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Director/PDMR Shareholding

29 Nov 2016 09:00

RNS Number : 3911Q
Exova Group PLC
29 November 2016
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EXOVA GROUP PLC

Notification of transactions of Directors and PDMRs

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On 28 November 2016, Paul Barry, a person discharging managerial responsibilities ("PDMR"), sold 29,389 ordinary shares of 1 pence each ("Shares") in Exova Group plc (the "Company") as set out in column 3 in order to discharge tax liabilities arising upon exercise of a bonus share award as set out in the Company's RNS announcement dated 24 November 2016.

1. Name

2. Status

3. Number of Shares sold and price per Share

Paul Barry

PDMR

29,389 at Β£1.84 per Share

Following the sale, Paul Barry's total shareholding in the capital of Exova Group plc is 60,511 ordinary shares, representing 0.02 per cent. of the voting share capital of Exova Group plc.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Barry

2

Reason for the notification

a)

Position/status

PDMR - Group Managing Director, Industries

b)

Initial notification / Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Exova Group plc

b)

LEI

N/A

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

Β 

Identification code

Ordinary shares of 1p each

Β 

Β 

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GB00BKY7HG11

b)

Nature of the transaction

Sale of shares in order to discharge tax liabilities arising upon exercise of a bonus share award as set out in the Company's RNS announcement dated 24 November 2016.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.84

29,389

d)

Aggregated information

- Aggregated volume

- Price

Β 

Β 

N/A

e)

Date of the transaction

28 November 2016

f)

Place of the transaction

London

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This notification is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure and Transparency Rules.

For and on behalf of Exova Group plc

Date: 29 November 2016

Neil MacLennan

General Counsel & Company SecretaryTelephone: 0131 333 8053

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About Exova

Exova is one of the world's leading laboratory-based testing groups, trusted by organisations to test and advise on the safety, quality and performance of their products and operations. Headquartered in Edinburgh, UK, Exova operates 138 laboratories and offices in 33 countries and employs more than 4,300 people throughout Europe, the Americas, the Middle East, Asia/Asia Pacific and Africa.

Exova's capabilities help to extend asset life, bring predictability to applications, and shorten the time to market for customers' products, processes and materials. With over 90 years' experience, Exova specialises in testing across a number of key sectors ranging from Aerospace to Fire & Building Products; Oil & Gas and Industrials; Infrastructure & Environment; Automotive; and Health Sciences.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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