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Directors'/PDMR Shareholdings

8 Feb 2021 17:00

RNS Number : 3697O
Avon Rubber PLC
08 February 2021
 

8 February 2021

 

Avon Rubber p.l.c.

('the Company')

Directors'/PDMR Shareholdings

Share Incentive Plan

The Company was notified on 5 February 2021 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees Limited on 5 February 2021 on behalf of two of the Company's persons discharging managerial responsibilities ('PDMR') pursuant to the Company's Share Incentive Plan (SIP).

The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period.

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.

The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Nicholas Keveth

2

Reason for the notification

a)

Position / status

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

Avon Rubber p.l.c.

b)

LEI

213800JM1AN62REBWA71

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

and ISIN Code

Ordinary £1 shares in Avon Rubber p.l.c.

 

GB0000667013

b)

Nature of the

transaction

Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.

 

 

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

GBP 31.298

5

d)

Aggregated Information

- Aggregated volume

- Aggregated price

- Aggregated total

 

 

5

GBP 31.298

GBP 156.49

e)

Date of the

transaction

2021-02-05

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Miles Ingrey-Counter

2

Reason for the notification

a)

Position / status

Company Secretary

b)

Initial notification /

amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Avon Rubber p.l.c.

b)

LEI

213800JM1AN62REBWA71

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

and ISIN Code

Ordinary £1 shares in Avon Rubber p.l.c.

 

GB0000667013

b)

Nature of the

transaction

Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.

 

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

GBP 31.298

5

d)

Aggregated Information

- Aggregated volume

- Aggregated price

- Aggregated total

 

 

5

GBP 31.298

GBP 156.49

e)

Date of the

transaction

2021-02-05

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

 

LEI: 213800JM1AN62REBWA71Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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