Last checked at 27 Mar 2024 16:48
27 March 2024
IMI plc(the "Company")
Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
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 | Roy Twite | ||||||||
2. | Reason for the notification | |||||||||
a) | Position/status | 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 | 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 | Exercise of performance share award in respect of 121,157 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 57,067 shares to cover tax and dealing costs and 64,090 shares retained.
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c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||||||
nil | 121,157 shares exercised | |||||||||
£18.1903 | 57,067 shares sold | |||||||||
d) | Aggregated information · Aggregated volume · Price |
As above | ||||||||
e) | Date of transaction | 26 March 2024 | ||||||||
f) | Place of transaction | Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
a) | Name | Daniel Shook | ||||||||
2. | Reason for the notification | |||||||||
a) | Position/status | 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 | 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) Sale of 23,000 ordinary shares
ii) Exercise of performance share award in respect of 46,203 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 21,768 shares to cover tax and dealing costs and 24,435 shares retained.
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c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||||||
i) | £18.1903 | 23,000 shares sold | ||||||||
ii) | nil | 46,203 shares exercised | ||||||||
£18.1903 | 21,768 shares sold | |||||||||
d) | Aggregated information · Aggregated volume exercised · No of shares sold
· Price |
46,203 44,768
£18.1903 | ||||||||
e) | Date of transaction | 26 March 2024 | ||||||||
f) | Place of transaction | Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||||||
a) | Name | Elizabeth Rose
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2. | Reason for the notification | |||||||||
a) | Position/status | Chief People Officer
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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 Deferred Bonus Shares award in respect of 3,911 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 1,843 shares to cover tax and dealing costs and 2,068 shares retained.
ii) Exercise of performance share award in respect of 19,890 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 9,375 shares to cover tax and dealing costs and 10,515 shares retained. | ||||||||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |||||||
i) | nil | 3,911 shares exercised | ||||||||
£18.1903 | 1,843 shares sold | |||||||||
ii) | nil | 19,890 shares exercised | ||||||||
£18.1903 | 9,375 shares sold | |||||||||
d) | Aggregated information · Aggregated volume exercised · No of shares sold
· Price |
23,801 11,218
£18.1903 | ||||||||
e) | Date of transaction | 26 March 2024 | ||||||||
f) | Place of 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 | Jun Hu
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2. | Reason for the notification | ||||
a) | Position/status | CEO Automation
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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 Deferred Bonus Shares award in respect of 12,369 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 2,580 shares to cover tax and dealing costs and 9,789 shares retained.
ii) Exercise of performance share award in respect of 42,402 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 8,844 shares to cover tax and dealing costs and 33,558 shares retained. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
i) | nil | 12,369 shares exercised | |||
£18.1903 | 2,580 shares sold | ||||
ii) | nil | 42,402 shares exercised | |||
£18.1903 | 8,844 shares sold | ||||
d) | Aggregated information · Aggregated volume exercised · No of shares sold
· Price |
54,771 11,424
£18.1903 | |||
e) | Date of transaction | 26 March 2024 | |||
f) | Place of 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 | Bethany Ferreira | |||
2. | Reason for the notification | ||||
a) | Position/status | CEO Life Technology
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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 Deferred Bonus Shares award in respect of 5,151 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 2,426 shares to cover tax and dealing costs and 2,725 shares retained.
ii) Exercise of performance share award in respect of 45,432 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 21,404 shares to cover tax and dealing costs and 24,028 shares retained. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
i) | nil | 5,151 shares exercised | |||
£18.1903 | 2,426 shares sold | ||||
ii) | nil | 45,432 shares exercised | |||
£18.1903 | 21,404 shares sold | ||||
d) | Aggregated information · Aggregated volume exercised · No of shares sold
· Price |
50,583 23,830
£18.1903 | |||
e) | Date of transaction | 26 March 2024 | |||
f) | Place of 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 | Louise Waldek | |||
2. | Reason for the notification | ||||
a) | Position/status | Chief Legal & Risk Officer and Company Secretary | |||
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 | Exercise of award in respect of 15,082 shares vesting under the 2021 Restricted Stock Unit as granted under the IMI plc Incentive Plan (nil cost option). Sale of 7,112 shares to cover tax and dealing costs and 7,970 shares retained. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
nil | 15,082 shares exercised | ||||
£18.1903 | 7,112 shares sold | ||||
d) | Aggregated information · Aggregated volume · Price |
As above | |||
e) | Date of transaction | 26 March 2024 | |||
f) | Place of transaction | Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) | |||
For further information, please contact:
Fran Burge
Assistant Company SecretaryTelephone: 0121 717 3700