Director/PDMR Shareholding

RNS Number : 3952Y
IWG PLC
02 March 2017
 

IWG plc (the "Company")

Director/PDMR Transaction

2 March 2017

1

Details of PDMR / person closely associated

a)

Name

Mark Dixon

2

Reason for the notification

a)

Position / status

CEO

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

IWG plc

b)

LEI

2138003LWDII27UTAG52

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

Identification code

Ordinary shares


ISIN: JE00BYVQYS01

b)

Nature of the transaction

Share awards granted under the IWG Performance Share Plan 2016.  No consideration was paid for the grant of the awards which are structured as nominal cost options.  The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest on the fifth anniversary of the grant of the awards, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the group.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.00

583,039

 

 

d)

Aggregated information

-      Aggregated volume

-      Price




583,039


GBP 0.00

e)

Date of the transaction

2017-03-01

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Companies

IWG (IWG)
UK 100

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