7 April 2021 LEI: 213800R8JSSGK2KPFG21
Harworth Group plc
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Harworth 2019 Restricted Share Plan ("RSP")
The Company announces that on 6 April 2021 awards under the rules of the RSP (structured as nil-cost options) were granted to the individuals noted below. The RSP awards vest on a phased basis over a period of five years commencing with the Company's 2021 financial year, with one third of the RSP awards vesting following the end of the 2023, 2024 and 2025 financial years, and vested shares being subject to a holding period so that no shares can be sold until the end of the five-year period. The RSP awards are subject to performance underpins described in the Company's Directors' Remuneration Report in its annual report and financial statements for the year ended 31 December 2020.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||
| (a) | Name | 1) Lynda Shillaw 2) Katerina Patmore 3) Ian Ball 4) Chris Birch 5) Peter Henry 6) Steven Knowles 7) David Cockroft 8) Tim Love 9) Richard Bousfield | ||||||||||||||||||||
| 2. | Reason for the notification | |||||||||||||||||||||
| (a) | Position/status | 1) Chief Executive 2) Chief Financial Officer 3) Chief Operating Officer (PDMR) 4) General Counsel and Company Secretary (PDMR) 5) Regional Director, Yorkshire and Central (PDMR) 6) Regional Director, North West (PDMR) 7) Regional Director, Midlands (PDMR) 8) Director, Central Services (PDMR) 9) Head of Income (PDMR) | ||||||||||||||||||||
| (b) | Initial notification/ Amendment | Initial Notification | ||||||||||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||
| (a) | Name | Harworth Group plc | ||||||||||||||||||||
| (b) | LEI | 213800R8JSSGK2KPFG21 | ||||||||||||||||||||
| 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 | Ordinary shares of 10 pence each | ||||||||||||||||||||
| | Identification code | ISIN: GB00BYZJ7G42 | ||||||||||||||||||||
| (b) | Nature of the transaction | Grant of an option with an exercise price of zero (nil cost option) under the Harworth 2019 Restricted Share Plan | ||||||||||||||||||||
| (c) | Price(s) and volume (s)
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| (d) | Aggregated information - Aggregated volume - Price | As stated above. | ||||||||||||||||||||
| (e) | Date of the transaction | 6 April 2021 | ||||||||||||||||||||
| (f) | Place of the transaction | Outside a trading venue | ||||||||||||||||||||
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