Director/PDMR Shareholding
Harworth Group plc announced on April 22, 2026, that performance-flexed restricted share plan awards were granted on April 21, 2026, to six individuals discharging managerial responsibilities, including the Chief Executive, Chief Financial Officer, Chief Operating Officer, Chief Investment Officer, General Counsel and Company Secretary, and Deputy Chief Financial Officer. These nil-cost options are subject to performance criteria over the 2026-2028 financial years, with a subsequent two-year holding period upon vesting. The total volume of shares granted across these individuals amounts to 1,632,385.
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The Company announces that on 21 April 2026 awards under the rules of the RSP (structured as a nil-cost options) were granted to the individuals noted below.
Performance flexed RSP awards
"Performance flexed RSP awards" as described in the Company's Directors' Remuneration Report for the year ended 31 December 2025 and including a core award and an outperformance element as described in that report have been granted. The vesting of the core awards and outperformance element is subject to the criteria set out in the Directors' Remuneration Report, assessed over the three financial years 2026 - 2028. To the extent an award vests, it will then be subject to a holding period of two years.
Performance flexed RSP awards
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| (a) | Name | 1) Lynda Shillaw 2) Katerina Patmore 3) Andrew Blackshaw 4) Jonathan Haigh 5) Chris Birch 6) Douglas Maudsley |
| 2. | Reason for the notification | |
| (a) | Position/status | 1) Chief Executive 2) Chief Financial Officer 3) Chief Operating Officer (PDMR) 4) Chief Investment Officer (PDMR) 5) General Counsel and Company Secretary (PDMR) 6) Deputy Chief Financial Officer (PDMR) |
| (b) | Initial notification/ Amendment | Initial Notification |
| (a) | Name | Harworth Group plc |
| (b) | LEI | 213800R8JSSGK2KPFG21 |
| (a) | Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each |
| 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 (s) | Price(s) Volume(s) 1) N/A 485,025 2) N/A 315,752 3) N/A 215,267 4) N/A 215,267 5) N/A 168,177 6) N/A 147,996 |
| (d) | Aggregated information - Aggregated volume - Price | As stated above. |
| (e) | Date of the transaction | 21 April 2026 |
| (f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.