Director/PDMR Shareholding

Dowlais Group PLC

23 May 2024

 

23 May 2024    

Dowlais Group plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them  

On 22 May 2024, Dowlais Group plc (the "Company") made awards over Ordinary shares of 1 pence each under the 2024 Omnibus Share Plan ("OSP") to its Executive Directors as follows:

Name	Role	Number of Shares
Liam Butterworth	Chief Executive Officer	3,437,598
Roberto Fioroni	Chief Financial Officer	1,622,273

The above awards were granted as conditional share awards which are subject to criteria relating to the Company's performance over a performance period ending on 31 December 2026. Vested shares will be subject to a two-year holding period.

The notifications below 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	Grant of a conditional share award under the Dowlais Group plc OSP
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NIL	3,437,598
(d)	Aggregated information Aggregated volume Price	3,437,598 N/A
(e)	Date of the transaction	22 May 2024
(f)	Place of the transaction	Outside of a trading venue

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	Grant of a conditional share award under the Dowlais Group plc OSP
(c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NIL	1,622,273
(d)	Aggregated information Aggregated volume Price	1,622,273 N/A
(e)	Date of the transaction	22 May 2024
(f)	Place of the transaction	Outside of a trading venue

 

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