Director/PDMR Shareholding

Summary by AI BETAClose X

IMI plc announced on March 31, 2026, that several Persons Discharging Managerial Responsibilities (PDMRs) and their closely associated persons exercised performance share awards and sold a portion of their shares to cover tax and dealing costs, while retaining the remainder. Specifically, Roy Twite, Chief Executive Officer, exercised 110,659 shares and sold 52,120. Chief Financial Officer Luke Grant exercised 5,238 performance shares and 2,089 deferred bonus shares, selling 2,471 and 985 respectively, and also vested and sold 1,052 restricted stock units. Chief Operating Officer Jun Hu exercised 43,737 shares and sold 8,552, while Chief People Officer Elizabeth Rose exercised 28,827 performance shares and 5,729 deferred bonus shares, selling 13,581 and 2,699 respectively. Chief Legal Officer and Company Secretary Louise Waldek exercised 21,593 performance shares and 4,558 deferred bonus shares, selling 10,174 and 2,148 respectively, and also sold 320 shares on March 30, 2026, at £26.08. Additionally, Louise Waldek transferred 3,900 shares to her husband, Haydon Waldek, who subsequently sold them on March 30, 2026, for £26.12. All exercises were at nil cost, and the shares sold were on the London Stock Exchange Main Market at prices around £25.99.

Disclaimer*

IMI PLC
31 March 2026
 

31 March 2026              

 

IMI plc
(the "Company")

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

This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roy Twite

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

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

Exercise of performance share award in respect of 

110,659 shares vesting under the 2023 IMI plc

Incentive Plan (nil cost option). Sale of 52,120

shares to cover tax and dealing costs and 58,539

shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

110,659 shares exercised

£25.99

52,120 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of transaction

31 March 2026

f)

Place of transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 



 

 







1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Luke Grant

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

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

1.   Exercise of performance share award in respect of 5,238 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 2,471 shares to cover tax and dealing costs and 2,767 shares retained.

 

2.   Exercise of Deferred Bonus Shares award in respect of 2,089 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 985 shares to cover tax and dealing costs and 1,104 shares retained.

 

3.   Vesting of Restricted Stock Unit as granted under the 2023 IMI plc Incentive Plan.

 

4.   Sale of Restricted Stock Unit as granted under the 2023 IMI plc Incentive Plan.

 

 

 c)

Price(s) and volume(s)


Price (s)

Volume(s)

1.

Nil

£25.99

5,238 shares exercised

2,471 shares sold

2.

Nil

£25.99

2,089 shares exercised

985 shares sold

3.

Nil

1,052 shares vested

4.

£25.99

496 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

31 March 2026

f)

Place of the transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ruth Grant

2.

Reason for the notification

a)

Position/status

Person Closely Associated with Luke Grant, 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

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

Exercise of performance share award in respect of 2,883 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 1,360 shares to cover tax and dealing costs and 1,523 shares retained.

 

 

 c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

nil

2,883 shares exercised

£25.99

1,360 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

31 March 2026

f)

Place of the transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jun Hu

2.

Reason for the notification

a)

Position/status

Chief Operating Officer

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

Exercise of performance share award in respect of 43,737 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 8,552 shares to cover tax and dealing costs and 35,185 shares retained.

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

43,737 Shares exercised

£25.99

8,552 Shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

31 March 2026

f)

Place of the transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)






 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Elizabeth Rose

2.

Reason for the notification

a)

Position/status

Chief People Officer

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

1.    Exercise of performance share award in respect of 28,827 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 13,581 shares to cover tax and dealing costs and 15,246 shares retained.

 

2.    Exercise of Deferred Bonus Shares award in respect of 5,729 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 2,699 shares to cover tax and dealing costs and 3,030 shares retained.

 c)

Price(s) and volume(s)


Price(s)

Volume(s)

1

Nil

£25.99

28,827 shares exercised

13,581 shares sold



2

Nil

£25.99

5,729 shares exercised

2,699 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

31 March 2026

f)

Place of the transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)






 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Louise Waldek

2.

Reason for the notification

a)

Position/status

Chief Legal Officer and 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

1.    Exercise of performance share award in        respect of 21,593 shares vesting under the        2023 IMI plc Incentive Plan (nil cost option).        Sale of 10,174 shares to cover tax and dealing        costs and 11,419 shares retained.

 

2.    Exercise of Deferred Bonus Shares award in respect of 4,558 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 2,148 shares to cover tax and dealing costs and 2,410 shares retained.

 

 c)

Price(s) and volume(s)


Price(s)

Volume(s)

1.  

Nil

£25.99

21,593 shares exercised

10,174 shares sold

2.

Nil

£25.99

4,558 shares exercised

2,148 shares sold

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

31 March 2026

f)

Place of the transaction

Shares exercised outside of trading venue

Shares sold on London Stock Exchange Main Market (XLON)






 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Louise Waldek

2.

Reason for the notification

a)

Position/status

Chief Legal Officer and 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

Sale of ordinary shares

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£26.08

320

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

30 March 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)






 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Louise Waldek

2.

Reason for the notification

a)

Position/status

Chief Legal Officer and 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

Transfer of shares to her husband Haydon Waldek (being a person closely associated)

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

3,900

d)

Aggregated information

·      Aggregated volume

·      Price

 

N/A single transaction

e)

Date of the transaction

30 March 2026

f)

Place of the transaction

Outside a trading venue






 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Haydon Waldek

2.

Reason for the notification

a)

Position/status

Person Closely Associated with Louise Waldek, Chief Legal Officer & 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

Sale of ordinary shares

 

 

 c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£26.12

3,900

d)

Aggregated information

·      Aggregated volume

·      Price

 

As above

e)

Date of the transaction

30 March 2026

f)

Place of the transaction

London Stock Exchange Main Market (XLON)






 

 

 

  

 

For further information, please contact:

Louise Waldek

Company Secretary
Telephone: 0121 717 3700

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