WATCHES OF SWITZERLAND GROUP PLC (the 'Company')
DIRECTOR/PDMR SHAREHOLDING
The Company announces that it has awarded on 4 September 2025, nil cost options to its Executive Directors under the Company's 2019 Long Term Incentive Plan (the 'Awards').
These awards will be subject to performance conditions, to be determined by the Remuneration Committee, (in accordance with the Company's shareholder-approved Directors' Remuneration Policy) as soon as any information on US tariffs, and any potential impact, is available.
Once these performance conditions have been determined, they will be communicated as appropriate.
The following information is given in accordance with Article 19 of the UK Market Abuse Regulation and is made on behalf of Brian Duffy a PDMR, in the Watches of Switzerland Group PLC.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Brian Duffy | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Executive Officer | |||
| b)
| Initial notification /Amendment
| Initial | |||
| 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 | Ordinary Shares of £0.0125 each | |||
| | | ||||
| Identification code | GB00BJDQQ870 | ||||
| | | ||||
| b)
| Nature of the transaction
| An award of nil cost options, granted under the Company's 2019 Long Term incentive Plan. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £nil | 295,683 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 295,683 | ||||
| | | ||||
| - Price | £nil | ||||
| | | ||||
| e)
| Date of the transaction
| 4 September 2025 | |||
| f)
| Place of the transaction | XLON | |||
The following information is given in accordance with Article 19 of the UK Market Abuse Regulation and is made on behalf of Anders Romberg a PDMR, in the Watches of Switzerland Group PLC.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Anders Romberg | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Financial Officer | |||
| b)
| Initial notification /Amendment
| Initial | |||
| 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 | Ordinary Shares of £0.0125 each | |||
| | | ||||
| Identification code | GB00BJDQQ870 | ||||
| | | ||||
| b)
| Nature of the transaction
| An award of nil cost options, granted under the Company's 2019 Long Term incentive Plan. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £nil | 196,629 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 196,629 | ||||
| | | ||||
| - Price | £nil | ||||
| | | ||||
| e)
| Date of the transaction | 4 September 2025 | |||
| f)
| Place of the transaction | XLON | |||
Enquiries:
Laura Battley Lucy Legh / Rob Walker / Joanna Clark
Company Secretary and General Counsel Headland
T: 0207 317 4600 T: 0203 805 4822
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