RNS Number : 0768B

Watches of Switzerland Group PLC

04 June 2019

Watches of Switzerland Group PLC

Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

Watches of Switzerland Group PLC (the "Company") announces the following transactions by Directors, PDMRs and persons closely associated with them, which took place on 4 June 2019 in connection with the admission of the Company's ordinary shares to trading on the London Stock Exchange.

For enquiries, contact:

Paul Eardley Company Secretary +44 207 317 4604

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dennis Millard

2

Reason for the notification

a)

Position/status

Chairman, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

Non-executive directors' subscription for ordinary shares in the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.70	18,518

d)

Aggregated information

- Aggregated volume

- Price

-    18,518

-    GBP 49,998.60

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Brian Duffy

2

Reason for the notification

a)

Position/status

Executive Director, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

Sale of ordinary shares in the Company in connection with the IPO of the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.70	1,868,694

d)

Aggregated information

- Aggregated volume

- Price

-    1,868,694

-    GBP 5,045,473.80

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Brian Duffy

2

Reason for the notification

a)

Position/status

Executive Director, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

A nil-cost option to acquire ordinary shares in the Company from Jewel Holdco S.à r.l. in recognition of the Director's services to the Company and to ensure ongoing incentivisation, subject to the Director's continued service with the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0.00	2,222,222

d)

Aggregated information

- Aggregated volume

- Price

-    2,222,222

-    GBP 0.00

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Anders Romberg

2

Reason for the notification

a)

Position/status

Executive Director, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

Sale of ordinary shares in the Company in connection with the IPO of the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.70	875,000

d)

Aggregated information

- Aggregated volume

- Price

-    875,000

-    GBP 2,362,500

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Teresa Colaianni

2

Reason for the notification

a)

Position/status

Non-Executive Director, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

Non-executive directors' subscription for ordinary shares in the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.70	11,111

d)

Aggregated information

- Aggregated volume

- Price

-    11,111

-    GBP 29,999.70

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Rosa Monckton

2

Reason for the notification

a)

Position/status

Non-Executive Director, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

Non-executive directors' subscription for ordinary shares in the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.70	7,407

d)

Aggregated information

- Aggregated volume

- Price

-    7,407

-    GBP 19,998.90

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Robert Moorhead

2

Reason for the notification

a)

Position/status

Non-Executive Director, Person Discharging Managerial Responsibilities

b)

Initial notification/Amendment

Initial Notification  

3

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

a)

Name

Watches of Switzerland Group PLC

b)

LEI

2138008ZOT5K9PJW7168

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, type of instrument

Identification code

Ordinary Shares (ISIN: GB00BJDQQ870)

b)

Nature of the transaction

Non-executive directors' subscription for ordinary shares in the Company.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.70	11,111

d)

Aggregated information

- Aggregated volume

- Price

-    11,111

-    GBP 29,999.70

e)

Date of the transaction

2019-06-04

f)

Place of the transaction

London Stock Exchange

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHGIGDLSUGBGCS