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Pin to quick picksRotork Regulatory News (ROR)

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Director/PDMR Shareholding

16 Mar 2018 15:39

RNS Number : 0413I
Rotork PLC
16 March 2018
Β 

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 and a person closely associated wirh a person discharging managerial responsibility.

- Vesting of 3,215 executive share incentive award shares to Tim Bessex (Group Sales and Marketing Director) and the subsequent sale of 1,511 shares to cover tax and NI liabilities and retention of the net 1,704 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 Tim Bessex

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

Β 

PDMR (Group Sales and Marketing Director)

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

Β Ordinary 0.5p shares

Identification code

ISIN GB00BVFNZH21

b)

Β 

Nature of the transaction

Β 

Β 

Vesting of 3,215 executive share incentive award shares

c)

Β 

Price(s) and volume(s)

Price(s)

Volume(s)

NIL consideration

3,215

d)

Β 

Aggregated information

- Aggregated volume

n/a (single transaction)

- Price

e)

Β 

Date of the transaction

Β 

Β 

2018-03-15 (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 Tim Bessex

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

Β 

PDMR (Group Sales and Marketing Director)

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 1,511 shares to cover tax and NI liabilities

c)

Β 

Price(s) and volume(s)

Price(s)

Volume(s)

Β£2.77

1,511

d)

Β 

Aggregated information

- Aggregated volume

n/a (single transaction)

- Price

e)

Β 

Date of the transaction

Β 

Β 

2018-03-15 (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 Tim Bessex

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

Β 

PDMR (Group Sales and Marketing Director)

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 

Disposal

c)

Β 

Price(s) and volume(s)

Price(s)

Volume(s)

Β£2.77

1,704

d)

Β 

Aggregated information

- Aggregated volume

n/a (single transaction)

- Price

e)

Β 

Date of the transaction

Β 

Β 

2018-03-15 (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 Aimee Bessex

2

Β 

Reason for the notification

Β 

a)

Β 

Position/status

Β 

Β 

PCA to PDMR, Tim Bessex - Group Sales and Marketing Director

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 

Acqusition

c)

Β 

Price(s) and volume(s)

Price(s)

Volume(s)

Β£2.77

1,704

d)

Β 

Aggregated information

- Aggregated volume

n/a (single transaction)

- Price

e)

Β 

Date of the transaction

Β 

Β 

2018-03-15 (GMT)

f)

Β 

Place of the transaction

Β 

Β 

Outside a trading venue

Β 

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