Director/PDMR Shareholding

RNS Number : 0768B

Watches of Switzerland Group PLC

04 June 2019

 

Watches of Switzerland Group PLC

Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

Watches of Switzerland Group PLC (the "Company") announces the following transactions by Directors, PDMRs and persons closely associated with them, which took place on 4 June 2019 in connection with the admission of the Company's ordinary shares to trading on the London Stock Exchange.

For enquiries, contact:

Paul Eardley

Company Secretary

[phone]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Dennis Millard
2	Reason for the notification
a)	Position/status	Chairman, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	Non-executive directors' subscription for ordinary shares in the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 2.70 18,518
d)	Aggregated information - Aggregated volume - Price	-    18,518 -    GBP 49,998.60
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Brian Duffy
2	Reason for the notification
a)	Position/status	Executive Director, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	Sale of ordinary shares in the Company in connection with the IPO of the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 2.70 1,868,694
d)	Aggregated information - Aggregated volume - Price	-    1,868,694 -    GBP 5,045,473.80
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Brian Duffy
2	Reason for the notification
a)	Position/status	Executive Director, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	A nil-cost option to acquire ordinary shares in the Company from Jewel Holdco S.à r.l. in recognition of the Director's services to the Company and to ensure ongoing incentivisation, subject to the Director's continued service with the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.00 2,222,222
d)	Aggregated information - Aggregated volume - Price	-    2,222,222 -    GBP 0.00
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Anders Romberg
2	Reason for the notification
a)	Position/status	Executive Director, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	Sale of ordinary shares in the Company in connection with the IPO of the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 2.70 875,000
d)	Aggregated information - Aggregated volume - Price	-    875,000 -    GBP 2,362,500
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Teresa Colaianni
2	Reason for the notification
a)	Position/status	Non-Executive Director, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	Non-executive directors' subscription for ordinary shares in the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 2.70 11,111
d)	Aggregated information - Aggregated volume - Price	-    11,111 -    GBP 29,999.70
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rosa Monckton
2	Reason for the notification
a)	Position/status	Non-Executive Director, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	Non-executive directors' subscription for ordinary shares in the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 2.70 7,407
d)	Aggregated information - Aggregated volume - Price	-    7,407 -    GBP 19,998.90
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robert Moorhead
2	Reason for the notification
a)	Position/status	Non-Executive Director, Person Discharging Managerial Responsibilities
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Watches of Switzerland Group PLC
b)	LEI	2138008ZOT5K9PJW7168
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: GB00BJDQQ870)
b)	Nature of the transaction	Non-executive directors' subscription for ordinary shares in the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 2.70 11,111
d)	Aggregated information - Aggregated volume - Price	-    11,111 -    GBP 29,999.70
e)	Date of the transaction	2019-06-04
f)	Place of the transaction	London Stock Exchange

 

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