PDMRs’ Interest in Shares
14 December 2023
Avon Protection plc ("the Company")
PDMRs' Interest in Shares
2023 deferred bonus arrangements
A portion of the annual bonus payments due to Executive Directors Jos Sclater and Rich Cashin in respect of the 2023 financial year were deferred into Company shares on the 12 December 2023. 25% of the annual bonus was subject to tax and national insurance/social security and the net amount was used to purchase Company shares. The shares are to be held for two years and are not subject to the Company's shareholding guidelines.
The table below sets out the number of 2023 deferred bonus shares held by the Executive Director and each PDMR following this transaction.
|
1 |
Details of person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
1) Jos Sclater 2) Rich Cashin |
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|
2 |
Reason for the notification |
|||||
|
a) |
Position / status |
1) Chief Executive Officer 2) 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 |
Avon Protection plc |
||||
|
b) |
LEI |
213800JM1AN62REBWA71 |
||||
|
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 and ISIN Code |
Ordinary £1 shares in Avon Protection plc
GB0000667013 |
||||
|
b) |
Nature of the transaction |
Acquisition of shares. 25% of the annual bonus payments for Executive Directors was subjected to tax and national insurance/social security and the net amount was used to purchase Company shares. The shares are to be held for two years and are not subject to the Company's shareholding guidelines. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
- Aggregated volume - Aggregated price - Aggregated total
|
N/A |
||||
|
e) |
Date of the transactions |
All occurred on 2023-12-12
|
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON)
|
||||
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.
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