IWG PLC Director/PDMR Transaction
March 06 2024 - 11:00AM
RNS Regulatory News
RNS Number : 8752F
IWG PLC
06 March 2024
IWG plc (the
"Company")
Director/PDMR
Transaction
6 March 2024
|
1
|
Details of PDMR / person closely associated
|
|
a)
|
Name
|
Mark Dixon
|
|
2
|
Reason for the notification
|
|
a)
|
Position / status
|
CEO
|
|
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
|
Share awards granted as
follows:
· 1,215,278 share awards 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.
· 313,664 share awards granted under the IWG Deferred Share
Bonus Plan. No consideration was paid for the grant of the
awards which are structured as nominal cost options. The awards
will normally vest on the third 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
|
1,215,278
|
|
GBP 0.00
|
313,664
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
1,528,942
GBP 0.00
|
|
e)
|
Date of the transaction
|
6 March 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHQKABKPBKDPNK
International Workplace (LSE:IWG)
Historical Stock Chart
From Oct 2024 to Nov 2024
International Workplace (LSE:IWG)
Historical Stock Chart
From Nov 2023 to Nov 2024
