Award of Options
NWF Group plc has announced awards under its Company Performance Share Plan to key executives, including CEO Chris Belsham, CFO Katie Shortland, Tim Moran, and Rupert Phillips. These awards, granted on August 12, 2026, at a price of 137.00 pence per share, are conditional on achieving certain EPS performance targets and are intended to incentivize and retain management. Following these awards, Chris Belsham will hold 775,943 conditional awards, Katie Shortland 461,075, Tim Moran 381,917, and Rupert Phillips 211,059.
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NWF Group plc ('NWF', the 'Company' or the 'Group'), the specialist distributor operating in UK markets, today announces the following awards have been approved under the terms of the established NWF Company Performance Share Plan (the 'Plan').
Chris Belsham, Chief Executive Officer of NWF, will receive an award of a conditional right over a maximum of 303,890 ordinary shares of 25 pence each of the Company ('Shares') at a price of 137.00 pence per Share, being the mid-market price at the close of business on the date on which the Company announced its results for the financial year ended 31 May 2026.
Following the award, Chris Belsham will be interested in 775,943 conditional awards over Shares.
Katie Shortland, Chief Financial Officer of NWF, will receive an award of a conditional right over a maximum of 187,956 Shares at a price of 137.00 pence per Share, being the mid-market price at the close of business on the date on which the Company announced its results for the financial year ended 31 May 2026.
Following the award, Katie Shortland will be interested in 461,075 conditional awards over Shares.
Tim Moran, Managing Director of Boughey Distribution, will receive an award of a conditional right over a maximum of 214,270 Shares at a price of 137.00 pence per Share, being the mid-market price at the close of business on the date on which the Company announced its results for the financial year ended 31 May 2026.
Following the award, Tim Moran will be interested in 381,917 conditional awards over Shares.
Rupert Phillips, Managing Director of NWF Agriculture, will receive an award of a conditional right over a maximum of 118,412 Shares at a price of 137.00 pence per Share, being the mid-market price at the close of business on the date on which the Company announced its results for the financial year ended 31 May 2026.
Following the award, Rupert Phillips, will be interested in 211,059 conditional awards over Shares.
The Plan was established for the purpose of incentivising and retaining the Company's eligible executive management. The Remuneration Committee has responsibility for determining the award of Shares under the Plan, which will be subject to the achievement of certain EPS performance conditions, to be agreed by the Remuneration Committee, and which will be disclosed in the 2027 Directors' Remuneration Report. In the event of a recipient leaving during the performance period, the circumstances surrounding the recipient leaving the Company would be assessed, and any award which subsequently vests would be pro-rated to reflect the recipient's actual period of employment.
| T om Harland , Group General Counsel and Company Secretary | Reg Hoare/Catherine Chapman | Ed Allsopp/Asha Chotai | |
| NWF Group plc | MHP Group | Peel Hunt LLP | |
| (Nominated Adviser and Broker) | |||
| 1. | De t a il s o f t h e p e r so n d i s cha rgi n g m ana g e r i a l r esp o ns i b iliti e s / pe r so n c lo se l y as s oc i a t e d | ||
| a. | Na m e | Chris Belsham | |
| 2. | Reaso n f o r t h e no tifi ca tio n | ||
| a. | Po siti on /st a t us | Chief Executive Officer | |
| b. | I n i t ia l no tific a ti on / A m end m en t | I n i t ia l | |
| 3. | De t a il s o f t h e i ss u e r , e m i ss i o n a ll o w anc e m a r ke t p a rti c i pan t , auc ti o n p l a tf o r m, auc ti o n ee r or a u c tio n m o n it o r | ||
| a. | Na m e | N WF G r ou p p l c | |
| b. | LE I | 21 3 8 0 0AR R ZN N 1 W VZ9 M 70 | |
| 4. | De t a il s o f t h e tr an s ac ti on ( s ) : sec ti o n t o b e r ep e a t e d f o r (i ) eac h t y p e o f i ns tru m e n t ; (ii ) eac h t y p e of tr an s ac ti on ; (ii i ) eac h da t e ; an d (iv ) eac h p lac e w h e r e tr an sa c tio n s h a v e b ee n c on d uc t e d | ||
| a. | De scri p ti o n o f t h e F i nan c ia l i n s t r u m en t , t y p e o f i n str u m en t I den t ific a ti o n c od e | O r d i na r y s ha r e s o f 25 p i n th e C o m pa n y GB00 065 23 608 | |
| b. | Na t u r e o f t h e tr an s a ctio n | Award of options under the Company's Share Option Plan | |
| c. | Price(s) and volume(s) | P ric e ( s ) | Vo l u m e ( s ) |
| 0 p | 303,890 | ||
