4 Aug 2021 11:19
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
Following the vesting on 2 August 2021 of an award of Devro plc 10p ordinary shares ("Shares") made to Group Human Resources Director, Anton Zawada, on 11 June 2020 under the Company's Performance Share Plan (the "Award") (to replace a portion of the awards Mr Zawada forfeited at his previous employer, in order to take up his position with the Company), Mr Zawada has undertaken the following transactions in Shares:
On 2 August, Anton Zawada acquired 10,338 Shares for nil consideration.
On 4 August, Anton Zawada sold 4,884 Shares at 222.0 pence per Share to cover the tax liability and dealing costs arising on the vesting of the Award.
The notifications at the end of the announcement, made in accordance with the requirements of the Market Abuse Regulation, provide further details.
Enquiries:
Catriona Christie
Assistant Company Secretary
Tel: 01236 872261
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||
a)
| Name
| Anton Zawada | ||||||||
2
| Reason for the notification
| |||||||||
a)
| Position/status
| Group Human Resources Director / PDMR | ||||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||
a)
| Name
| Devro plc | ||||||||
b)
| LEI
| 549300Z9YLY7LEMLJ904 | ||||||||
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
Identification code
| Ordinary 10p shares
GB0002670437
| ||||||||
b)
| Nature of the transaction
| Acquisition of shares following the vesting on 2 August 2021 of an award of shares granted on 11 June 2020 under the Company's Performance Share Plan. | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||||||
e)
| Date of the transaction
| 2021-08-02 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a)
| Name
| Anton Zawada | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| Group Human Resources Director / PDMR | ||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Devro plc | ||||||
b)
| LEI
| 549300Z9YLY7LEMLJ904 | ||||||
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
Identification code
| Ordinary 10p shares
GB0002670437
| ||||||
b)
| Nature of the transaction
| Sale of shares on 4 August 2021 to satisfy the tax liability arising from a vesting of the award of shares granted on 11 June 2020 under the Company's Performance Share Plan. | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
| ||||||
e)
| Date of the transaction
| 2021-08-04 | ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||