Arrow Global Group PLC Director/PDMR Shareholding

May 1st 2018
Arrow Global Group PLC Director/PDMR Shareholding

TIDMARW

RNS Number : 7644M

Arrow Global Group PLC

01 May 2018

1 May 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 30 April 2018 it was notified by Equiniti Share Plan Trustees Limited (the "SIP Trustee") that the following persons discharging managerial responsibility were allocated, on 30 April 2018, under the SIP, Partnership Shares (purchased out of participating employees' gross salaries at GBP3.71 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                   40                            40                            243,847(d) 
                               ----------------------------  ----------------------------  --------------------------- 
 Zachary Lewy                   40                            40                            2,654,337 (d) 
                               ----------------------------  ----------------------------  --------------------------- 
 Stewart Hamilton               40                            40                            133,851 
                               ----------------------------  ----------------------------  --------------------------- 
 Tracy French                   40                            40                            3,826 
                               ----------------------------  ----------------------------  ---------------------------

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/or 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 - GBP3.71 
                                                                                      Volume - 40 
    -------------------------------------------------------------------------------  -------------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  -------------------------------- 
e)  Date of the transaction                                                          30 April 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 
                                                                                      Volume - 40 
    -------------------------------------------------------------------------------  ----------------------------- 
d)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  ----------------------------- 
e)  Date of the transaction                                                          30 April 2018 
    -------------------------------------------------------------------------------  -----------------------------

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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      Ordinary shares of 1p each 
    code                                                                             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 - GBP3.71 
                                                                                     Volume - 40 
    ------------------------------------------------------------------------------  ---------------------------------- 
d)  Aggregated information                                                          N/A 
     - Aggregated volume 
     - Price 
    ------------------------------------------------------------------------------  ---------------------------------- 
e)  Date of the transaction                                                         30 April 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      Ordinary shares of 1p each 
    code                                                                             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 - 40 
    ------------------------------------------------------------------------------  ---------------------------------- 
d)  Aggregated information                                                          N/A 
     - Aggregated volume 
     - Price 
    ------------------------------------------------------------------------------  ---------------------------------- 
e)  Date of the transaction                                                         30 April 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 
           ----------------------------------------------------------------------------------------------------------- 
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      Ordinary shares of 1p each 
           code                                                                             ISIN: GB00BDGTXM47 
           ------------------------------------------------------------------------------  ---------------------------

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May 01, 2018 08:05 ET (12:05 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 - GBP3.71 
                                                                                            Volume - 40 
           ------------------------------------------------------------------------------  --------------------------- 
d)         Aggregated information                                                          N/A 
            - Aggregated volume 
            - Price 
           ------------------------------------------------------------------------------  --------------------------- 
e)         Date of the transaction                                                         30 April 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    Ordinary shares of 1p each 
           code                                                                           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 - 40 
           ----------------------------------------------------------------------------  ----------------------------- 
d)         Aggregated information                                                        N/A 
            - Aggregated volume 
            - Price 
           ----------------------------------------------------------------------------  ----------------------------- 
e)         Date of the transaction                                                       30 April 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      Ordinary shares of 1p each 
           code                                                                             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 - GBP3.71 
                                                                                            Volume - 40 
           ------------------------------------------------------------------------------  --------------------------- 
d)         Aggregated information                                                          N/A 
            - Aggregated volume 
            - Price 
           ------------------------------------------------------------------------------  --------------------------- 
e)         Date of the transaction                                                         30 April 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

(MORE TO FOLLOW) Dow Jones Newswires

May 01, 2018 08:05 ET (12:05 GMT)

----------------------------------------------------------------------------  ----------------------------- 
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    Ordinary shares of 1p each 
           code                                                                           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 - 40 
           ----------------------------------------------------------------------------  ----------------------------- 
d)         Aggregated information                                                        N/A 
            - Aggregated volume 
            - Price 
           ----------------------------------------------------------------------------  ----------------------------- 
e)         Date of the transaction                                                       30 April 2018 
           ----------------------------------------------------------------------------  ----------------------------- 
f)         Place of the transaction                                                      Outside a trading venue 
           ----------------------------------------------------------------------------  -----------------------------

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