Shawbrook Group plc
Director/PDMR Shareholding

29 January 2016

Sale of shares to cover tax liabilities on vesting

Following the vesting of awards granted to Steve Pateman by Special Opportunities Fund (Guernsey) LP over 64,267 ordinary shares in the Company, 30,282 ordinary shares have been sold on behalf of Steve Pateman in accordance with the terms of the grant at a price of 300.2 pence per ordinary share to cover tax liabilities arising on vesting.  Following this sale, Steve Pateman is interested in 560,187 ordinary shares representing 0.22% of the Company's issued share capital.

This notification is made in accordance with DTR 3.1.4(1)(a).

For further information please contact:

Daniel Rushbrook, General Counsel and Company Secretary, 01277 751110