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DE LA RUE PLC

Director's Dealing Jul 14, 2017

4600_dirs_2017-07-14_e20a1eab-dc32-4b04-9caa-d5b993ed044d.html

Director's Dealing

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RNS Number : 1724L

De La Rue PLC

14 July 2017

De La Rue plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

De La Rue plc (the "Company") announces the following changes in the interests of Directors and  Persons Discharging Managerial Responsibilities (PDMRs) in ordinary shares of 44 152/175p  ("Shares") in the capital of the Company.

De La Rue Annual Bonus Plan ("ABP")

On 13 July 2017, the Directors and PDMRs listed below completed the exercise of nil-cost options over ordinary shares of 44 152/175p  in the capital of the Company, granted under the ABP on 7 June 2016, following the vesting of awards, including dividend shares, on 10 July 2017.

Name Director/ PDMR Vested Shares
Martin Sutherland Director/PDMR 14,192
Jitesh Sodha Director/PDMR 4,684
Rupert Middleton Director/PDMR 7,111
Jo Easton PDMR 4,679
Richard Hird PDMR 3,571
Ed Peppiatt PDMR 4,735
Selva Selvaratnam PDMR 5,549

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Ed Peppiatt, Company Secretary

Contact Number: 01256 605343

14 July 2017

De La Rue plc's LEI code is 213800DH741LZWIJXP78.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Martin Sutherland

2

Reason for the notification

a)

Position/status

Chief Executive Officer (PDMR)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 shares of 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

(i) Acquisition of 14,192 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016; and (ii) subsequent sale of 6,694 shares to cover PAYE/NI liabilities arising from such vesting. The remainder of the shares (7,498) are being retained.

c)

Price(s) and volume(s)

Transaction Price(s) Volume(s)
(i) Acquisition Nil 14,192
(ii) Sale £6.539328 6,694

d)

Aggregated information

Transaction Price(s) Volume(s) Total
(i) Acquisition Nil 14,192 Nil
(ii) Sale £6.539328 6,694 £43,774.26

e)

Date of the transaction

(i) 2017-07-12 (GMT)

(ii) 2017-07-13 (GMT)

f)

Place of the transaction

(i) Outside a trading venue

(ii) London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jitesh Sodha

2

Reason for the notification

a)

Position/status

Chief Financial Officer (PDMR)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 shares of 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

Acquisition of 4,684 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016. All shares are being retained following settlement of PAYE/NI liabilities arising from such vesting.

c)

Price(s) and volume(s)

Transaction Price(s) Volume(s)
Acquisition Nil 4,684

d)

Aggregated information

Transaction Price(s) Volume(s) Total
Acquisition Nil 4,684 Nil

e)

Date of the transaction

2017-07-12 (GMT)

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rupert Middleton

2

Reason for the notification

a)

Position/status

Executive Director (PDMR)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 shares of 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

(i) Acquisition of 7,111 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016; and (ii) subsequent sale of 3,355 shares to cover PAYE/NI liabilities arising from such vesting. The remainder of the shares (3,756) are being retained.

c)

Price(s) and volume(s)

Transaction Price(s) Volume(s)
(i) Acquisition Nil 7,111
(ii) Sale £6.539328 3,355

d)

Aggregated information

Transaction Price(s) Volume(s) Total
(i) Acquisition Nil 7,111 Nil
(ii) Sale £6.539328 3,355 £21,939.45

e)

Date of the transaction

(i) 2017-07-12 (GMT)

(ii) 2017-07-13 (GMT)

f)

Place of the transaction

(i) Outside a trading venue

(ii) London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jo Easton

2

Reason for the notification

a)

Position/status

Group Director of Human Resources (PDMR)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 shares of 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

(i) Acquisition of 4,679 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016; and (ii) subsequent sale of 2,208 shares to cover PAYE/NI liabilities arising from such vesting. The remainder of the shares (2,471) are being retained.

c)

Price(s) and volume(s)

Transaction Price(s) Volume(s)
(i) Acquisition Nil 4,679
(ii) Sale £6.539328 2,208

d)

Aggregated information

Transaction Price(s) Volume(s) Total
(i) Acquisition Nil 4,679 Nil
(ii) Sale £6.539328 2,208 £14,438.84

e)

Date of the transaction

(i) 2017-07-12 (GMT)

(ii) 2017-07-13 (GMT)

f)

Place of the transaction

(i) Outside a trading venue

(ii) London Stock Exchange (XLON)

Details of the person discharging managerial responsibilities / person closely associated

Name

Richard Hird

Reason for the notification

Position/status

Chief Commercial Officer (PDMR)

Initial notification /Amendment

Initial Notification

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

Name

De La Rue plc

LEI

213800DH741LZWIJXP78

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 44 152/175p

GB00B3DGH821

Nature of the transaction

(i) Acquisition of 3,571 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016; and (ii) subsequent sale of 3,571 shares.

Price(s) and volume(s)

Transaction Price(s) Volume(s)
(i) Acquisition Nil 3,571
(ii) Sale £6.539328 3,571

Aggregated information

Transaction Price(s) Volume(s) Total
(i) Acquisition Nil 3,571 Nil
(ii) Sale £6.539328 3,571 £23,351.94

Date of the transaction

(i) 2017-07-12 (GMT)

(ii) 2017-07-13 (GMT)

Place of the transaction

(i) Outside a trading venue

(ii) London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ed Peppiatt

2

Reason for the notification

a)

Position/status

General Counsel & Company Secretary (PDMR)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 shares of 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

(i) Acquisition of 4,735 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016; and (ii) subsequent sale of 2,234 shares to cover PAYE/NI liabilities arising from such vesting. The remainder of the shares (2,501) are being retained.

c)

Price(s) and volume(s)

Transaction Price(s) Volume(s)
(i) Acquisition Nil 4,735
(ii) Sale £6.539328 2,234

d)

Aggregated information

Transaction Price(s) Volume(s) Total
(i) Acquisition Nil 4,735 Nil
(ii) Sale £6.539328 2,234 £14,608.86

e)

Date of the transaction

(i) 2017-07-12 (GMT)

(ii) 2017-07-13 (GMT)

f)

Place of the transaction

(i) Outside a trading venue

(ii) London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Selva Selvaratnam

2

Reason for the notification

a)

Position/status

Chief Technology Officer (PDMR)

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

De La Rue plc

b)

LEI

213800DH741LZWIJXP78

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 shares of 44 152/175p

GB00B3DGH821

b)

Nature of the transaction

(i) Acquisition of 5,549 shares in the Company following the vesting of an award granted under the ABP on 7 June 2016; and (ii) subsequent sale of 5,549 shares.

c)

Price(s) and volume(s)

Transaction Price(s) Volume(s)
(i) Acquisition Nil 5,549
(ii) Sale £6.539328 5,549

d)

Aggregated information

Transaction Price(s) Volume(s) Total
(i) Acquisition Nil 5,549 Nil
(ii) Sale £6.539328 5,549 £36,286.73

e)

Date of the transaction

(i) 2017-07-12 (GMT)

(ii) 2017-07-13 (GMT)

f)

Place of the transaction

(i) Outside a trading venue

(ii) London Stock Exchange (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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