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NWF Group plc announced on 4 June 2025 the issue and allotment of 137,795 ordinary shares of 25 pence under its Company Performance Share Plan, with Directors Chris Belsham awarded 28,659 shares and Andrew Downie 20,875 shares, both at 0p. Application has been made for admission of these new shares to AIM, expected on 6 June 2025, which will result in total voting rights of 49,588,145 Ordinary Shares.
| Date | 4 Jun 2025 |
| Time | 08:00:00 |
| Category | Capital structure |
| ID | 2702L |
For release: Wednesday 4 June 2025
NWF Group plc
NWF Group plc: Issue of Equity and Director/PDMR Shareholding
NWF Group plc ("NWF", the "Company" or the "Group"), the specialist distributor operating in UK markets today announces that it has issued and allotted 137,795 ordinary shares of 25 pence in the Company ("Ordinary Shares") pursuant to awards previously made under the NWF Company Performance Share Plan (the "Plan"), following the satisfaction of certain performance criteria.
The table below sets out the allocation of the awards, together with the resulting holdings of the PDMRs following Admission.
|
Director / PDMR |
Number of awards |
Resulting interest in Ordinary Shares |
Resulting percentage of Ordinary Shares |
|
Chris Belsham |
28,659 |
201,504 |
0.41% |
|
Andrew Downie |
20,875 |
56,356 |
0.11% |
The remaining shares have been issued and allotted to individuals who are no longer PDMRs.
Application has been made to London Stock Exchange for the 137,795 new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. It is expected that Admission will become effective, and that dealings will commence in the new Ordinary Shares at 08.00 a.m. on 6 June 2025.
Total Voting Rights
In accordance with the FCA's Disclosure Guidance and Transparency Rules (DTR 5.6.1), the Company notifies that, following Admission, its issued share capital will consist of 49,588,145 Ordinary Shares. There are no Ordinary Shares held in treasury. Shareholders may therefore use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
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Tom Harland, Group General Counsel and Company Secretary NWF Group plc
|
Reg Hoare Veronica Farah [email protected] |
Mike Bell Ed Allsopp Peel Hunt LLP (Nominated adviser and broker) |
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Details of the person discharging managerial responsibilities / person closely associated |
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Name |
Chris Belsham |
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Reason for the notification |
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Position/status |
Chief Executive |
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Initial notification /Amendment |
Initial |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Name |
NW F Group plc |
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LEI |
213800ARRZNN1W VZ9M70 |
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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 |
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Description of the Financial instrument, type of instrument Identification code |
Ordinary Shares
GB0006523608 |
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Nature of the transaction |
Share Award |
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Price(s) and volume(s) |
|
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|
Price(s) |
Volume(s) |
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|
|
0p |
28,659
|
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Aggregated information • Aggregated volume • Price |
n/a |
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Date of the transaction |
4 June 2025 |
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Place of the transaction |
Outside a trading venue |
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Details of the person discharging managerial responsibilities / person closely associated |
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Name |
Andrew Downie |
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Reason for the notification |
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Position/status |
Managing Director, NWF Agriculture Limited |
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Initial notification /Amendment |
Initial |
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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Name |
NW F Group plc |
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|
LEI |
213800ARRZNN1W VZ9M70 |
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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 |
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|
Description of the Financial instrument, type of instrument Identification code |
Ordinary Shares
GB0006523608 |
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Nature of the transaction |
Share Award |
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Price(s) and volume(s) |
|
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Price(s) |
Volume(s) |
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0p |
20,875
|
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Aggregated information • Aggregated volume • Price |
n/a |
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Date of the transaction |
4 June 2025 |
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Place of the transaction |
Outside a trading venue |
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