9 Mar 2016 16:50
For immediate release 9 March 2016
IMI PLC(the "Company")
Notification of Dealings in the Company's shares by Persons Discharging Managerial Responsibility ("PDMRs") and connected persons
The Company announces the following dealings by PDMRs in the Company's ordinary shares of 284/7p each ("Shares").
IMI Employee Share Ownership Plan
On 9 March 2016, the Company received notification from the following PDMRs in respect of Shares purchased pursuant to participation in the IMI Employee Share Ownership Plan:
Name of PDMR | Nature of transaction | Price per Share or value of transaction |
Mark Selway | Purchase of 13 Shares | £9.185 |
Daniel Shook | Purchase of 14 Shares | £9.185 |
Roy Twite | Purchase of 14 Shares | £9.185 |
Paul Roberts | Purchase of 13 Shares | £9.185 |
The IMI Incentive Plan
On 9 March 2016 the following options ("Options") were granted under the IMI Incentive Plan:
Name of PDMR | Nature of Award | Number of Shares under Award |
Mark Selway | Performance Share award | 213,007 |
Deferred Bonus award | 33,150 | |
Daniel Shook | Performance Share award | 66,751 |
Deferred Bonus award | 10,495 | |
Roy Twite | Performance Share award | 98,553 |
Paul Roberts | Performance Share award | 40,919 |
Deferred Bonus award | 7,710 | |
Peter Spencer | Performance Share award | 56,925 |
Deferred Bonus award | 5,135 | |
Massimo Grassi | Performance Share award | 65,611 |
Deferred Bonus award | 3,501 |
No consideration is payable on the grant, vesting or exercise of the Awards.
The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
IMI PLC
John O'SheaGroup Legal Director and Company Secretary0121 717 3700
IMI (IMI)