Last checked at 11 May 2017 14:19
Director/PDMR Shareholding
Rotork plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 0.5p shares undertaken by directors/persons discharging managerial responsibility.
Awards of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). A participant will normally be entitled to exercise their award and receive shares three years from grant subject to performance conditions and continued employment. The vesting of the award will depend on total shareholder return, earnings per share and return on capital (economic profit) over a three year performance period.
Participant Name | Job Title | Award |
Peter Ian France | Group Chief Executive | 329,360 |
Jonathan Mark Davis | Group Finance Director | 175,135 |
Alan George Paine | Managing Director - Rotork Instruments | 64,862 |
Stephen Rhys Jones | Group Legal Director and Company Secretary | 54,967 |
Robert Alastair Spurr | Group Operations Director | 48,403 |
David Andrew Littlejohns | Managing Director - Rotork Fluid Systems | 54,381 |
Grant Hunter Wood | Managing Director - Rotork Controls | 60,874 |
Mark Hywell Kyle Williams | Group HR Director | 50,430 |
Pamela Ann Bingham | Managing Director - Rotork Gears | 53,099 |
Gary Terence Jacobson | Group Innovation Director | 53,731 |
The notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Peter Ian France | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Group Chief Executive) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 329,360 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Jonathan Mark Davis | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Group Finance Director) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 175,135 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Alan George Paine | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Managing Director - Rotork Instruments) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 64,862 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Stephen Rhys Jones | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Group Legal Director 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
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 54,967
| ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Robert Alastair Spurr | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Group Operations Director) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 48,403 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
David Andrew Littlejohns | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Managing Director - Rotork Fluid Systems) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 54,381 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Grant Hunter Wood | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Managing Director - Rotork Controls) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 60,874 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Mark Hywell Kyle Williams | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Group HR Director) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 50,430 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Pamela Ann Bingham | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Managing Director - Rotork Gears) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 53,099
| ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Gary Terence Jacobson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Group Innovation Director) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Rotork plc | |||
b)
| LEI
| 213800AH5RZIHGWRJ718 | |||
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 | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b)
| Nature of the transaction
| Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 53,731 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 09/05/2017 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||