23 August 2022
SHEARWATER GROUP PLC
("Shearwater" or the "Company")
Director/PDMR Shareholding
Shearwater Group plc (AIM: SWG) announces that on 22 August 2022 Shearwater Chief Financial Officer, Paul McFadden, purchased 5,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 120.45 pence per share.
Following this purchase, Mr. McFadden and his persons closely associated are beneficially interested in a total of 6,715 Ordinary Shares, representing 0.03% of the Company's issued ordinary share capital.
The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.
Enquiries:
| Shearwater Group plc David Williams Phil Higgins Paul McFadden
| www.shearwatergroup.com c/o Alma PR |
| Cenkos Securities plc - NOMAD and Joint Broker Ben Jeynes / Max Gould - Corporate Finance Alex Pollen / Michael Johnson - Sales
| +44 (0) 20 7397 8900 |
| Berenberg - Joint Broker Matthew Armitt / Mark Whitmore
| +44 (0) 20 3207 7800 |
| Alma PR Susie Hudson / Justine James / Joe Pederzolli | shearwater@almapr.co.uk +44 (0) 20 3405 0205 |
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul McFadden | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CFO | ||||
| b) | Initial notification /Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Shearwater Group plc | ||||
| b) | LEI | 213800ZRUKUYDJLKD504 | ||||
| 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 of 10 pence each
| ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price |
n/a | ||||
| e) | Date of the transaction | 22 August 2022 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||
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