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Directors'/PDMR Shareholding

8 Oct 2024 10:00

RNS Number : 3559H
Avon Technologies Plc
08 October 2024
 

8 October 2024

 

Avon Technologies plc

("Avon" or "the Group")

Directors'/PDMR Shareholdings

 

Share Incentive Plan

Avon Technologies plc was notified on 7 October 2024 that the following purchases of Avon Technologies plc ordinary shares were made by Equiniti Share Plan Trustees Limited on 7 October 2024 on behalf of three of the Group's persons discharging managerial responsibilities ('PDMR') pursuant to the Group's Share Incentive Plan (SIP).

The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in Avon Technologies plc using deductions from salary in each monthly pay period.

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.

The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Miles Ingrey-Counter

2

Reason for the notification

a)

Position / status

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

Avon Technologies 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 Technologies plc

 

GB0000667013

b)

Nature of the

transaction

Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.

 

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

GBP 12.49

12

d)

Aggregated Information

Aggregated volume

Aggregated price

Aggregated total

 

 

12

GBP 12.49

GBP 149.88

e)

Date of the

transaction

2024-10-07

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Rich Cashin

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

Avon Technologies 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 Technologies plc

 

GB0000667013

b)

Nature of the

transaction

Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.

 

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

GBP 12.49

12

d)

Aggregated Information

Aggregated volume

Aggregated price

Aggregated total

 

 

12

GBP 12.49

GBP 149.88

e)

Date of the

transaction

2024-10-07

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Jos Sclater

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

Avon Technologies 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 Technologies plc

 

GB0000667013

b)

Nature of the

transaction

Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.

 

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

GBP 12.49

12

d)

Aggregated Information

Aggregated volume

Aggregated price

Aggregated total

 

 

12

GBP 12.49

GBP 149.88

e)

Date of the

transaction

2024-10-07

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

LEI: 213800JM1AN62REBWA71Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.

For further enquiries, please contact:

 

Avon Technologies plc

Zoe Holland, Deputy Company Secretary and General Counsel

+44 1225 896 848

 

 

About Avon Technologies plc:

We are a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise.

Our two brands, Avon Protection and Team Wendy, supply our respiratory and head protection portfolio to customers across the globe from our manufacturing sites in the UK and North America.

With over 900 talented people our shared purpose and core beliefs are to be #FIERCE about Protecting Lives. It's why we come to work - and it's what motivates us, every day, to do the best work we can.

For further information, please visit our website www.avon-technologiesplc.com

 

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