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Dowlais Group PLC Director's Dealing 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 6528P
Dowlais Group PLC
23 May 2024
23 May 2024
Dowlais Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 22 May 2024, Dowlais Group plc (the "Company") made awards over Ordinary shares of 1 pence each under the 2024 Omnibus Share Plan ("OSP") to its Executive Directors as follows:
| Name | Role | Number of Shares |
| Liam Butterworth | Chief Executive Officer | 3,437,598 |
| Roberto Fioroni | Chief Financial Officer | 1,622,273 |
The above awards were granted as conditional share awards which are subject to criteria relating to the Company's performance over a performance period ending on 31 December 2026. Vested shares will be subject to a two-year holding period.
The notifications below have been made in accordance with the requirements of The UK Market Abuse Regulation.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Liam Butterworth | |
| 2. | Reason for the notification | ||
| (a) | Position / status | Chief Executive Officer (Person Discharging Managerial Responsibilities) | |
| (b) | Initial notification / amendment | Initial Notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction | ||
| (a) | Name | Dowlais Group plc | |
| (b) | LEI | 213800XM8WOFLY6VPC92 | |
| 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 Identification code |
Dowlais Group plc ordinary shares of 1 pence each GB00BMWRZ071 |
|
| (b) | Nature of the transaction | Grant of a conditional share award under the Dowlais Group plc OSP | |
| (c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| NIL | 3,437,598 | ||
| (d) | Aggregated information Aggregated volume Price |
3,437,598 N/A |
|
| (e) | Date of the transaction | 22 May 2024 | |
| (f) | Place of the transaction | Outside of a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Roberto Fioroni | |
| 2. | Reason for the notification | ||
| (a) | Position / status | Chief Financial Officer (Person Discharging Managerial Responsibilities) | |
| (b) | Initial notification / amendment | Initial Notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction | ||
| (a) | Name | Dowlais Group plc | |
| (b) | LEI | 213800XM8WOFLY6VPC92 | |
| 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 Identification code |
Dowlais Group plc ordinary shares of 1 pence each GB00BMWRZ071 |
|
| (b) | Nature of the transaction | Grant of a conditional share award under the Dowlais Group plc OSP | |
| (c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| NIL | 1,622,273 | ||
| (d) | Aggregated information Aggregated volume Price |
1,622,273 N/A |
|
| (e) | Date of the transaction | 22 May 2024 | |
| (f) | Place of the transaction | Outside of a trading venue |
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