Shearwater : 04.06.19 Director PDMR Shareholding

4 June 2019

SHEARWATER GROUP PLC

("Shearwater", or the "Company")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG), the digital resilience group, announces that it has received notification that Phil Higgins, Group Chief Executive Officer of the Company, on 31 May 2019 transferred 7,950,000 Ordinary Shares of 1p ("Ordinary Shares") into ISAs held by Mr. Higgins and his family. This transfer was facilitated by way of a sale and repurchase at a price of 2.0 pence per Ordinary Share.

Following these transactions, Mr. Higgins' beneficial interest in Ordinary Shares remains unchanged at approximately 9.9 per cent. of the issued share capital of the Company.

Enquiries:
Shearwater Group plc	www.theshearwatergroup.co.uk
David Williams	c/o Instinctif Partners
Phil Higgins
Cenkos Securities plc - NOMAD and Broker	[phone]
Max Hartley / Giles Balleny - NOMAD
Julian Morse / Michael Johnson - Sales
Instinctif Partners	[e-mail]
Adrian Duffield / Chantal Woolcock	[phone]

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
2	Reason for the notification
a)	Position/status		CEO
b)	Initial notification /Amendment		Initial Notification
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 financial		Ordinary shares of 1 pence each
	instrument, type of instrument
	Identification code
			GB00B00T3528
b)	Nature of the transaction		Sale of shares and purchase of shares made through ISA
c)	Price(s) and volume(s)
				Share Sale	Share Purchase
			Volume	7,950,000	1,987,500

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			Price	2.0 pence	2.0 pence
d)	Aggregated information
	- Aggregated volume		See above
	- Price
e)	Date of the transaction		31 May 2019
f)	Place of the transaction		London Stock Exchange, AIM
1	Details of the person discharging managerial responsibilities / person closely
	associated
a)	Name		Lauren Higgins, Victoria Higgins, Johnathan Higgins
2	Reason for the notification
a)	Position/status		Persons Closely Associate with the CEO
b)	Initial notification /Amendment		Initial Notification
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 financial		Ordinary shares of 1 pence each
	instrument, type of instrument
	Identification code
			GB00B00T3528
b)	Nature of the transaction		Purchase of shares made through ISA
c)	Price(s) and volume(s)
			Person Closely		Price		Volume
			Associated
			Lauren Higgins		2.0 pence		1,987,500
			Victoria Higgins		2.0 pence		1,987,500
			Johnathan Higgins		2.0 pence		1,987,500
d)	Aggregated information
	- Aggregated volume		See above
	- Price
e)	Date of the transaction		31 May 2019
f)	Place of the transaction		London Stock Exchange, AIM

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