IWG PLC Director/PDMR Transaction
March 20 2024 - 12:00PM
RNS Regulatory News
RNS Number : 6060H
IWG PLC
20 March 2024
IWG plc (the
"Company")
Director/PDMR
Transaction
20 March 2024
1
|
Details of PDMR / person closely associated
|
a)
|
Name
|
Charles Steel
|
2
|
Reason for the notification
|
a)
|
Position / status
|
CFO
|
b)
|
Initial notification /
Amendment
|
Initial notification
|
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 of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 1p
ISIN: JE00BYVQYS01
|
b)
|
Nature of the transaction
|
|
30,555 share awards were granted
under the IWG Performance 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 measured over a three-year period ended 31
December 2026. Awards will be subject to a holding
period of two years following achievement of performance
conditions and will normally become
exercisable 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) and volume(s)
|
Price(s)
|
Volume(s)
|
GBP 0.00
|
30,555
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
30,555
GBP 0.00
|
e)
|
Date of the transaction
|
19 March 2024
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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END
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