Director/PDMR Shareholding

RNS Number : 5479U
IMI PLC
29 March 2019
 

29 March 2019

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.   Daniel Shook

2.   Roy Twite

3.   Paul Roberts

4.   Jun Hu

2.

Reason for the notification

a)

Position/status

1.   Chief Financial Officer

2.   Chief Executive Designate

3.   Business Development Director

4.   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

1a.  Exercise of award in respect of 21,732 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 10,235 shares to cover tax and dealing costs and 11,497 shares retained.

1b.  Exercise of Deferred Bonus Shares award in respect of 11,701 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 5,511 shares to cover tax and dealing costs and 6,190 shares retained.

2.    Exercise of award in respect of 32,086 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 15,111 shares to cover tax and dealing costs and 16,975 shares retained and transferred into spouse's name.

3a.  Exercise of award in respect of 13,321 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 6,274 shares to cover tax and dealing costs and 7,047 shares retained.

3b.  Exercise of Deferred Bonus Shares award in respect of 8,596 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 4,049 shares to cover tax and dealing costs and 4,547 shares retained.

4a.  Exercise of award in respect of 4,372 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 965 shares to cover tax and dealing costs and 3,407 shares retained.

4b.  Exercise of Deferred Bonus Shares award in respect of 3,675 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 762 shares to cover tax and dealing costs and 2,913 shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

1a.   £9.42

1b.   £9.42

2.     £9.42

3a.   £9.42

3b.   £9.42

4a.   £9.42

4b.   £9.42

10,235

5,511

15,111

6,274

4,049

965

762

d)

Aggregated information

·      Aggregated volume

·      Price

N/A individual transactions

e)

Date of the transaction

28 March 2019

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


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