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RNS Number : 7717A NWF Group PLC 16 August 2024
NWF Group plc
NWF Group plc: Issue of Equity and Director / PDMR Shareholding
NWF Group plc ("NWF", the "Company" or the "Group"), the specialist
distributor operating in UK markets today announces that it has issued and
allotted 10,969 ordinary shares of 25 pence in the Company ("Ordinary Shares")
in respect of a share award to Katie Shortland, Chief Financial Officer (the
"Share Award").
In connection with Katie's appointment as a director of the Company, it had
been agreed that she would be compensated for certain contractual arrangements
forfeited from her previous employer, part satisfied through an issue of new
Ordinary Shares.
Following the Share Award, Katie Shortland will be interested in 229,789
Ordinary Shares.
Application has been made to London Stock Exchange for the 10,969 new Ordinary
Shares to be admitted to trading on AIM ("Admission"). The new Ordinary
Shares will rank pari passu with the Company's existing Ordinary Shares, and
it is expected that Admission will become effective, and that dealings will
commence in the new Ordinary Shares at 08.00 a.m. on 21 August 2024.
Total Voting Rights
In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR
5.6.1) the Company notifies that following Admission, its issued share capital
will consist of 49,450,350 Ordinary Shares. There are no Ordinary Shares held
in treasury. Shareholders may therefore use this figure as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
For further information, please visit www.nwf.co.uk
(https://protect.checkpoint.com/v2/___http:/www.nwf.co.uk___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo0MGZhNTY3MDAwNGU5N2QzYzM1MGY0MzI3N2JiZjM5Mjo2OjEyZGI6MGMwMmI5OWE0ODhmMDc2ZDU3M2YyNjFkZTg5ZTI5MjBhYmU5MWU4NTc0OGYzNDAyOTM1YTYxNmQ0YTIyYzViMjpwOkY6Tg)
or contact:
Tom Harland, Group Company Secretary Reg Hoare/Catherine Chapman/ Mike Bell/Ed Allsopp
Clementina Esman
NWF Group plc MHP Peel Hunt LLP
(Nominated Adviser and Broker)
Tel: 01829 260 260 Tel: 020 3128 8339 Tel: 020 7418 8900
The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Katie Shortland
2. Reason for the notification
a. Position/status Chief Financial Officer
b. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name NW F Group plc
b. LEI 213800ARRZNN1W VZ9M70
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
Identification code
Ordinary Shares
GB0006523608
b. Nature of the transaction
Share Award
c. Price(s) and volume(s)
Price(s) Volume(s)
0p 10,969
d. Aggregated information
• Aggregated volume n/a
• Price
e. Date of the transaction 16 August 2024
f. Place of the transaction Outside of a trading venue
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