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13 Apr 2022 18:10
DEVRO plc ("Devro" or "the Company")
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Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
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The Company announces transactions on 12 April 2022 in the Company's 10p ordinary shares by the following persons discharging managerial responsibilities in connection with the awards they received on 8 April 2019 under the Company's Performance Share Plan (each the "2019 Award"):
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Rutger Helbing | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (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   | Devro plc | ||||||||
b) Â | LEI Â Â | 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 on exercise of options under the Company's Performance Share Plan (2019 Award) | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |     | ||||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||||
f)  | Place of the transaction   | London Stock Exchange (XLON) | ||||||||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||
a)  | Name   | Rutger Helbing | ||||||
2  | Reason for the notification  | |||||||
a)  | Position/status   | PDMR (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   | Devro plc | ||||||
b) Â | LEI Â Â | 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 to meet tax liability arising on exercise of options under the Company's Performance Share Plan (2019 Award). | ||||||
c) Â | Price(s) and volume(s) Â Â | Â
   | ||||||
d)  | Aggregated information  - Aggregated volume  - Price   |    | ||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||
f)  | Place of the transaction   | London Stock Exchange (XLON) | ||||||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Michael Lauesgaard | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Group Business Development Director) | ||||||||
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) Â | LEI Â Â | 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 on exercise of options under the Company's Performance Share Plan (2019 Award) | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |     | ||||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||||
f)  | Place of the transaction   | London Stock Exchange (XLON) | ||||||||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||
a)  | Name   | Michael Lauesgaard | ||||||
2  | Reason for the notification  | |||||||
a)  | Position/status   | PDMR (Group Business Development Director) | ||||||
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) Â | LEI Â Â | 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 to meet tax liability arising on exercise of options under the Company's Performance Share Plan (2019 Award). | ||||||
c) Â | Price(s) and volume(s) Â Â | Â
   | ||||||
d)  | Aggregated information  - Aggregated volume  - Price   |    | ||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||
f)  | Place of the transaction   | London Stock Exchange (XLON) | ||||||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Kevin Shoemaker | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Group Supply Chain Director) | ||||||||
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) Â | LEI Â Â | 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 on the vesting of an award under the Company's Performance Share Plan (2019 Award) | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |     | ||||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||||
f)  | Place of the transaction   | London Stock Exchange (XLON) | ||||||||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||
a)  | Name   | Kevin Shoemaker | ||||||
2  | Reason for the notification  | |||||||
a)  | Position/status   | PDMR (Group Supply Chain Director) | ||||||
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) Â | LEI Â Â | 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 to meet tax liability on their acquisition following vesting of an award under the Company's Performance Share Plan (2019 Award). | ||||||
c) Â | Price(s) and volume(s) Â Â | Â
   | ||||||
d)  | Aggregated information  - Aggregated volume  - Price   |    | ||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||
f)  | Place of the transaction   | London Stock Exchange (XLON) | ||||||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||
a)  | Name   | Peter Whitmore | ||||||
2  | Reason for the notification  | |||||||
a)  | Position/status   | PDMR (Global Commercial Director) | ||||||
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) Â | LEI Â Â | 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   | Entitlement to a cash payment on the vesting of a phantom award under the Company's Performance Share Plan (2019 Award), calculated by reference to the middle-market quotation of the Company's shares on 8 April 2022. | ||||||
c) Â | Price(s) and volume(s) Â Â | Â
   | ||||||
d)  | Aggregated information  - Aggregated volume  - Price   |    | ||||||
e)  | Date of the transaction   | 2022-04-12 | ||||||
f)  | Place of the transaction  | Outside a trading venue | ||||||
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Enquiries:
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Andrew Money
Company Secretary
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Tel: 01236 872261
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