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Rotork PLC (ROR)

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Thursday 25 April, 2019

Rotork PLC

Director/PDMR Shareholding

RNS Number : 1475X
Rotork PLC
25 April 2019
 

Director/PDMR Shareholding

 

Rotork plc ("the Company") announces that awards under the Rotork plc Deferred Annual Bonus Plan (the "Plan") were granted with effect from 5 March 2019 to Kevin Hostetler (Chief Executive) and Jonathan Davis (Group Finance Director).

These awards were granted under the Company's annual bonus scheme for 2018. This required these individuals to defer any bonus awarded in excess of 60% of the maximum into Rotork plc 0.5p ordinary shares for three years. The awards were granted as conditional shares which will automatically vest on the third anniversary of grant.

The notifications set out below are povided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

 

1

 

Details of the person discharging managerial responsibilities / closely associated person

 

a)

 

Name

 

 

 

Kevin George Hostetler     

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - 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

 

 

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

 

 

Grant of conditional Rotork plc ordinary 0.5p shares under the Rotork plc Deferred Annual Bonus Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£2.857

71,783







d)

 

Aggregated information




- Aggregated volume

n/a (single transaction)



- Price




e)

 

Date of the transaction

 

 

2019-04-24 (GMT)

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / closely associated person

 

a)

 

Name

 

 

 

Jonathan Mark Davis     

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - Group Finance Director

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

 

 

Grant of conditional Rotork plc ordinary 0.5p shares under the Rotork plc Deferred Annual Bonus Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£2.857

36,790







d)

 

Aggregated information




- Aggregated volume

n/a (single transaction)



- Price




e)

 

Date of the transaction

 

 

2019-04-24 (GMT)

f)

 

Place of the transaction

 

 

Outside a trading venue

 


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