30 June 2023
National World plc
(the "Company")
Director / PDMR Shareholding
As previously announced, under the terms of the Company's Value Creation Plan, on 4 May 2023 Mark Hollinhead, Chief Commercial Officer and a person discharging managerial responsibilities, exercised options over 3,799,009 ordinary shares of 0.1p each ("Ordinary Shares") at an exercise price of 0.1p per Ordinary Share ("VCP Option Shares").
The Company announces that following the allotment of the VCP Option Shares, Mark Hollinshead sold 1,085,638 VCP Option Shares at a price of 20.0p per VCP Option Share, in part to cover the related costs and associated taxes with the exercise of the VCP Option Shares.
Following the above exercise and sale, Mark Hollinshead now has a total beneficial interest in 3,471,278 Ordinary Shares, equivalent to approximately 1.30 per cent. of the Company's issued share capital.
For further information, please contact:
National World plc
Douglas Easton
c/o Montfort Communications
Montfort Communications
Olly Scott
+44 (0)78 1234 5205
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mark Hollinshead | ||||
| 2 | Reason for notification | |||||
| a) | Position / status | Chief Commercial Officer and PDMR | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | National World plc | ||||
| b) | LEI | 213800NL4ICLKYSYU749 | ||||
| 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: GB00BJN5J635 | ||||
| b) | Nature of the transaction | Sale of VCP Option Shares in part to cover exercise costs and associated taxes
| ||||
| c) | Price(s) and volumes(s) |
| ||||
| d) | Aggregated information | n/a | ||||
| e) | Date of the transaction | 11 May 2023 | ||||
| f) | Place of the transaction | XLON | ||||
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