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NWF GROUP PLC Share Issue/Capital Change 2022
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Share Issue/Capital Change
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National Storage Mechanism | Additional information 
RNS Number : 4686V
NWF Group PLC
10 August 2022
10 August 2022
NWF Group plc
NWF Group plc: Issue of Equity under Company Performance Share Plan
NWF Group plc ("NWF" or the "Company"), the specialist distributor of fuel, food and feed across the UK, announces it has issued 273,800 ordinary shares of 25 pence each ("Ordinary Shares") pursuant to awards previously made under the NWF Company Performance Share Plan (the "Plan"), following the satisfaction of certain performance conditions.
The table below sets out the allocation of the awards, together with the resulting holdings of the PDMRs following Admission:
| Director / PDMR | Number of awards | Resulting interest in Ordinary Shares | Resulting percentage of Ordinary Shares |
| Richard Whiting | 92,667 | 505,122 | 1.02% |
| Chris Belsham | 55,678 | 162,845 | 0.33% |
| Rob Andrew | 41,774 | 179,293 | 0.36% |
| Richard Huxley | 43,138 | 63,636 | 0.13% |
| Andrew Downie | 40,543 | 85,481 | 0.17% |
Issue of equity and total voting rights
Application has been made for the 273,800 new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to take place at 8.00 a.m. on 11 August 2022.
In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6.1) the Company notifies that following Admission, its issued share capital will consist of 49,407,963 Ordinary Shares. There are no Ordinary Shares held in treasury. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
| Rob Andrew | Reg Hoare/Catherine Chapman | Mike Bell/Ed Allsopp |
| Group Company Secretary | MHP Communications | Peel Hunt LLP |
| NWF Group plc | Tel: 020 3128 8339 | (Nominated Adviser) |
| Tel: 01829 260 260 | Tel: 020 7418 8900 |
The below notification made in accordance with the requirements of the EU Market Abuse Regulation provides further detail:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Whiting
2
Reason for the notification
a)
Position/status
Chief Executive
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
NWF Group plc
b)
LEI
213800ARRZNN1WVZ9M70
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
Shares in NWF Group plc
Identification code
GB0006523608
b)
Nature of the transaction
Issue of shares under the Company's Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| Nil | 92,667 |
d)
Aggregated information
- Aggregated volume
n/a
- Price
- Total
e)
Date of the transaction
6 August 2022
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Chris Belsham
2
Reason for the notification
a)
Position/status
Group Finance Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
NWF Group plc
b)
LEI
213800ARRZNN1WVZ9M70
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
Shares in NWF Group plc
Identification code
GB0006523608
b)
Nature of the transaction
Issue of shares under the Company's Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| Nil | 55,678 |
d)
Aggregated information
- Aggregated volume
n/a
- Price
- Total
e)
Date of the transaction
6 August 2022
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Rob Andrew
2
Reason for the notification
a)
Position/status
Group Company Secretary
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
NWF Group plc
b)
LEI
213800ARRZNN1WVZ9M70
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
Shares in NWF Group plc
Identification code
GB0006523608
b)
Nature of the transaction
Issue of shares under the Company's Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| Nil | 41,774 |
d)
Aggregated information
- Aggregated volume
n/a
- Price
- Total
e)
Date of the transaction
6 August 2022
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Huxley
2
Reason for the notification
a)
Position/status
Managing Director Fuels
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
NWF Group plc
b)
LEI
213800ARRZNN1WVZ9M70
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
Shares in NWF Group plc
Identification code
GB0006523608
b)
Nature of the transaction
Issue of shares under the Company's Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| Nil | 43,138 |
d)
Aggregated information
- Aggregated volume
n/a
- Price
- Total
e)
Date of the transaction
6 August 2022
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Downie
2
Reason for the notification
a)
Position/status
Managing Director Feeds
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
NWF Group plc
b)
LEI
213800ARRZNN1WVZ9M70
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
Shares in NWF Group plc
Identification code
GB0006523608
b)
Nature of the transaction
Issue of shares under the Company's Performance Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| Nil | 40,543 |
d)
Aggregated information
- Aggregated volume
n/a
- Price
- Total
e)
Date of the transaction
6 August 2022
f)
Place of the transaction
Outside of a trading venue
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