Arrow Global Group PLC Director/PDMR Shareholding

March 29th 2018
Arrow Global Group PLC Director/PDMR Shareholding

TIDMARW

RNS Number : 4620J

Arrow Global Group PLC

29 March 2018

29 March 2018

Arrow Global Group PLC (the "Company")

Director/PDMR Shareholding

Notification of Transactions of a Director and Persons Discharging Managerial Responsibility under the Arrow Global Share Incentive Plan ("SIP")

The Company announces that on 28 March 2018 it was notified by Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the following persons discharging managerial responsibility were allocated, on 28 March 2018, under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at GBP3.45 per share) and Matching Shares, held through the SIP Trustee, as set out below:

Person 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                   44                            44                            200,562 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Zachary Lewy                   44                            44                            2,654,257 (d) 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Stewart Hamilton               44                            44                            133,771 
-----------------------------  ----------------------------  ----------------------------  --------------------------- 
 Tracy French                   44                            44                            3,746 
-----------------------------  ----------------------------  ----------------------------  ---------------------------

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.

This announcement is made in accordance with Article 19.3 of the EU Market Abuse Regulation.

ENQUIRIES

Stewart Hamilton (Company Secretary)          +44 (0) 161 242 1724 
 
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 - GBP3.45 
                                                                                      Volume - 44 
    -------------------------------------------------------------------------------  ------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ------------------------- 
e)  Date of the transaction                                                          28 March 2018 
    -------------------------------------------------------------------------------  ------------------------- 
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 under the SIP, 
                                                                                      held through the SIP 
                                                                                      Trustee. 
    -------------------------------------------------------------------------------  ----------------------- 
c)  Price(s) and volume(s)                                                           Price - zero

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March 29, 2018 09:40 ET (13:40 GMT)

Volume - 44 
    -------------------------------------------------------------------------------  ----------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------- 
e)  Date of the transaction                                                          28 March 2018 
    -------------------------------------------------------------------------------  ----------------------- 
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 - GBP3.45 
                                                                                      Volume - 44 
    -------------------------------------------------------------------------------  ------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ------------------------- 
e)  Date of the transaction                                                          28 March 2018 
    -------------------------------------------------------------------------------  ------------------------- 
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 - 44 
    -------------------------------------------------------------------------------  ----------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------- 
e)  Date of the transaction                                                          28 March 2018 
    -------------------------------------------------------------------------------  ----------------------- 
f)  Place of the transaction                                                         Outside a trading 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

(MORE TO FOLLOW) Dow Jones Newswires

March 29, 2018 09:40 ET (13:40 GMT)

---------  ---------------------------------------------------------------------------------------------------------- 
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 - GBP3.45 
                                                                                             Volume - 44 
---------  -------------------------------------------------------------------------------  ------------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  ------------------------- 
e)         Date of the transaction                                                          28 March 2018 
---------  -------------------------------------------------------------------------------  ------------------------- 
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 - 44 
---------  -------------------------------------------------------------------------------  ----------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  ----------------------- 
e)         Date of the transaction                                                          28 March 2018 
---------  -------------------------------------------------------------------------------  ----------------------- 
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 
---------  ---------------------------------------------------------------------------------------------------------- 
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 
---------  -------------------------------------------------------------------------------  -------------------------

(MORE TO FOLLOW) Dow Jones Newswires

March 29, 2018 09:40 ET (13:40 GMT)

b)         Nature of the transaction                                                        Allocation of Partnership 
                                                                                             Shares under the SIP, 
                                                                                             held through the SIP 
                                                                                             Trustee. 
---------  -------------------------------------------------------------------------------  ------------------------- 
c)         Price(s) and volume(s)                                                           Price - GBP3.45 
                                                                                             Volume - 44 
---------  -------------------------------------------------------------------------------  ------------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  ------------------------- 
e)         Date of the transaction                                                          28 March 2018 
---------  -------------------------------------------------------------------------------  ------------------------- 
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 - 44 
---------  -------------------------------------------------------------------------------  ----------------------- 
d)         Aggregated information                                                           N/A 
            - Aggregated volume 
            - Price 
---------  -------------------------------------------------------------------------------  ----------------------- 
e)         Date of the transaction                                                          28 March 2018 
---------  -------------------------------------------------------------------------------  ----------------------- 
f)         Place of the transaction                                                         Outside a trading venue 
---------  -------------------------------------------------------------------------------  -----------------------

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