synergies which
come from being part of the DSW Network.
DSW aims to scale its agile model
through organic growth, geographical expansion, additional service
lines and investing in "Break Outs" (existing teams in larger
firms). The Directors are targeting high margin, complementary,
niche service lines with a strong synergistic fit with the existing
DSW Network.
The
information below (set out in accordance with the requirements of
EU Market Abuse Regulation) provides further
detail:
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Names
|
James Dow
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director, Chief Executive
Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
DSW Capital plc
|
|
b)
|
LEI
|
213800KKIQCIJTGH23
|
|
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
|
Ordinary Shares of 0.25p
each
|
|
b)
|
Identification code
|
GB00BNG9H550
|
|
c)
|
Nature of the
transaction
|
Grant of options under PSP
Awards
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.25p
|
341,880
|
|
|
|
|
|
d)
|
Aggregated
information
- Aggregated volume
- Price
|
n/a
n/a
|
|
e)
|
Date of the
transaction
|
09 July 2024
|
|
f)
|
Place of the transaction
|
Off-market
|
|
|
|
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Names
|
Pete Fendall
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director, Chief Operating Officer
and Interim Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
DSW Capital plc
|
|
b)
|
LEI
|
213800KKIQCIJTGH23
|
|
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
|
Ordinary Shares of 0.25p
each
|
|
b)
|
Identification code
|
GB00BNG9H550
|
|
c)
|
Nature of the
transaction
|
Grant of options under PSP
Awards
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.25p
|
213,675
|
|
|
|
|
|
d)
|
Aggregated
information
- Aggregated volume
- Price
|
n/a
n/a
|
|
e)
|
Date of the
transaction
|
09 July 2024
|
|
f)
|
Place of the transaction
|
Off-market
|
|
|
|
|