16 Apr 2020 16:59
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
The Company announces that the following awards were made yesterday under or on equivalent terms to the Devro plc Performance Share Plan:
Name of Participant |
Status |
No. of Devro 10p Ord Shares comprised in the award |
Rutger Helbing | Director/CEO | 345,847 |
Jackie Callaway | Director/CFO | 221,514 |
Michael Lauesgaard | PDMR | 74,128 |
Beverley Munro | PDMR | 67,948 |
Kevin Shoemaker | PDMR | 92,918 |
Peter Whitmore | PDMR | 82,9591 |
Anton Zawada | PDMR | 65,247 |
Total | 950,561 |
[1] Phantom award giving a right to receive cash equal in value to the number of Ordinary Shares comprised in the award.
The awards, which were made at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.
The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail of the awards granted.
Enquiries:
Andrew Money
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
| 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)
| 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
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
345,847
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
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
| Jackie Callaway | ||||||||
2
| Reason for the notification
| |||||||||
a)
| Position/status
| PDMR (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
| 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
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
221,514
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
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
| 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)
| 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
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
74,128
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
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
| Beverley Munro | ||||||||
2
| Reason for the notification
| |||||||||
a)
| Position/status
| PDMR (Group Business Excellence 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)
| 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
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
67,948
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
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
| 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)
| 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
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
92,918
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
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
| 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)
| 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
| Phantom award (right to cash equivalent to value of Devro plc shares)
| ||||||||
b)
| Nature of the transaction
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
82,959
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
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
| PDMR (Group Human Resources 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)
| 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
| Grant of award | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
65,247
Nil cost
| ||||||||
e)
| Date of the transaction
| 2020-04-15 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||