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Director/PDMR Shareholding

19 Nov 2015 16:51

RNS Number : 3617G
Avon Rubber PLC
19 November 2015
 

19 November 2015

Avon Rubber p.l.c. ("the Company")

Director's and PDMRs' Interest in Shares

 

On 18 November 2015, pursuant to the Company's deferred bonus arrangements, a portion of the annual bonus payments due to the Executive Director, Andrew Lewis and certain PDMRs of the Company in respect of the 2014/15 financial year were deferred into Company shares. 25% of the annual bonus linked to financial targets, as distinct from personal performance targets, 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. The table below sets out the number of deferred bonus shares and the total number of shares held by Andrew Lewis and each PDMR.

 

Executive Director

Deferred bonus shares

Total Shareholding (including deferred bonus shares)

Andrew Lewis

3,241

84,614

PDMRs

Miles Ingrey-Counter

1,057

41,578

Paul McDonald

1,272

50,316

John Kime

1,320

34,952

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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