Dowlais Group PLC Director/PDMR Shareholding
22 Mars 2024 - 10:16AM
RNS Regulatory News
RNS Number : 9687H
Dowlais Group PLC
22 March 2024
22 March 2024
Dowlais Group
plc
(the
"Company")
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
The Company announces that on
21 March 2024, ordinary shares of 1p each in the Company ("Shares")
were purchased by Liam Butterworth, CEO of the Company and Roberto
Fioroni, CFO of the Company (each Persons Discharging Managerial
Responsibilities ("PDMRs")), as listed below.
Director
|
No.
of Shares
|
Liam Butterworth
|
314,899
|
Roberto Fioroni
|
167,179
|
The Shares were purchased as part of
the Company's annual bonus arrangements for the 2023 financial
year. Each PDMR converted a portion of their net annual bonus into
Shares.
Neither PDMR may ordinarily sell,
transfer, assign or dispose of the Shares for a period of two
years.
These notifications 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
|
Acquisition of shares pursuant to the Company's
annual bonus arrangements for the 2023 financial year
|
(c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0.811771
|
314,899
|
|
(d)
|
Aggregated information
Aggregated volume
Price
|
314,899 shares
£0.811771 per share
|
(e)
|
Date of the transaction
|
21 March
2024
|
(f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
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
|
Acquisition of shares pursuant to the Company's
annual bonus arrangements for the 2023 financial year
|
(c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0.811771
|
167,179
|
|
(d)
|
Aggregated information
Aggregated volume
Price
|
167,179 shares
£0.811771 per share
|
(e)
|
Date of the transaction
|
21 March
2024
|
(f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
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