29 Mar 2017 11:46
Director/PDMR Shareholding
Β
Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a person discharging managerial responsibility.
- Vesting of 4,413 executive share incentive award shares to Pamela Ann Bingham (Divisional Managing Director - Rotork Gears) and the subsequent sale of 2,075 shares to cover tax and NI liabilities and a further 2,338 shares.
The notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name Β Β | Β Β Pamela Ann Bingham | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | PDMR (Divisional Managing Director - Rotork Gears) | |||
b) Β | Initial notification /Amendment Β Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | Rotork plc | |||
b) Β | LEI Β Β | 213800AH5RZIHGWRJ718 | |||
4 Β | 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 Β Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b) Β | Nature of the transaction Β Β | Vesting of 4,413 executive share incentive award shares | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 4,413 | ||||
d) Β | Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e) Β | Date of the transaction Β Β | 2017-03-24 (GMT) | |||
f) Β | Place of the transaction Β Β | Outside a trading venue | |||
Β
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name Β Β | Β Β Pamela Ann Bingham | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | PDMR (Divisional Managing Director - Rotork Gears) | |||
b) Β | Initial notification /Amendment Β Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | Rotork plc | |||
b) Β | LEI Β Β | 213800AH5RZIHGWRJ718 | |||
4 Β | 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 Β Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary 0.5p shares | |||
Identification code | ISIN GB00BVFNZH21 | ||||
b) Β | Nature of the transaction Β Β | Sale of 2,075 shares to cover tax and NI liabilities and a further 2,338 shares following vesting of executive share incentive award shares. | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Β£2.47 | 4,413 | ||||
d) Β | Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e) Β | Date of the transaction Β Β | 2017-03-24 (GMT) | |||
f) Β | Place of the transaction Β Β | Outside a trading venue | |||
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