| d. | Agg re ga t ed i n f o r m a t i on • Agg re ga t ed v o lu m e • P ric e | N/A | |
| f. | P l a c e o f t h e tr an s a ctio n | Outside a trading venue | |
| 1. | De t a il s o f t h e p e r so n d i s cha rgi n g m ana g e r i a l r esp o ns i b iliti e s / pe r so n c lo se l y as s oc i a t e d | ||
| a. | Na m e | Katie Shortland | |
| 2. | Reaso n f o r t h e no tifi ca tio n | ||
| a. | Po siti on /st a t us | Chief Financial Officer | |
| b. | I n i t ia l no tific a ti on / A m end m en t | I n i t ia l | |
| 3. | De t a il s o f t h e i ss u e r , e m i ss i o n a ll o w anc e m a r ke t p a rti c i pan t , auc ti o n p l a tf o r m, auc ti o n ee r or a u c tio n m o n it o r | ||
| a. | Na m e | N WF G r ou p p l c | |
| b. | LE I | 21 3 8 0 0AR R ZN N 1 W VZ9 M 70 | |
| 4. | De t a il s o f t h e tr an s ac ti on ( s ) : sec ti o n t o b e r ep e a t e d f o r (i ) eac h t y p e o f i ns tru m e n t ; (ii ) eac h t y p e of tr an s ac ti on ; (ii i ) eac h da t e ; an d (iv ) eac h p lac e w h e r e tr an sa c tio n s h a v e b ee n c on d uc t e d | ||
| a. | De scri p ti o n o f t h e F i nan c ia l i n s t r u m en t , t y p e o f i n str u m en t I den t ific a ti o n c od e | O r d i na r y s ha r e s o f 25 p i n th e C o m pa n y GB00 065 23 608 | |
| b. | Na t u r e o f t h e tr an s a ctio n | Award of options under the Company's Share Option Plan | |
| c. | Price(s) and volume(s) | P ric e ( s ) | Vo l u m e ( s ) |
| 0 p | 187,956 | ||
| d. | Agg re ga t ed i n f o r m a t i on • Agg re ga t ed v o lu m e • P ric e | N/A | |
| f. | P l a c e o f t h e tr an s a ctio n | Outside a trading venue | |
| 1. | De t a il s o f t h e p e r so n d i s cha rgi n g m ana g e r i a l r esp o ns i b iliti e s / pe r so n c lo se l y as s oc i a t e d | ||
| a. | Na m e | Tim Moran | |
| 2. | Reaso n f o r t h e no tifi ca tio n | ||
| a. | Po siti on /st a t us | Managing Director, Boughey Distribution Limited | |
| b. | I n i t ia l no tific a ti on / A m end m en t | I n i t ia l | |
| 3. | De t a il s o f t h e i ss u e r , e m i ss i o n a ll o w anc e m a r ke t p a rti c i pan t , auc ti o n p l a tf o r m, auc ti o n ee r or a u c tio n m o n it o r | ||
| a. | Na m e | N WF G r ou p p l c | |
| b. | LE I | 21 3 8 0 0AR R ZN N 1 W VZ9 M 70 | |
| 4. | De t a il s o f t h e tr an s ac ti on ( s ) : sec ti o n t o b e r ep e a t e d f o r (i ) eac h t y p e o f i ns tru m e n t ; (ii ) eac h t y p e of tr an s ac ti on ; (ii i ) eac h da t e ; an d (iv ) eac h p lac e w h e r e tr an sa c tio n s h a v e b ee n c on d uc t e d | ||
| a. | De scri p ti o n o f t h e F i nan c ia l i n s t r u m en t , t y p e o f i n str u m en t I den t ific a ti o n c od e | O r d i na r y s ha r e s o f 25 p i n th e C o m pa n y GB00 065 23 608 | |
| b. | Na t u r e o f t h e tr an s a ctio n | Award of options under the Company's Share Option Plan | |
| c. | Price(s) and volume(s) | P ric e ( s ) | Vo l u m e ( s ) |
| 0 p | 214,270 | ||
| d. | Agg re ga t ed i n f o r m a t i on • Agg re ga t ed v o lu m e • P ric e | N/A | |
| f. | P l a c e o f t h e tr an s a ctio n | Outside a trading venue | |
| 1. | De t a il s o f t h e p e r so n d i s cha rgi n g m ana g e r i a l r esp o ns i b iliti e s / pe r so n c lo se l y as s oc i a t e d | ||
| a. | Na m e | Rupert Phillips | |
| 2. | Reaso n f o r t h e no tifi ca tio n | ||
| a. | Po siti on /st a t us | Managing Director, NWF Agriculture Limited | |
| b. | I n i t ia l no tific a ti on / A m end m en t | I n i t ia l | |
| 3. | De t a il s o f t h e i ss u e r , e m i ss i o n a ll o w anc e m a r ke t p a rti c i pan t , auc ti o n p l a tf o r m, auc ti o n ee r or a u c tio n m o n it o r | ||
| a. | Na m e | N WF G r ou p p l c | |
| b. | LE I | 21 3 8 0 0AR R ZN N 1 W VZ9 M 70 | |
| 4. | De t a il s o f t h e tr an s ac ti on ( s ) : sec ti o n t o b e r ep e a t e d f o r (i ) eac h t y p e o f i ns tru m e n t ; (ii ) eac h t y p e of tr an s ac ti on ; (ii i ) eac h da t e ; an d (iv ) eac h p lac e w h e r e tr an sa c tio n s h a v e b ee n c on d uc t e d | ||
| a. | De scri p ti o n o f t h e F i nan c ia l i n s t r u m en t , t y p e o f i n str u m en t I den t ific a ti o n c od e | O r d i na r y s ha r e s o f 25 p i n th e C o m pa n y GB00 065 23 608 | |
| b. | Na t u r e o f t h e tr an s a ctio n | Award of options under the Company's Share Option Plan | |
| c. | Price(s) and volume(s) | P ric e ( s ) | Vo l u m e ( s ) |
| 0 p | 118,412 | ||
| d. | Agg re ga t ed i n f o r m a t i on • Agg re ga t ed v o lu m e • P ric e | N/A | |
| f. | P l a c e o f t h e tr an s a ctio n | Outside a trading venue | |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.