IWG Plc — Director's Dealing 2020

Mar 5, 2020

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0585F

IWG PLC

05 March 2020

IWG plc (the "Company")

Director/PDMR Transaction

5 March 2020

1

Details of PDMR / person closely associated

a)

Name

Eric Hageman

2

Reason for the notification

a)

Position / status

CFO

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

IWG plc

b)

LEI

2138003LWDII27UTAG52

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 1p

ISIN: JE00BYVQYS01

b)

Nature of the transaction

Share awards granted as follows: -     306,407 share awards under the IWG Performance Share Plan.  No consideration was paid for the grant of the awards which are structured as nominal cost options.  The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest on the fifth anniversary of the grant of the awards, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the group; and -     91,923 share awards granted under the IWG Deferred Bonus Share Plan.  No consideration was paid for the grant of the awards which are structured as nominal cost options. The awards will normally vest on the third anniversary of the grant of the awards and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the group.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	306,407
GBP 0.00	91,923

d)

Aggregated information

-      Aggregated volume

-      Price

398,330

GBP 0.00

e)

Date of the transaction

4 March 2020

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHKKQBNDBKBONK