2 May 2023
Dowlais Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
On 2 May 2023, Dowlais Group plc (the "Company") made awards over Ordinary shares of 1 pence each under the 2023 Performance Share Plan ("PSP") to its Executive Directors as follows:
Name |
Role |
Number of Shares |
Liam Butterworth |
Chief Executive Officer |
2,119,576 |
Roberto Fioroni |
Chief Financial Officer |
1,000,249 |
The above awards were granted as conditional share awards which are subject to criteria relating to the Company's performance over a performance period ending on 31 December 2025. Vested shares will be subject to a two-year holding period.
The notifications below have been made in accordance with the requirements of The UK Market Abuse Regulation.
1. |
|
||
(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 |
Grant of a conditional share award under the Dowlais Group plc Performance Share Plan |
|
(c) |
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
NIL |
2,119,576 |
||
|
|||
(d) |
Aggregated information Aggregated volume Price |
2,119,576 N/A |
|
(e) |
Date of the transaction |
2 May 2023 |
|
(f) |
Place of the transaction |
Outside of a trading venue |
1. |
|
||
(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 |
Grant of a conditional share award under the Dowlais Group plc Performance Share Plan |
|
(c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
NIL |
1,000,249 |
||
|
|||
(d) |
Aggregated information Aggregated volume Price |
1,000,249 N/A |
|
(e) |
Date of the transaction |
2 May 2023 |
|
(f) |
Place of the transaction |
Outside of a trading venue |
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