Dar Global PLC Director/ PDMR Transaction
24 July 2024 - 4:05PM
RNS Regulatory News
RNS Number : 6194X
Dar Global PLC
24 July 2024
24 July 2024
DAR GLOBAL PLC (THE
"COMPANY")
Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMR") and Connected Persons
Dar Global PLC announces that it was today
notified that on 24 July 2024 Dar Al Arkan Real Estate Development
Company PJSC, a person closely associated with Yousef Al Shelash,
Vice Chairman and Non-Executive Director of Dar Global PLC, pledged
security over the indirectly
controlled ordinary shares held in the
capital of the Company in favour of Emirates NBD and other consortium
partners.
There is no change in Dar Al Arkan Real Estate
Development Company PJSC beneficial shareholding in the
Company.
|
1.
|
Details of PDMR / person closely
associated
|
|
a)
|
Name
|
Dar Al Arkan Real Estate Development Company
PJSC
|
|
2.
|
Reason for the
notification
|
|
a)
|
Position / status
|
Person closely associated with Yousef Al
Shelash, Vice Chairman and Non-Executive Director of Dar Global
PLC
|
|
b)
|
Initial notification / amendment
|
Initial
Notification
|
|
3.
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Dar Global PLC
|
|
b)
|
LEI
|
213800XRFXQ1KEWACW80
|
|
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
|
Ordinary shares of USD 0.01
each
ISIN: GB00BQXNJY41
|
|
b)
|
Nature of the transaction
|
Pledging of shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
N/A
|
158,000,000
|
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
158,000,000 ordinary
shares
N/A
|
|
e)
|
Date of the transaction
|
24 July 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading
venue
|
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END
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