Director/PDMR Shareholding

RNS Number : 9934F

Rotork PLC

23 May 2017

 

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 0.5p shares undertaken by persons closely associated with directors/persons discharging managerial responsibility. 

Acquisition of ordinary shares by persons closely associated with the executive directors under monthly rolling share purchase agreements between the Company and executive directors. The purchases are funded from deductions in the respective executive directors net monthly salary in accordance with the commitment from the executive directors in the 2016 remuneration report that they will invest their 2017 salary increases above the normal workforce increase in the Company's shares.

The notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Jacqueline France
2	Reason for the notification
a)	Position/status	PCA with PDMR (Peter Ian France, Group Chief Executive)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary 0.5p shares
	Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Monthly acquisition of shares using amounts deducted from net monthly salary of executive director.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.355	7,486
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	19/05/2017 (GMT)
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Carol Davis
2	Reason for the notification
a)	Position/status	PCA with PDMR (Jonathan Mark Davis,Group Finance Director)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary 0.5p shares
	Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Monthly acquisition of shares using amounts deducted from net monthly salary of executive director.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.355	3,054
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	19/05/2017 (GMT)
f)	Place of the transaction	London Stock Exchange

 

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