Director/PDMR Shareholding

RNS Number : 8987A
Rotork PLC
29 March 2017
 

Director/PDMR Shareholding

 

Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a person discharging managerial responsibility.

-     Vesting of 5,262 executive share incentive award shares to Grant Hunter Wood (Divisional Managing Director - Rotork Controls) and the subsequent sale of 2,474 shares to cover tax and NI liabilities and a further 2,788 shares.

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

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Grant Hunter Wood

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR (Divisional Managing Director - Rotork Controls)

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

 

 

Vesting of 5,262 executive share incentive award shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




NIL consideration

5,262







d)

 

Aggregated information




- Aggregated volume

n/a (single transaction)



- Price




e)

 

Date of the transaction

 

 

2017-03-24 (GMT)

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Grant Hunter Wood

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR (Divisional Managing Director - Rotork Controls)

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

 

 

Sale of 2,474 shares to cover tax and NI liabilities and a further 2,788 shares following vesting of executive share incentive award shares.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£2.47

5,262







d)

 

Aggregated information




- Aggregated volume

n/a (single transaction)



- Price




e)

 

Date of the transaction

 

 

2017-03-24 (GMT)

f)

 

Place of the transaction

 

 

Outside a trading venue

 


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