Source - LSE Regulatory
RNS Number : 7637L
Harworth Group PLC
14 September 2021
 

14 September 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 14 September 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)          Andrew Blackshaw

2)          Jonathan Haigh

2.               

Reason for the notification

(a)             

Position/status

1)          Chief Operating Officer (PDMR)

2)          Chief Investment Officer (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)

 

 

 

 

 

Price(s)

Volume(s)

1)  N/A

51,430

2)  N/A

51,430

(d)

Aggregated information

- Aggregated volume

- Price

As stated above.

(e)

Date of the transaction

14 September 2021

(f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFLEASISLIL
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.