IWG PLC Director/PDMR Shareholding (0413H)
March 07 2018 - 12:34PM
UK Regulatory
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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