14 Apr 2022 14:22
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, 13 April 2022, 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 | 242,484 |
Rohan Cummings | Director/CFO | 156,190 |
Michael Lauesgaard | PDMR | 52,184 |
Kevin Shoemaker | PDMR | 62,489 |
Peter Whitmore1 | PDMR | 60,052 |
Anton Zawada | PDMR | 46,891 |
Total | 620,290 |
[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 Market Abuse Regulation in the UK, provide further detail of the awards granted.
Enquiries:
Andrew Money
Company Secretary
Tel: 01236 872261
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
|
| ||||||||
e)
| Date of the transaction
| 2022-04-13 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||
a)
| Name
| Rohan Cummings | ||||||||
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
|
| ||||||||
e)
| Date of the transaction
| 2022-04-13 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
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
|
| ||||||||
e)
| Date of the transaction
| 2022-04-13 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
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
|
| ||||||||
e)
| Date of the transaction
| 2022-04-13 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
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
|
| ||||||||
e)
| Date of the transaction
| 2022-04-13 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||
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
|
| ||||||||
e)
| Date of the transaction
| 2022-04-13 | ||||||||
f)
| Place of the transaction
| Outside a trading venue | ||||||||