Information  X 
Enter a valid email address

IMI PLC (IMI)

  Print   

Thursday 31 March, 2022

IMI PLC

Director/PDMR Shareholding

RNS Number : 8317G
IMI PLC
31 March 2022
 

31 March 2022

IMI PLC (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

The Company announces the following transaction by a PDMR in the Company's ordinary shares ("Shares"). 

Pursuant to invitations issued on Monday 7 March 2022 to all eligible UK employees, options over an aggregate of 103,152 Shares were granted on 31 March 2022 under the IMI Sharesave Plan (the "Scheme"). The Scheme is an all-employee scheme which gives the opportunity to eligible UK employees to acquire Shares at a discount of 10% of the market value of the Shares at the time the invitation was issued.

Options granted to a PDMR:

Name

Position

No. of shares under options granted

Savings Contract Period

Louise Waldek

Group General Counsel & Company Secretary

2380

5 years

In consideration of these options, the grantees will make monthly savings during the associated savings contract. The exercise price is £12.6018 per share. These options will normally be exercisable during a 6-month period commencing 1 August 2027 for a 5 Year contract.

This announcement is an initial announcement.  The Company's identification code is GB00BGLP8L22.  The grant of the SAYE options occurred outside a trading venue. 

The FCA notification, made in accordance with the requirements of the Market Abuse Regulation is appended below and gives further details on the option grants for directors and PDMRs.

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Louise Waldek

2.

Reason for the notification

a)

Position/status

Group General Counsel & 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

Grant of options under the all-employee HMRC IMI Sharesave Plan. 

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£12.6018

2380

d)

Aggregated information

· Aggregated volume

· Price

N/A Single transaction

e)

Date of the transaction

31 March 2022

f)

Place of the transaction

Outside a trading venue






 

For further information, please contact:

Louise Waldek
Group General Counsel and Company Secretary
Telephone: 0121 717 3700

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHSDSFIFEESESD

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