SHEARWATER GROUP PLC — Director's Dealing 2021

Aug 9, 2021

National Storage Mechanism | Additional information

RNS Number : 0682I

Shearwater Group PLC

09 August 2021

9 August 2021

SHEARWATER GROUP PLC

("Shearwater", or the "Company")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG), the organisational resilience group, announces that it has received notification that on 9 August 2021 Phil Higgins, Group Chief Executive Officer of the Company, transferred 65,000 ordinary shares of 10p in the Company ("Ordinary Shares") previously held in his own name into ISAs held by Mr. Higgins and his family members. This transfer was facilitated by way of a sale by Mr. Higgins of 65,000 Ordinary Shares at a price of 153.0 pence per Ordinary Share and subsequent repurchases of an aggregate of 65,000 Ordinary Shares in five equal amounts by ISAs held by Mr. Higgins, his wife and his three adult children at a price of 153.05 pence per Ordinary Share.

Following these transactions, Mr. Higgins' is beneficially interested in 2,197,350 Ordinary Shares, representing approximately 9.2% per cent. of the issued ordinary share capital of the Company, and the aggregate interest in Ordinary Shares of the Higgins family remains unchanged.

Enquiries:

Shearwater Group plc David Williams Phil Higgins	www.shearwatergroup.com c/o Alma PR
Cenkos Securities plc - NOMAD and Joint Broker Ben Jeynes / Max Gould - Corporate Finance Julian Morse / Michael Johnson - Sales	+44 (0) 20 7397 8900
Berenberg - Joint Broker         Matthew Armitt / Mark Whitmore	+44 (0) 20 3207 7800
Alma PR Susie Hudson / Caroline Forde / Joe Pederzolli	shearwater@almapr.co.uk   +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

Phil Higgins

2

Reason for the notification

a)

Position/status

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

Sale of shares and purchase of shares made through ISA

c)

Price(s) and volume(s)

	Share Sale	Share Purchase
Volume	65,000	13,000
Price	153.0 pence	153.05 pence

d)

Aggregated information

- Aggregated volume

- Price

Single transactions

e)

Date of the transaction

9 August 2021

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lauren Higgins, Johnathan Higgins, Madison Higgins

2

Reason for the notification

a)

Position/status

Persons Closely Associate with the 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 shares made through ISA

c)

Price(s) and volume(s)

Person Closely Associated	Price	Volume
Lauren Higgins	153.05 pence	13,000
Johnathan Higgins	153.05 pence	13,000
Madison Higgins	153.05 pence	13,000

d)

Aggregated information

- Aggregated volume

- Price

See above

e)

Date of the transaction

9 August 2021

f)

Place of the transaction

London Stock Exchange, AIM

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