HARWORTH GROUP PLC

Director's Dealing • Sep 17, 2019

National Storage Mechanism | Additional information

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RNS Number : 6421M

Harworth Group PLC

17 September 2019

17 September 2019                                                                                                               LEI: 213800R8JSSGK2KPFG21

Harworth Group plc

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Harworth 2019 Restricted Share Plan ("RSP")

The Company announces that on 17 September 2019 awards under the rules of the RSP (structured as nil-cost options) were granted to the individuals noted below. The RSP awards vest on a phased basis over a period of five years commencing with the Company's 2019 financial year, with one third of the RSP awards vesting following the end of the 2021, 2022 and 2023 financial years, and vested shares being subject to a holding period so that no shares can be sold until the end of the five-year period. The RSP awards are subject to performance underpins described in the Company's Directors' Remuneration Report in its annual report and financial statements for the year ended 31 December 2018.

1.               

Details of the person discharging managerial responsibilities/person closely associated

(a)             

Name

1)          Owen Michaelson

2)          Ian Ball

3)          Chris Birch

4)          Jenny Cutler

5)          Peter Henry

6)          Steven Knowles

7)          David Cockroft

8)          Tim Love

2.               

Reason for the notification

(a)             

Position/status

1)          Chief Executive

2)          Chief Operating Officer (PDMR)

3)          General Counsel and Company Secretary (PDMR)

4)          Interim Finance Director (PDMR)

5)          Regional Director, Yorkshire and Central (PDMR)

6)          Regional Director, North West (PDMR)

7)          Regional Director, Midlands (PDMR)

8)          Executive Director, Central Services (PDMR)   

(b)             

Initial notification/ Amendment

Initial Notification

3.               

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)             

Name

Harworth Group plc

(b)             

LEI

213800R8JSSGK2KPFG21

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 10 pence each

Identification code

ISIN: GB00BYZJ7G42

(b)             

Nature of the transaction

Grant of an option with an exercise price of zero (nil cost option) under the Harworth 2019 Restricted Share Plan

(c)             

Price(s) and volume (s)

Price(s)	Volume(s)
1)  N/A	123,535
2)  N/A	58,593
3)  N/A	25,024
4)  N/A	7,765
5)  N/A	25,024
6)  N/A	28,320
7)  N/A	26,367
8)  N/A	26,367

(d)

Aggregated information

- Aggregated volume

- Price

As stated above.

(e)

Date of the transaction

17 September 2019

(f)

Place of the transaction

Outside a trading venue

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