Harworth Group plc (the "Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them under the Harworth 2019 Share Incentive Plan ("SIP")
The Company announces that on 15 June 2022, "Partnership Shares" were acquired and "Matching Shares" were awarded under the SIP to eligible employees, including the individuals noted below.
As referred to in the 2021 Directors' Remuneration Report, in 2022 the Company has for the first time offered employees the ability to purchase ordinary shares in the Company under the SIP (Partnership Shares) on a monthly basis. Additional "Matching Shares" are then awarded to participating employees for free. Partnership Shares will be acquired and Matching Shares will be awarded on a monthly basis.
The SIP is a tax advantaged all employee share plan that was approved by shareholders in 2019. Provided the Matching Shares are not withdrawn from the SIP within 5 years from the award date, they may be acquired free of income tax or National Insurance contributions.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||
| (a) | Name | 1) Lynda Shillaw 2) Katerina Patmore 3) Andrew Blackshaw 4) Jonathan Haigh 5) Chris Birch 6) Chris Davidson 7) Ed Catchpole 8) David Cockroft 9) Steven Knowles 10) Tim Love 11) Peter Henry 12) Haroon Akram 13) Douglas Maudsley | ||||||||||||||||||||||||||||
| 2. | Reason for the notification | |||||||||||||||||||||||||||||
| (a) | Position/status | 1) Chief Executive 2) Chief Financial Officer 3) Chief Operating Officer (PDMR) 4) Chief Investment Officer (PDMR) 5) General Counsel and Company Secretary (PDMR) 6) Regional Director, Yorkshire and Central (PDMR) 7) Regional Director, Yorkshire and Central (PDMR) 8) Regional Director, Midlands (PDMR) 9) Regional Director, North West (PDMR) 10) Strategic Land Director (PDMR) 11) Director of Sustainability (PDMR) 12) Director of Strategy, Investment and Business Development (PDMR) 13) Director of Finance (PDMR) | ||||||||||||||||||||||||||||
| (a) | 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(a). | 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 | Acquisition of Partnership Shares pursuant to the Harworth 2019 Share Incentive Plan | ||||||||||||||||||||||||||||
| (c) | Price(s) and volume (s)
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| (d) | Aggregated information - - Aggregated volume - Price | N/A
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| (e) | Date of the transaction | 15 June 2022 | ||||||||||||||||||||||||||||
| (f) | Place of the transaction | London Stock Exchange | ||||||||||||||||||||||||||||
| 4(b). | 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 | Award of Matching Shares pursuant to the Harworth 2019 Share Incentive Plan | ||||||||||||||||||||||||||||
| (c) | Price(s) and volume (s)
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| (d) | Aggregated information - - Aggregated volume - Price |
N/A | ||||||||||||||||||||||||||||
| (e) | Date of the transaction | 15 June 2022 | ||||||||||||||||||||||||||||
| (f) | Place of the transaction | Outside a trading venue | ||||||||||||||||||||||||||||
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