REG - IWG Plc Regus PLC - Director/PDMR Transaction

International WorkplaceAnnouncement

29/05/2024 07:00

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RNS Number : 1707Q  IWG PLC  29 May 2024

 

 

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)                       Price(s) GBP   Volume(s)

                                                      1.9582         35,000,000

 

 d)      Aggregated information                       Total number of shares 35,000,000

         ·      Aggregated volume

         ·      Price                                 Weighted average price GBP 1.9582

 e)      Date of the transaction                             2024-05-28
 f)      Place of the transaction                     Exchanges:  OUTSIDE A TRADING VENUE

 

 

 

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

 

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