Arrow Global Group PLC Director/PDMR Shareholding

TIDMARW

RNS Number : 6534V

Arrow Global Group PLC

31 January 2017

31 January 2017

Arrow Global Group PLC (the 'Company')

Director/PDMR Shareholding

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and Persons Closely Associated under the Arrow Global Group Share Incentive Plan ('SIP')

In accordance with Article 19.3 of the Market Abuse Regulation, Arrow Global Group Plc announces that on 31 January 2017, it was notified by Capita IRG Trustees Limited (the 'SIP Trustee'), that the following persons discharging managerial responsibility were allocated on 30 January 2017 under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at GBP3.116 per share) and Matching Shares, held through the SIP Trustee, as set out below: 


PERSONS DISCHARGING            Partnership Shares acquired   Matching Shares acquired      Aggregate Shares held 
 MANAGERIAL RESPONSIBILITY      under the SIP (a)             under SIP (b)                 Beneficially (across all 
                                                                                            accounts following 
                                                                                            notification) (c) (e) 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Zachary Lewy                   48                            48                            3,796,254 (d) 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Stewart Hamilton               48                            48                            139,458 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Steve Greenwood                48                            48                            3,011 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Tracy French                   48                            48                            2,648 
-----------------------------  ----------------------------  ----------------------------  ---------------------------

Notes

(a) Pursuant to a regular monthly instruction, the SIP Trustee acquires Partnership Shares using the participating employees' gross salaries. The Company gives the participating employees 1 Matching Share for each Partnership Share bought on their behalf. The Matching Shares are subject to a 3 year forfeiture period.

(b) Ordinary Shares of 1 pence each are transferred by the Trustee of the Arrow Global 2016 Employee Benefit Trust to the SIP Trustee on a regular basis to satisfy Matching Share awards under the SIP to Participants. 


(c)        Excluding (i) LTIP awards of nil cost options and (ii) restricted share awards. 
   (d)        Includes awards under the Deferred Share Bonus Plan. 
   (e)        Includes shares held by Persons Closely Associated.

ENQUIRIES 


+44 (0)161 
 Arrow Global                             242 1724 
 Stewart Hamilton (Company Secretary)

This information is provided by RNS

The company news service from the London Stock Exchange

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January 31, 2017 12:17 ET (17:17 GMT)

Arrow Global Group plc published this content on 31 January 2017 and is solely responsible for the information contained herein.
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