Director/PDMR Shareholding

Dowlais Group PLC
22 March 2024
 

22 March 2024  

Dowlais Group plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities  

The Company announces that on 21 March 2024, ordinary shares of 1p each in the Company ("Shares") were purchased by Liam Butterworth, CEO of the Company and Roberto Fioroni, CFO of the Company (each Persons Discharging Managerial Responsibilities ("PDMRs")), as listed below.

Director

No. of Shares

Liam Butterworth

314,899

Roberto Fioroni

167,179

 

The Shares were purchased as part of the Company's annual bonus arrangements for the 2023 financial year. Each PDMR converted a portion of their net annual bonus into Shares.

Neither PDMR may ordinarily sell, transfer, assign or dispose of the Shares for a period of two years. 

These notifications have been made in accordance with the requirements of The UK Market Abuse Regulation.

1.


Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Liam Butterworth

 

2.

Reason for the notification

(a)

Position / status

Chief Executive Officer (Person Discharging Managerial Responsibilities)

 

(b)

Initial notification / amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction

(a)

Name

Dowlais Group plc

(b)

LEI

213800XM8WOFLY6VPC92

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

Identification code

Dowlais Group plc ordinary shares of 1 pence each

 

 

GB00BMWRZ071

(b)

Nature of the transaction

Acquisition of shares pursuant to the Company's annual bonus arrangements for the 2023 financial year

(c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£0.811771

314,899


(d)

Aggregated information

Aggregated volume

Price

 

314,899 shares

£0.811771 per share

(e)

Date of the transaction

21 March 2024

(f)

Place of the transaction

London Stock Exchange (XLON)

 

1.


Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Roberto Fioroni

 

2.

Reason for the notification

(a)

Position / status

Chief Financial Officer (Person Discharging Managerial Responsibilities)

 

(b)

Initial notification / amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction

(a)

Name

Dowlais Group plc

(b)

LEI

213800XM8WOFLY6VPC92

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

Identification code

Dowlais Group plc ordinary shares of 1 pence each

 

 

GB00BMWRZ071

(b)

Nature of the transaction

Acquisition of shares pursuant to the Company's annual bonus arrangements for the 2023 financial year

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.811771

167,179


(d)

Aggregated information

Aggregated volume

Price

 

167,179 shares

£0.811771 per share

(e)

Date of the transaction

21 March 2024

(f)

Place of the transaction

London Stock Exchange (XLON)

 

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END
 
 
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