TIDMSWG

RNS Number : 9642W

Shearwater Group PLC

23 August 2022

23 August 2022

SHEARWATER GROUP PLC

("Shearwater" or the "Company")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) announces that on 22 August 2022 Shearwater Chief Financial Officer, Paul McFadden, purchased 5,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 120.45 pence per share.

Following this purchase, Mr. McFadden and his persons closely associated are beneficially interested in a total of 6,715 Ordinary Shares, representing 0.03% of the Company's issued ordinary share capital.

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

Enquiries:

 
 Shearwater Group plc                   www.shearwatergroup.com 
  David Williams                         c/o Alma PR 
  Phil Higgins 
  Paul McFadden 
 Cenkos Securities plc - NOMAD 
  and Joint Broker 
  Ben Jeynes / Max Gould - Corporate 
  Finance 
  Alex Pollen / Michael Johnson - 
  Sales                                 +44 (0) 20 7397 8900 
 Berenberg - Joint Broker 
  Matthew Armitt / Mark Whitmore        +44 (0) 20 3207 7800 
 Alma PR                                shearwater@almapr.co.uk 
  Susie Hudson / Justine James /         +44 (0) 20 3405 0205 
  Joe Pederzolli

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Paul McFadden 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                CFO 
     -----------------------------  ------------------------------------ 
 b)   Initial notification           Initial Notification 
       /Amendment 
     -----------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                           Shearwater Group plc 
     -----------------------------  ------------------------------------ 
 b)   LEI                            213800ZRUKUYDJLKD504 
     -----------------------------  ------------------------------------ 
 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            GB00B00T3528 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Purchase of Ordinary Shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)          Price(s)        Volume(s) 
                                       120.45 pence    5,000 
                                                      ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume             n/a 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        22 August 2022 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange, AIM 
     -----------------------------  ------------------------------------

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END

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