Director/PDMR Shareholding

RNS Number : 6051R

IMI PLC

09 March 2016

 

For immediate release                                                                                         9 March 2016

IMI PLC
(the "Company")

Notification of Dealings in the Company's shares by Persons Discharging Managerial Responsibility ("PDMRs") and connected persons

The Company announces the following dealings by PDMRs in the Company's ordinary shares of 28⁴/₇p each ("Shares").

IMI Employee Share Ownership Plan

On 9 March 2016, the Company received notification from the following PDMRs in respect of Shares purchased pursuant to participation in the IMI Employee Share Ownership Plan:

Name of PDMR	Nature of transaction	Price per Share or value of transaction
Mark Selway	Purchase of 13 Shares	£9.185
Daniel Shook	Purchase of 14 Shares	£9.185
Roy Twite	Purchase of 14 Shares	£9.185
Paul Roberts	Purchase of 13 Shares	£9.185

The IMI Incentive Plan

On 9 March 2016 the following options ("Options") were granted under the IMI Incentive Plan:

Name of PDMR	Nature of Award	Number of Shares under Award
Mark Selway	Performance Share award	213,007
	Deferred Bonus award	33,150
Daniel Shook	Performance Share award	66,751
	Deferred Bonus award	10,495
Roy Twite	Performance Share award	98,553
Paul Roberts	Performance Share award	40,919
	Deferred Bonus award	7,710
Peter Spencer	Performance Share award	56,925
	Deferred Bonus award	5,135
Massimo Grassi	Performance Share award	65,611
	Deferred Bonus award	3,501

No consideration is payable on the grant, vesting or exercise of the Awards.

The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.

IMI PLC

John O'Shea
Group Legal Director and Company Secretary
0121 717 3700

 

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