SHEARWATER GROUP PLC — Director's Dealing 2022

Oct 5, 2022

National Storage Mechanism | Additional information

RNS Number : 7850B

Shearwater Group PLC

05 October 2022

5 October 2022

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, announces that on 3 October 2022 VJM Investments Limited, a company in which the Company's Chief Executive Officer, Phil Higgins, has a beneficial interest, purchased 25,000 ordinary shares of 10 pence in the capital of the Company ("Ordinary Shares") at a price of 92 pence per share.

Following this purchase, Mr Higgins is beneficially interested in 2,241,850 Ordinary Shares, representing approximately 9.4 per cent of the issued ordinary share capital of the Company, and the aggregate interest in Ordinary Shares of the Higgins family increases by 25,000 Ordinary Shares.

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

Enquiries:

Shearwater Group plc David Williams, Chairman Phil Higgins, CEO	www.shearwatergroup.com c/o Alma PR
Cenkos Securities plc - NOMAD and Joint Broker Ben Jeynes / Max Gould - Corporate Finance Alex Pollen / George Budd - Sales	+44 (0) 20 7397 8900
Berenberg - Joint Broker   Matthew Armitt / Mark Whitmore	+44 (0) 20 3207 7800
Alma PR Justine James / 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

VJM Investments Limited

2

Reason for the notification

a)

Position/status

Person closely associated with 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)
92 pence	25,000

d)

Aggregated information

- Aggregated volume

- Price

25,000

92.0p

e)

Date of the transaction

3 October 2022

f)

Place of the transaction

London Stock Exchange, AIM

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