Business
Director/ PDMR Transaction
Director/ PDMR Transaction.
About this update from Dar Global Plc
[{"type":"text","content":"\n\n24 July 2024\n \nDAR GLOBAL PLC (THE \"COMPANY\")\n \nNotification of Transactions by Persons Discharging Managerial Responsibilities (\"PDMR\") and Connected Persons\n \nDar 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.\n \nThere is no change in Dar Al Arkan Real Estate Development Company PJSC beneficial shareholding in the Company.\n \n\n\n\n\n1.\n\n\nDetails of PDMR / person closely associated\n\n\n\n\na)\n\n\nName\n\n\nDar Al Arkan Real Estate Development Company PJSC\n\n\n\n\n2.\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition / status\n\n\nPerson closely associated with Yousef Al Shelash, Vice Chairman and Non-Executive Director of Dar Global PLC\n\n\n\n\nb)\n\n\nInitial notification / amendment\n\n\nInitial Notification\n \n \n\n\n\n\n3.\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nDar Global PLC\n\n\n\n\nb)\n\n\nLEI\n\n\n213800XRFXQ1KEWACW80\n\n\n\n\n4.\n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the financial instrument\n\n\nOrdinary shares of USD 0.01 each\n \nISIN: GB00BQXNJY41\n \n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nPledging of shares\n\n\n\n\nc)\n\n\nPrice(s) and volume(s)\n \n \n\n\n\n\n\n\nPrice(s)\n\n\nVolume(s)\n\n\n\n\nN/A\n\n\n158,000,000\n\n\n\n\n\n\n\n\n\nd)\n\n\nAggregated information\nAggregated volume\nPrice\n\n\n \n \n158,000,000 ordinary shares\nN/A\n\n\n\n\ne)\n\n\nDate of the transaction\n\n\n24 July 2024\n\n\n\n\nf)\n\n\nPlace of the transaction\n\n\nOutside of a trading venue\n\n\n\n\n \n \n\n","length":7466,"tagName":"div"}]