IWG plc (the "Company")
Director/PDMR Transaction
20 March 2024
| 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 of 1p
| ||||
| b) | Nature of the transaction | 60,764 share awards were granted under the IWG Performance Share Plan. 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 measured over a three-year period ended 31 December 2026. Awards will be subject to a holding period of two years following achievement of performance conditions and will normally become exercisable 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) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
60,764
GBP 0.00 | ||||
| e) | Date of the transaction | 19 March 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.