Director/PDMR Shareholding

RNS Number : 9848Z
IMI PLC
20 December 2017
 

20 December 2017

IMI PLC
(the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

1. Massimo Grassi

2. Peter Spencer

2.

Reason for the notification

a)

Position/status

1. Divisional Managing Director

2. Divisional Managing Director

b)

Initial notification/ Amendment

Initial Notification

3.

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

a)

Name

IMI plc

b)

LEI

2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

  Identification code

Ordinary Share

 
GB00BGLP8L22

b)

Nature of the transaction

1. Exercise of RSU award in respect of 31,118 Shares vesting under the IMI plc Incentive Plan. Sale of 14,655 Shares to cover tax and dealing costs and retaining the remaining 16,463 Shares.

2. Exercise of 1,685 options granted in 2012 under the terms of the IMI Sharesave Plan and sale of all shares for own account

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. £13.20

2. £13.20

14,655

1,685

d)

Aggregated information

·      Aggregated volume

·      Price

N/A Single transaction

e)

Date of the transaction

20 December 2017

f)

Place of the transaction

London Stock Exchange Main Market (XLON)






 

For further information, please contact:

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
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