TIDMSWG

RNS Number : 4618W

Shearwater Group PLC

17 April 2023

17 April 2023

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, announces that on 12 April 2023 Phil Higgins, the Company's Chief Executive Officer, transferred an aggregate of 65,000 ordinary shares of 10 pence in the capital of the Company ("Ordinary Shares") from his personal holding into his ISA account and into the name of a family member, via the simultaneous sale and purchase of Ordinary Shares.

Following these purchases and sale there is no change in Mr Higgins beneficially interested in the Company.

The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.

Enquiries:

 
 Shearwater Group plc                  www.shearwatergroup.com 
  David Williams, Chairman              c/o Alma PR 
  Phil Higgins, CEO 
 Cenkos Securities plc - NOMAD and 
  Joint Broker 
  Adrian Hadden / Ben Jeynes / Max 
  Gould - Corporate Finance 
  Alex Pollen / Henry Nicol - Sales    +44 (0) 20 7397 8900 
 Alma PR                               shearwater@almapr.co.uk 
  Justine James / Joe Pederzolli        +44 (0) 20 3405 0205 
 

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                           Phil Higgins - ISA Account 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                CEO 
     -----------------------------  ------------------------------------ 
 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            GB00BKT6VH21 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Purchase of Ordinary Shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)          Price(s)       Volume(s) 
                                       60.05 pence     32,500 
                                                     ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume             n/a 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        12 April 2023 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange, AIM 
     -----------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Lauren Higgins 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Personal closely associated with 
                                      CEO, Phil Higgins 
     -----------------------------  ------------------------------------ 
 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            GB00BKT6VH21 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Purchase of Ordinary Shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)          Price(s)       Volume(s) 
                                       60.05 pence     32,500 
                                                     ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume             n/a 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        12 April 2023 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange, AIM 
     -----------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Phil Higgins 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                CEO 
     -----------------------------  ------------------------------------ 
 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            GB00BKT6VH21 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Sale of Ordinary Shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)          Price(s)       Volume(s) 
                                       60.00 pence     65,000 
                                                     ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume             n/a 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        12 April 2023 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange, AIM 
     -----------------------------  ------------------------------------ 
 

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END

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April 17, 2023 07:51 ET (11:51 GMT)

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