International Workplace Group plc (the "Company")
Director/ PDMR Transaction
International Workplace Group plc announces that it was today notified that on 28th May 2024 Estorn Limited, a person closely associated with Mark Dixon, Chief Executive Officer of International Workplace Group plc, disposed of 35,000,000 ordinary shares held in the capital of the Company. The proceeds of this disposal will be used to unwind pledge and lending arrangements entered into by Estorn Limited with Deutsche Bank Luxembourg S.A..
As a result of this transaction Mark Dixon has an interest and voting rights in 254,795,598 ordinary shares representing approximately 25.2% of the total number of voting rights in the Company.
| 1. | Details of PDMR / person closely associated with them ("PCA") | |||||||||
| a) | Name | Estorn Limited | ||||||||
| b) | Position / status | Person closely associated with Mark Dixon, CEO (100% owned company) | ||||||||
| c) | Initial notification / amendment | Initial notification | ||||||||
| 2. | 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 | Ordinary shares of International Workplace Group plc | ||||||||
| b) | Nature of the transaction | Sale of ordinary shares | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information · Aggregated volume · Price | Total number of shares 35,000,000
Weighted average price GBP 1.9582
| ||||||||
| e) | Date of the transaction | 2024-05-28 | ||||||||
| f) | Place of the transaction | Exchanges: OUTSIDE A TRADING VENUE | ||||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
