Last checked at 16 Mar 2018 15:36
Director/PDMR Shareholding
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 4,498 executive share incentive award shares to David Andrew Littlejohns (Divisional Managing Director - Rotork Fluid Systems) and the subsequent sale of 2,114 shares to cover tax and NI liabilities and a further 2,384 shares.
The notification set out below is 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
|
David Andrew Littlejohns | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Divisional 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
| Vesting of 4,498 executive share incentive award shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
NIL consideration | 4,498 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 2018-03-15 (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 (Divisional 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
| Sale of 2,114 shares to cover tax and NI liabilities and a further 2,384 shares following vesting of executive share incentive award shares. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£2.77 | 4,498 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a (single transaction) | ||||
- Price | |||||
e)
| Date of the transaction
| 2018-03-15 (GMT) | |||
f)
| Place of the transaction
| Outside a trading venue | |||