Director's Dealing • Jul 24, 2024
Director's Dealing
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RNS Number : 6194X
Dar Global PLC
24 July 2024
24 July 2024
DAR GLOBAL PLC (THE "COMPANY")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Connected Persons
Dar Global PLC announces that it was today notified that on 24 July 2024 Dar Al Arkan Real Estate Development Company PJSC, a person closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC, pledged security over the indirectly controlled ordinary shares held in the capital of the Company in favour of Emirates NBD and other consortium partners .
There is no change in Dar Al Arkan Real Estate Development Company PJSC beneficial shareholding in the Company.
1.
Details of PDMR / person closely associated
a)
Name
Dar Al Arkan Real Estate Development Company PJSC
2.
Reason for the notification
a)
Position / status
Person closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC
b)
Initial notification / amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Dar Global PLC
b)
LEI
213800XRFXQ1KEWACW80
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
Ordinary shares of USD 0.01 each
ISIN : GB00BQXNJY41
b)
Nature of the transaction
Pledging of shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| N/A | 158,000,000 |
d)
Aggregated information
Aggregated volume
Price
158,000,000 ordinary shares
N/A
e)
Date of the transaction
24 July 2024
f)
Place of the transaction
Outside of a trading venue
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