16 Apr 2020 16:59
DEVRO plc ("Devro" or "the Company")
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Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
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The Company announces that the following awards were made yesterday under or on equivalent terms to the Devro plc Performance Share Plan:
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   Name of Participant |    Status |  No. of Devro 10p Ord Shares comprised in the award |
Rutger Helbing | Director/CEO | 345,847 |
Jackie Callaway | Director/CFO | 221,514 |
Michael Lauesgaard | PDMR | 74,128 |
Beverley Munro | PDMR | 67,948 |
Kevin Shoemaker | PDMR | 92,918 |
Peter Whitmore | PDMR | 82,9591 |
Anton Zawada | PDMR | 65,247 |
Total | 950,561 |
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[1] Phantom award giving a right to receive cash equal in value to the number of Ordinary Shares comprised in the award.
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The awards, which were made at nil cost, are subject to performance conditions. Vesting will normally not occur before three years have elapsed.
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The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail of the awards granted.
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Enquiries:
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Andrew Money
Company Secretary
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Tel: 01236 872261
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Rutger Helbing | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Chief Executive Officer) | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Ordinary 10p shares   GB0002670437 | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   345,847  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Jackie Callaway | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Chief Financial Officer) | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Ordinary 10p shares   GB0002670437 | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   221,514  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Michael Lauesgaard | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Group Business Development Director | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Ordinary 10p shares   GB0002670437 | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   74,128  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Beverley Munro | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Group Business Excellence Director) | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Ordinary 10p shares   GB0002670437 | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   67,948  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Kevin Shoemaker | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Group Supply Chain Director) | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Ordinary 10p shares   GB0002670437 | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   92,918  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Peter Whitmore | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Global Commercial Director) | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Phantom award (right to cash equivalent to value of Devro plc shares)   | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   82,959  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1  | Details of the person discharging managerial responsibilities / person closely associated  | |||||||||
a)  | Name   | Anton Zawada | ||||||||
2  | Reason for the notification  | |||||||||
a)  | Position/status   | PDMR (Group Human Resources Director) | ||||||||
b)  | Initial notification /Amendment   | Initial notification | ||||||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||||||
a)  | Name   | Devro plc | ||||||||
b) Â | LEI Â Â | 549300Z9YLY7LEMLJ904 | ||||||||
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  Identification code   | Ordinary 10p shares   GB0002670437 | ||||||||
b)  | Nature of the transaction   | Grant of award | ||||||||
c) Â | Price(s) and volume(s) Â Â | Â
  | ||||||||
d)  | Aggregated information  - Aggregated volume  - Price   |   65,247  Nil cost   | ||||||||
e)  | Date of the transaction   | 2020-04-15 | ||||||||
f)  | Place of the transaction   | Outside a trading venue |
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