Arrow Global Group PLC Director/PDMR Shareholding

October 2nd 2017
Arrow Global Group PLC Director/PDMR Shareholding

TIDMARW

RNS Number : 4249S

Arrow Global Group PLC

02 October 2017

2 October 2017

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility 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 29 September 2017 it was notified by Capita IRG Trustees Limited (the "SIP Trustee") that the following persons discharging managerial responsibility were allocated, on 28 September 2017, under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at GBP4.214 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) 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Lee Rochford                   36                            36                            175,284 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Zachary Lewy                   36                            36                            3,794,522 (d) 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Stewart Hamilton               36                            36                            133,303 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Tracy French                   36                            36                            3,278 
-----------------------------  ----------------------------  ----------------------------  ---------------------------

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)           Excludes unvested LTIP awards of nil cost options. 
   (d)           Includes awards under the Deferred Share Bonus Plan and restricted share awards. 
   (e)           Includes shares held by Persons Closely Associated. 
 
1   Details of the person discharging managerial 
     responsibilities/person closely associated 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Lee Rochford 
    -------------------------------------------------------------------------------  --------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------ 
a)  Position/status                                                                  Group Chief 
                                                                                      Executive Officer 
    -------------------------------------------------------------------------------  --------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  --------------------- 
3   Details of the issuer 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Arrow Global 
                                                                                      Group Plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         213800CUJ6YMLEO33C88 
    -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  --------------------- 
b)  Nature of the transaction                                                        Allocation of 
                                                                                      Partnership 
                                                                                      Shares under 
                                                                                      the SIP, held 
                                                                                      through the 
                                                                                      SIP Trustee. 
    -------------------------------------------------------------------------------  --------------------- 
c)  Price(s) and volume(s)                                                           Price - GBP4.214 
                                                                                      Volume - 36 
    -------------------------------------------------------------------------------  --------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
e)  Date of the transaction                                                          28 September 
                                                                                      2017 
    -------------------------------------------------------------------------------  --------------------- 
f)  Place of the transaction                                                         London Stock 
                                                                                      Exchange 
    -------------------------------------------------------------------------------  --------------------- 
 
 
1   Details of the person discharging managerial 
     responsibilities/person closely associated 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Lee Rochford 
    -------------------------------------------------------------------------------  --------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------ 
a)  Position/status                                                                  Group Chief 
                                                                                      Executive Officer 
    -------------------------------------------------------------------------------  --------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  --------------------- 
3   Details of the issuer 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Arrow Global 
                                                                                      Group Plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         213800CUJ6YMLEO33C88 
    -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  --------------------- 
b)  Nature of the transaction                                                        Allocation of 
                                                                                      Matching Shares

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under the SIP, 
                                                                                      held through 
                                                                                      the SIP Trustee. 
    -------------------------------------------------------------------------------  --------------------- 
c)  Price(s) and volume(s)                                                           Price - zero 
                                                                                      Volume - 36 
    -------------------------------------------------------------------------------  --------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
e)  Date of the transaction                                                          28 September 
                                                                                      2017 
    -------------------------------------------------------------------------------  --------------------- 
f)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  --------------------- 
 
 
1   Details of the person discharging managerial 
     responsibilities/person closely associated 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Zachary Lewy 
    -------------------------------------------------------------------------------  --------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------ 
a)  Position/status                                                                  Founder and 
                                                                                      Group Chief 
                                                                                      Investment Officer 
    -------------------------------------------------------------------------------  --------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  --------------------- 
3   Details of the issuer 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Arrow Global 
                                                                                      Group Plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         213800CUJ6YMLEO33C88 
    -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  --------------------- 
b)  Nature of the transaction                                                        Allocation of 
                                                                                      Partnership 
                                                                                      Shares under 
                                                                                      the SIP, held 
                                                                                      through the 
                                                                                      SIP Trustee. 
    -------------------------------------------------------------------------------  --------------------- 
c)  Price(s) and volume(s)                                                           Price - GBP4.214 
                                                                                      Volume - 36 
    -------------------------------------------------------------------------------  --------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
e)  Date of the transaction                                                          28 September 
                                                                                      2017 
    -------------------------------------------------------------------------------  --------------------- 
f)  Place of the transaction                                                         London Stock 
                                                                                      Exchange 
    -------------------------------------------------------------------------------  --------------------- 
 
 
1   Details of the person discharging managerial 
     responsibilities/person closely associated 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Zachary Lewy 
    -------------------------------------------------------------------------------  --------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------ 
a)  Position/status                                                                  Founder and 
                                                                                      Group Chief 
                                                                                      Investment Officer 
    -------------------------------------------------------------------------------  --------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  --------------------- 
3   Details of the issuer 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             Arrow Global 
                                                                                      Group Plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         213800CUJ6YMLEO33C88 
    -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                      ISIN: GB00BDGTXM47 
    -------------------------------------------------------------------------------  --------------------- 
b)  Nature of the transaction                                                        Allocation of 
                                                                                      Matching Shares 
                                                                                      under the SIP, 
                                                                                      held through 
                                                                                      the SIP Trustee. 
    -------------------------------------------------------------------------------  --------------------- 
c)  Price(s) and volume(s)                                                           Price - zero 
                                                                                      Volume - 36 
    -------------------------------------------------------------------------------  --------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
e)  Date of the transaction                                                          28 September 
                                                                                      2017 
    -------------------------------------------------------------------------------  --------------------- 
f)  Place of the transaction                                                         Outside a trading

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venue 
    -------------------------------------------------------------------------------  --------------------- 
 
