25 November
2024
DSW CAPITAL PLC
("DSW Capital", "DSW" or the
"Company")
(AIM:DSW)
Grant of awards under the Company's
Performance Share Plan ("PSP")
DSW announces the award of 179,551 nil cost
options, pursuant to the Company's PSP, on 22 November 2024 (the
"PSP Awards"). Shru Morris, CEO Designate, has been granted 179,551
of the PSP Awards.
All defined terms used in this announcement
have the meanings set out in the Company's Admission Document dated
13 December 2021, which also contains full details of the Company's
Performance Share Plan and is available on the Company's
website: https://dswcapital.com/.
Enquiries:
|
DSW
Capital
James Dow, CEO
Shru Morris, CEO Designate
Pete Fendall, Chief Finance and Operating
Officer
|
Tel: +44 (0) 1928 378
100
|
|
Shore Capital
(Nominated Adviser & Broker)
James Thomas / Mark Percy / Rachel Goldstein
(Corporate Advisory)
Guy Wiehahn / Isobel Jones (Corporate
Broking)
|
Tel: +44 (0)20 7408
4090
|
|
Rawlings
Financial PR Limited
Cat Valentine
|
dswcapital@rfpr.co.uk
Tel: +44 (0) 7715 769
078
|
About DSW
Capital
DSW Capital, owner of the Dow Schofield Watts
and DR Solicitors brands, is a profitable, mid-market, challenger
professional services network with a cash generative business model
and scalable platform for growth. Originally established in 2002,
by three KPMG alumni, Dow Schofield Watts is one of the first
platform models disrupting the traditional model of accounting
professional services firms. DSW Capital operates licensing
arrangements with its businesses and has over 130 fee earners
across 12 offices in the UK. These businesses trade primarily under
the Dow Schofield Watts and DR Solicitors brands.
DSW Capital's vision is for our brands to
become the most sought-after destinations for ambitious,
entrepreneurial professionals to start and develop their own
businesses. Through a licensing model, DSW Capital gives
professionals the autonomy and flexibility to fulfil their
potential.
Being part of the DSW Capital group brings
support benefits in recruitment, funding and infrastructure. DSW
Capital's challenger model attracts experienced, senior
professionals, predominantly with a "Big 4" accounting firm or
"Magic Circle" legal background, who want to launch their own
businesses and recognise the value of DSW Capital's brands and the
synergies which come from being part of the network.
DSW Capital aims to scale its agile model
through organic growth, geographical expansion, additional service
lines and acquisitions. The Directors are targeting high margin,
complementary, niche service lines with a strong synergistic fit
with the existing network.
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)
|
Names
|
Shrutisha ("Shru") Morris
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Director, CEO Designate
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
|
a)
|
Name
|
DSW Capital plc
|
|
b)
|
LEI
|
213800KKIQCIJTGH23
|
|
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
|
Ordinary Shares of 0.25p each
|
|
b)
|
Identification code
|
GB00BNG9H550
|
|
c)
|
Nature of the transaction
|
Grant of nil cost options under PSP
Awards
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
nil
|
179,551
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a
n/a
|
|
e)
|
Date of the transaction
|
22 November 2024
|
|
f)
|
Place of the transaction
|
Off-market
|
|
|
|
|
