Information  X 
Enter a valid email address

Vesuvius plc (VSVS)

  Print      Mail a friend

Friday 15 March, 2019

Vesuvius plc

Director/PDMR Shareholding

RNS Number : 0731T
Vesuvius plc
15 March 2019
 

Vesuvius plc  

                    

15 March 2019

 

Notification of Transactions of Persons Discharging Managerial Responsibilities

 

This notification is made in accordance with Article 19(3) of the Market Abuse Regulation.

 

Grant of 2019 Deferred Share Bonus Plan Awards

 

Vesuvius plc (the "Company") announces that on 14 March 2019, deferred share bonus plan awards (the "Awards") were granted over the Company's ordinary shares ("Shares") to the following persons discharging managerial responsibilities in the Company under the Vesuvius Deferred Share Bonus Plan in accordance with the Company's Remuneration Policy, in the form indicated in the table below:

 

Name

Maximum number of Shares under Award ("Award Shares")

Form of Award

Patrick André

29,646

Conditional Award

Guy Young

19,028

Conditional Award

 

These awards represent the deferment, into shares, of 33% of the 2018 Annual Bonus earned by the individuals in respect of their service as Executive Directors during 2018.  Awards under the Deferred Share Bonus Plan will normally vest following the third anniversary of the award date.

 

The Share price used to determine the number of Shares under awards was £6.079 being the average of the middle market quotation at close of business over the last 5 dealing days ending on Wednesday 13 March 2019.

 

Name of contact and telephone number for queries:

 

Henry Knowles, General Counsel and Company Secretary

+44 (0) 20 7822 0000

Virginia Skroski, Investor Relations Manager

+44 (0) 20 7822 0016

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Patrick André

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

 

Vesuvius plc

b)

 

LEI

 

 

213800ORZ521W585SY02

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

Conditional share award over Vesuvius plc 10 pence ordinary shares



Identification code

ISIN: GB00B82YXW83



b)

 

Nature of the transaction

 

 

Grant of share award under the Vesuvius Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£6.079

29,646







d)

 

Aggregated information




- Aggregated volume

29,646



- Aggregated Price

 

- Aggregated Total

 

£6.079

 

£180,218



e)

 

Date of the transaction

 

 

14 March 2019

f)

 

Place of the transaction

 

 

London - outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Guy Young

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

 

 

Vesuvius plc

b)

 

LEI

 

 

213800ORZ521W585SY02

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

Conditional share award over Vesuvius plc 10 pence ordinary shares



Identification code

ISIN: GB00B82YXW83



b)

 

Nature of the transaction

 

 

Grant of share award under the Vesuvius Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£6.079

19,028







d)

 

Aggregated information




- Aggregated volume

19,028



- Aggregated Price

 

- Aggregated Total

£6.079

 

£115,671



e)

 

Date of the transaction

 

 

14 March 2019

f)

 

Place of the transaction

 

 

London - outside a trading venue

 

 

 

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHGGUPCWUPBGAA

a d v e r t i s e m e n t