24 Nov 2016 11:13
24 November 2016
IMI PLC(the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||
a) | Name | Massimo Grassi | ||
2. | Reason for the notification | |||
a) | Position/status | Divisional Managing Director | ||
b) | Initial notification/ Amendment | Initial Notification | ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | IMI plc | ||
b) | LEI | 2138002W9Q21PF751R30 | ||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Share GB00BGLP8L22 | ||
b) | Nature of the transaction | Exercise of RSU award in respect of 30,115 Shares vesting under the IMI plc Incentive Plan. Sale of 14,183 Shares to cover tax and dealing costs and retaining the remaining 15,932 Shares. | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
£9.65 | 14,183 | |||
d) | Aggregated information · Aggregated volume · Price | N/A Single transaction | ||
e) | Date of the transaction | 23 November 2016 | ||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||
For further information, please contact:
John O'SheaGroup Legal Director and Company SecretaryTelephone: 0121 717 3700
IMI (IMI)