Watches of Switzerland Group PLC Director/PDMR Shareholding (3154G)

TIDMWOSG

RNS Number : 3154G

Watches of Switzerland Group PLC

22 July 2019

Watches of Switzerland Group PLC

Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

Watches of Switzerland Group PLC (the "Company") announces the following persons discharging managerial responsibility were granted awards under the Watches of Switzerland Group PLC 2019 Long Term Incentive Plan. The awards were granted in the form of nil cost options and vest by reference to a three- year cumulative EPS (pre-exceptionals and pre IFRS 16 adjustment) performance measure with 20% of the award vesting at a cumulative EPS of 62.11p and 100% of the award vesting at a cumulative EPS of 68.65p.Options vest on a straight line basis between those targets.

For enquiries, contact:

 
 Paul Eardley    Company Secretary    +44 207 317 4604 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Brian Duffy 
 2    Reason for the notification 
 a)   Position/status                                           Executive Director-PDMR 
 b)   Initial notification/Amendment                            Initial Notification 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
 a)   Name                                                      Watches of Switzerland Group PLC 
 b)   LEI                                                       2138008ZOT5K9PJW7168 
 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          Ordinary Shares of GBP0.0125 
      instrument 
 
      Identification code 
                                                                 ISIN: GB00BJDQQ870 
 b)   Nature of the transaction                                 Grant of nil cost options under the Watches of 
                                                                Switzerland Group PLC 2019 Long Term Incentive 
                                                                Plan 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                  Nil cost    370,370 
 d)   Aggregated information 
 
       - Aggregated volume                                             N/A 
 
       - Price                                                         N/A 
 e)   Date of the transaction                                   July 22(nd) 2019 
 f)   Place of the transaction                                  Outside a trading venue 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Anders Romberg 
 2    Reason for the notification 
 a)   Position/status                                           Executive Director-PDMR 
 b)   Initial notification/Amendment                            Initial Notification 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
 a)   Name                                                      Watches of Switzerland Group PLC 
 b)   LEI                                                       2138008ZOT5K9PJW7168 
 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          Ordinary Shares of GBP0.0125 
      instrument 
 
      Identification code 
                                                                 ISIN: GB00BJDQQ870 
 b)   Nature of the transaction                                 Grant of nil cost options under the Watches of 
                                                                Switzerland Group PLC 2019 Long Term Incentive 
                                                                Plan 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                  Nil cost    226,852 
 d)   Aggregated information 
 
       - Aggregated volume                                             N/A 
 
       - Price                                                         N/A 
 e)   Date of the transaction                                   July 22(nd) 2019 
 f)   Place of the transaction                                  Outside a trading venue

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END

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July 22, 2019 10:30 ET (14:30 GMT)

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