Last checked at 10 Aug 2023 16:53
10 August 2023
IMI PLC(the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
On 9 August 2023, the following PDMRs received shares under the vesting of awards made under the Restricted Stock Unit as granted under the IMI Incentive Plan. Bethany Ferreira subsequently sold a sufficient number of shares to cover her tax liabilities and associated costs. Phil Clifton elected to sell all:
PDMR | Number of shares awarded to PDMR | Shares sold | Number of shares Retained |
Bethany Ferreira | 30,005 | 14,141 | 15,864 |
Philip Clifton | 10,307 | 10,307 | 0 |
Also on 9 August 2023 1,989 shares were exercised by Elizabeth Rose at an exercise price of £9.0466 under the all-employee HMRC 2020 IMI Sharesave Plan. The shares were subsequently transferred into an ISA at a price of £9.0466.
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||
a) | Name | Bethany Ferreira
| |||
2. | Reason for the notification | ||||
a) | Position/status | CEO Life Technology | |||
b) | Initial notification/ Amendment | Initial Notification | |||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | IMI plc | |||
b) | LEI | 2138002W9Q21PF751R30 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary share GB00BGLP8L22 | |||
b) | Nature of the transaction | i) Exercise of Restricted Stock Unit as granted under the IMI Incentive Plan ii) Sale of Restricted Stock Unit as granted under the IMI Incentive Plan | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
i) | nil | 30,005 | |||
ii) | £15.611 | 14,141 | |||
d) | Aggregated information · Aggregated volume · Price | N/A | |||
e) | Date of the transaction | 9 August 2023 | |||
f) | Place of the transaction | Shares exercised outside of trading venue
Shares sold on London Stock Exchange Main Market (XLON) | |||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||
a) | Name | Philip Clifton | |||
2. | Reason for the notification | ||||
a) | Position/status | President Climate Control | |||
b) | Initial notification/ Amendment | Initial Notification | |||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | IMI plc | |||
b) | LEI | 2138002W9Q21PF751R30 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary share GB00BGLP8L22 | |||
b) | Nature of the transaction | i) Exercise of Restricted Stock Unit under the IMI Incentive Plan ii) Sale of Restricted Stock Unit under the IMI Incentive Plan | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
i) | nil | 10,307 | |||
ii) | £15.611 | 10,307 | |||
d) | Aggregated information · Aggregated volume · Price | N/A | |||
e) | Date of the transaction | 9 August 2023 | |||
f) | Place of the transaction | Shares exercised outside of trading venue
Shares sold on London Stock Exchange Main Market (XLON) | |||
1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||
a) | Name | Elizabeth Rose | |||
2. | Reason for the notification | ||||
a) | Position/status | Chief People Officer | |||
b) | Initial notification/ Amendment | Initial Notification | |||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | IMI plc | |||
b) | LEI | 2138002W9Q21PF751R30 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary share GB00BGLP8L22 | |||
b) | Nature of the transaction | i) Exercise of options under the all-employee HMRC 2020 IMI Sharesave Plan. ii) Transfer of shares to ISA | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
i) | £9.0466 | 1,989 | |||
ii) | £9.0466 | 1,989 | |||
d) | Aggregated information · Aggregated volume · Price | N/A | |||
e) | Date of the transaction | 9 August 2023 | |||
f) | Place of the transaction | Outside of a trading venue | |||
For further information, please contact:
Fran Burge
Assistant Company SecretaryTelephone: 0121 717 3700