SHEARWATER GROUP PLC

Director's Dealing • Feb 19, 2025

National Storage Mechanism | Additional information

RNS Number : 7497X

Shearwater Group PLC

19 February 2025

19 February 2025

Shearwater Group PLC

("Shearwater", or the "Group")

Director dealing

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, announces that on 18 February 2025 Philip Higgins, Chief Executive Officer, effected a  transfer of an aggregate of 114,284 ordinary shares of 10 pence each in the Company ("Ordinary Shares") from his personal account to  ISA accounts controlled by himself (57,142 Ordinary Share purchase) and his wife, Mrs Lauren Higgins (57,142 Ordinary Share purchase).

The disposal element of the transfer took place at a price of 35.0p per share and the new shares were acquired at a price of 35.025p per share.

Following these transactions,  Mr Higgins beneficially interest remains unchanged at  2,649,349 Ordinary Shares, representing approximately 11.1 per cent of the issued ordinary share capital of the Company.

The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.

Enquiries:

Shearwater Group plc David Williams, Chairman Phil Higgins, CEO Jonathan Hall, CFO	www.shearwatergroup.com c/o Alma
Cavendish Capital Markets Limited - NOMAD and Broker Adrian Hadden / Ben Jeynes / Elysia Brough - Corporate Finance Henry Nicol / Dale Bellis / Michael Johnson - Sales	+44 (0) 20 7220 0500
Alma Strategic Communications Justine James / Joe Pederzolli / Emma Thompson	shearwater@almastrategic.com +44 (0) 20 3405 0205

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Higgins

2

Reason for the notification

a)

Position/status 

Chief Executive Officer

b)

Initial notification /Amendment 

Initial notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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 10 pence each

GB00BKT6VH21

b)

Nature of the transaction

Disposal of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
35.0 pence	114,284

d)

Aggregated information

- Aggregated volume

- Price 

N/A

e)

Date of the transaction

18 February 2025

f)

Place of the transaction

London Stock Exchange, AIM 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Higgins

2

Reason for the notification

a)

Position/status 

Chief Executive Officer

b)

Initial notification /Amendment 

Initial notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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 10 pence each

GB00BKT6VH21

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
35.025 pence	57,142

d)

Aggregated information

- Aggregated volume

- Price 

N/A

e)

Date of the transaction

18 February 2025

f)

Place of the transaction

London Stock Exchange, AIM 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lauren Higgins

2

Reason for the notification

a)

Position/status 

Person closely associated to Phil Higgins, CEO

b)

Initial notification /Amendment 

Initial notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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 10 pence each

GB00BKT6VH21

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
35.025 pence	57,142

d)

Aggregated information

- Aggregated volume

- Price 

N/A

e)

Date of the transaction

18 February 2025

f)

Place of the transaction

London Stock Exchange, AIM 

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