 
        1  Details of the person discharging managerial 
            responsibilities/person closely associated 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Stewart Hamilton 
---------  -------------------------------------------------------------------------------  --------------------- 
2          Reason for the notification 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Position/status                                                                  Group General 
                                                                                             Counsel and 
                                                                                             Company Secretary 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Initial notification/ Amendment                                                   Initial notification 
---------  -------------------------------------------------------------------------------  --------------------- 
3          Details of the issuer 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Arrow Global 
                                                                                             Group Plc 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         LEI code                                                                         213800CUJ6YMLEO33C88 
---------  -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                             ISIN: GB00BDGTXM47 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Nature of the transaction                                                        Allocation of 
                                                                                             Partnership 
                                                                                             Shares under 
                                                                                             the SIP, held 
                                                                                             through the 
                                                                                             SIP Trustee. 
---------  -------------------------------------------------------------------------------  --------------------- 
c)         Price(s) and volume(s)                                                           Price - GBP4.214 
                                                                                             Volume - 36 
---------  -------------------------------------------------------------------------------  --------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  --------------------- 
e)         Date of the transaction                                                          28 September 
                                                                                             2017 
---------  -------------------------------------------------------------------------------  --------------------- 
f)         Place of the transaction                                                         London Stock 
                                                                                             Exchange 
---------  -------------------------------------------------------------------------------  --------------------- 
 
 
        1  Details of the person discharging managerial 
            responsibilities/person closely associated 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Stewart Hamilton 
---------  -------------------------------------------------------------------------------  --------------------- 
2          Reason for the notification 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Position/status                                                                  Group General 
                                                                                             Counsel and 
                                                                                             Company Secretary 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Initial notification/ Amendment                                                   Initial notification 
---------  -------------------------------------------------------------------------------  --------------------- 
3          Details of the issuer 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Arrow Global 
                                                                                             Group Plc 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         LEI code                                                                         213800CUJ6YMLEO33C88 
---------  -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                             ISIN: GB00BDGTXM47 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Nature of the transaction                                                        Allocation of 
                                                                                             Matching Shares 
                                                                                             under the SIP, 
                                                                                             held through 
                                                                                             the SIP Trustee. 
---------  -------------------------------------------------------------------------------  --------------------- 
c)         Price(s) and volume(s)                                                           Price - zero 
                                                                                             Volume - 36 
---------  -------------------------------------------------------------------------------  --------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  --------------------- 
e)         Date of the transaction                                                          28 September 
                                                                                             2017 
---------  -------------------------------------------------------------------------------  --------------------- 
f)         Place of the transaction                                                         Outside a trading 
                                                                                             venue 
---------  -------------------------------------------------------------------------------  --------------------- 
 
 
        1  Details of the person discharging managerial 
            responsibilities/person closely associated 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Tracy French 
---------  -------------------------------------------------------------------------------  --------------------- 
2          Reason for the notification

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October 02, 2017 06:52 ET (10:52 GMT)

---------  ------------------------------------------------------------------------------------------------------ 
a)         Position/status                                                                  Group HR Director 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Initial notification/ Amendment                                                   Initial notification 
---------  -------------------------------------------------------------------------------  --------------------- 
3          Details of the issuer 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Arrow Global 
                                                                                             Group Plc 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         LEI code                                                                         213800CUJ6YMLEO33C88 
---------  -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                             ISIN: GB00BDGTXM47 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Nature of the transaction                                                        Allocation of 
                                                                                             Partnership 
                                                                                             Shares under 
                                                                                             the SIP, held 
                                                                                             through the 
                                                                                             SIP Trustee. 
---------  -------------------------------------------------------------------------------  --------------------- 
c)         Price(s) and volume(s)                                                           Price - GBP4.214 
                                                                                             Volume - 36 
---------  -------------------------------------------------------------------------------  --------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  --------------------- 
e)         Date of the transaction                                                          28 September 
                                                                                             2017 
---------  -------------------------------------------------------------------------------  --------------------- 
f)         Place of the transaction                                                         London Stock 
                                                                                             Exchange 
---------  -------------------------------------------------------------------------------  --------------------- 
 
 
        1  Details of the person discharging managerial 
            responsibilities/person closely associated 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Tracy French 
---------  -------------------------------------------------------------------------------  --------------------- 
2          Reason for the notification 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Position/status                                                                  Group HR Director 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Initial notification/ Amendment                                                   Initial notification 
---------  -------------------------------------------------------------------------------  --------------------- 
3          Details of the issuer 
---------  ------------------------------------------------------------------------------------------------------ 
a)         Name                                                                             Arrow Global 
                                                                                             Group Plc 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         LEI code                                                                         213800CUJ6YMLEO33C88 
---------  -------------------------------------------------------------------------------  --------------------- 
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 each 
                                                                                             ISIN: GB00BDGTXM47 
---------  -------------------------------------------------------------------------------  --------------------- 
b)         Nature of the transaction                                                        Allocation of 
                                                                                             Matching Shares 
                                                                                             under the SIP, 
                                                                                             held through 
                                                                                             the SIP Trustee. 
---------  -------------------------------------------------------------------------------  --------------------- 
c)         Price(s) and volume(s)                                                           Price - zero 
                                                                                             Volume - 36 
---------  -------------------------------------------------------------------------------  --------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  --------------------- 
e)         Date of the transaction                                                          28 September 
                                                                                             2017 
---------  -------------------------------------------------------------------------------  --------------------- 
f)         Place of the transaction                                                         Outside a trading 
                                                                                             venue 
---------  -------------------------------------------------------------------------------  ---------------------

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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