Director/PDMR Shareholding

IMI PLC
27 March 2024
 

27 March 2024  

 

IMI plc
(the "Company")

Notification of Transaction by Person 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

Roy Twite

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

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

Exercise of performance share award in respect of 121,157 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 57,067 shares to cover tax and dealing costs and 64,090 shares retained.

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

121,157 shares exercised

£18.1903

57,067 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of transaction

26 March 2024

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Daniel Shook

2.

Reason for the notification

a)

Position/status

Chief Financial Officer

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

i)          Sale of 23,000 ordinary shares

 

ii)          Exercise of performance share award in respect of 46,203 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 21,768 shares to cover tax and dealing costs and 24,435 shares retained.

 

 c)

Price(s) and volume(s)


Price(s)

Volume(s)

i)

£18.1903

23,000 shares sold

ii)

nil

46,203 shares exercised

£18.1903

21,768 shares sold

d)

Aggregated information

·      Aggregated volume exercised

·      No of shares sold

 

·      Price

 

46,203

44,768

 

£18.1903

e)

Date of transaction

26 March 2024

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Elizabeth Rose

 

2.

Reason for the notification

a)

Position/status

Chief People Officer

 

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

i)          Exercise of Deferred Bonus Shares award in respect of 3,911 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 1,843 shares to cover tax and dealing costs and 2,068  shares retained.

 

ii)          Exercise of performance share award in respect of 19,890 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 9,375 shares to cover tax and dealing costs and 10,515 shares retained.

 c)

Price(s) and volume(s)


Price(s)

Volume(s)

i)

nil

3,911 shares exercised

£18.1903

1,843 shares sold 

ii)

nil

19,890 shares exercised

£18.1903

9,375 shares sold

d)

Aggregated information

·      Aggregated volume exercised

·      No of shares sold

 

·      Price

 

23,801

11,218

 

£18.1903

e)

Date of transaction

26 March 2024

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jun Hu

 

2.

Reason for the notification

a)

Position/status

CEO Automation

 

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

i)          Exercise of Deferred Bonus Shares award in respect of 12,369 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 2,580 shares to cover tax and dealing costs and 9,789 shares retained.

 

ii)          Exercise of performance share award in respect of 42,402 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 8,844 shares to cover tax and dealing costs and 33,558 shares retained.

 c)

Price(s) and volume(s)


Price(s)

Volume(s)

i)

nil

12,369 shares exercised

£18.1903

2,580 shares sold 

ii)

nil

42,402 shares exercised

£18.1903

8,844 shares sold

d)

Aggregated information

·      Aggregated volume exercised

·      No of shares sold

 

·      Price

 

54,771

11,424

 

£18.1903

e)

Date of transaction

26 March 2024

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Bethany Ferreira

2.

Reason for the notification

a)

Position/status

CEO Life Technology

 

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

i)          Exercise of Deferred Bonus Shares award in respect of 5,151 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 2,426 shares to cover tax and dealing costs and 2,725 shares retained.

 

ii)          Exercise of performance share award in respect of 45,432 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 21,404 shares to cover tax and dealing costs and 24,028 shares retained.

 c)

Price(s) and volume(s)


Price(s)

Volume(s)

i)

nil

5,151 shares exercised

£18.1903

2,426 shares sold 

ii)

nil

45,432 shares exercised

£18.1903

21,404 shares sold

d)

Aggregated information

·      Aggregated volume exercised

·      No of shares sold

 

·      Price

 

50,583

23,830

 

£18.1903

e)

Date of transaction

26 March 2024

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Louise Waldek

2.

Reason for the notification

a)

Position/status

Chief Legal & Risk Officer and Company Secretary

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

Exercise of award in respect of 15,082 shares vesting under the 2021 Restricted Stock Unit as granted under the IMI plc Incentive Plan (nil cost option). Sale of 7,112 shares to cover tax and dealing costs and 7,970 shares retained.

 c)

Price(s) and volume(s)


Price(s)

Volume(s)


nil

15,082 shares exercised

£18.1903

7,112 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of transaction

26 March 2024

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

For further information, please contact:

 

Fran Burge

Assistant Company Secretary
Telephone: 0121 717 3700

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