23 April 2024 LEI: 213800R8JSSGK2KPFG21
Harworth Group plc
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Harworth 2019 Restricted Share Plan ("RSP")
The Company announces that on 22 April 2024 awards under the rules of the RSP (structured as nil-cost options) were granted to the individuals noted below. The RSP awards vest on a phased basis over a period of five years commencing with the Company's 2024 financial year, with one third of the RSP awards vesting following the end of the 2026, 2027 and 2028 financial years, and vested shares being subject to a holding period so that no shares can be sold until the end of the five-year period. The RSP awards are subject to performance underpins described in the Company's Directors' Remuneration Report in its annual report and financial statements for the year ended 31 December 2023. Dividend equivalents will apply to the RSP awards during the holding period.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||
| (a) | Name | 1) Lynda Shillaw 2) Katerina Patmore 3) Andrew Blackshaw 4) Jonathan Haigh 5) Chris Birch 6) Chris Davidson 7) Ed Catchpole 8) David Cockroft 9) Andrew Pexton 10) Tim Love 11) Peter Henry 12) Haroon Akram 13) Douglas Maudsley 14) Stefan Morgan | ||||||||||||||||||||||||||||||
| 2. | Reason for the notification | |||||||||||||||||||||||||||||||
| (a) | Position/status | 1) Chief Executive 2) Chief Financial Officer 3) Chief Operating Officer (PDMR) 4) Chief Investment Officer (PDMR) 5) General Counsel and Company Secretary (PDMR) 6) Regional Director, Yorkshire and Central (PDMR) 7) Regional Director, Yorkshire and Central (PDMR) 8) Regional Director, Midlands (PDMR) 9) Regional Director, North West (PDMR) 10) Strategic Land Director (PDMR) 11) Director of Sustainability (PDMR) 12) Director of Strategy, Investment and Business Development (PDMR) 13) Director of Finance (PDMR) 14) Director of Technical, Engineering & Delivery (PDMR) | ||||||||||||||||||||||||||||||
| (b) | Initial notification/ Amendment | Initial Notification | ||||||||||||||||||||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||
| (a) | Name | Harworth Group plc | ||||||||||||||||||||||||||||||
| (b) | LEI | 213800R8JSSGK2KPFG21 | ||||||||||||||||||||||||||||||
| 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 | Ordinary shares of 10 pence each | ||||||||||||||||||||||||||||||
| | Identification code | ISIN: GB00BYZJ7G42 | ||||||||||||||||||||||||||||||
| (b) | Nature of the transaction | Grant of an option with an exercise price of zero (nil cost option) under the Harworth 2019 Restricted Share Plan | ||||||||||||||||||||||||||||||
| (c) | Price(s) and volume (s)
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| (d) | Aggregated information - Aggregated volume - Price | As stated above. | ||||||||||||||||||||||||||||||
| (e) | Date of the transaction | 22 April 2024 | ||||||||||||||||||||||||||||||
| (f) | Place of the transaction | Outside a trading venue | ||||||||||||||||||||||||||||||
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