RNS Number : 6194X
Dar Global PLC
24 July 2024
 

24 July 2024

 

DAR GLOBAL PLC (THE "COMPANY")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Connected Persons

 

Dar Global PLC announces that it was today notified that on 24 July 2024 Dar Al Arkan Real Estate Development Company PJSC, a person closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC, pledged security over the indirectly controlled ordinary shares held in the capital of the Company in favour of Emirates NBD and other consortium partners.

 

There is no change in Dar Al Arkan Real Estate Development Company PJSC beneficial shareholding in the Company.

 

1.

Details of PDMR / person closely associated

a)

Name

Dar Al Arkan Real Estate Development Company PJSC

2.

Reason for the notification

a)

Position / status

Person closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC

b)

Initial notification / amendment

Initial Notification

 

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Dar Global PLC

b)

LEI

213800XRFXQ1KEWACW80

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 financial instrument

Ordinary shares of USD 0.01 each

 

ISIN:  GB00BQXNJY41

 

b)

Nature of the transaction

Pledging of shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

N/A

158,000,000

d)

Aggregated information

Aggregated volume

Price

 

 

158,000,000 ordinary shares

N/A

e)

Date of the transaction

24 July 2024

f)

Place of the transaction

Outside of a trading venue

 

 

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