TIDMHWG

RNS Number : 8134P

Harworth Group PLC

11 October 2023

11 October 2023 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 11 October 2023 awards under the rules of the RSP (structured as nil-cost options) were granted to the individual noted below. The RSP awards vest on a phased basis over a period of five years commencing with the Company's 2023 financial year, with one third of the RSP awards vesting following the end of the 2025, 2026 and 2027 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 2022.

 
 1.                 Details of the person discharging managerial responsibilities/person 
                     closely associated 
 (a)                Name                                     Andrew Pexton 
                   ----------------------------  ----------------------------------------- 
 2.                 Reason for the notification 
                   ----------------------------------------------------------------------- 
 (a)                Position/status               Regional Director, North West (PDMR) 
                   ----------------------------  ----------------------------------------- 
 (b)                Initial notification/         Initial Notification 
                     Amendment 
                   ----------------------------  ----------------------------------------- 
 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            Ordinary shares of 10 pence each 
                     financial instrument, 
                     type of instrument 
                    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             Price(s)    Volume(s) 
                     (s)                             N/A            62,617 
                                                                ---------- 
                   ----------------------------  ----------------------------------------- 
              (d)   Aggregated information        As stated above. 
                     - Aggregated volume 
                     - Price 
                   ----------------------------  ----------------------------------------- 
              (e)   Date of the transaction       11 October 2023 
                   ----------------------------  ----------------------------------------- 
              (f)   Place of the transaction      Outside a trading venue 
                   ----------------------------  -----------------------------------------

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END

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October 11, 2023 06:58 ET (10:58 GMT)

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