DEVRO PLC — Director's Dealing 2018

Apr 10, 2018

National Storage Mechanism | Additional information

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RNS Number : 4278K

Devro PLC

10 April 2018

DEVRO plc ("Devro" or "the Company")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons

The Company announces that the following awards were made yesterday under the Devro plc Performance Share Plan:

Name of Participant	Status	No. of Devro 10p Ord Shares comprised in the award
Rutger Helbing	Director/CEO	242,242
Michael Lauesgaard	PDMR	60,000
Bill McGowan	PDMR	60,000
Beverley Munro	PDMR	60,000
Sarah Murphy	PDMR	60,000
Matthew Peacock	PDMR	60,000
Kevin Shoemaker	PDMR	60,000
John Meredith	PDMR	15,000
Total		617,242

The awards, which were made at nil cost, are subject to performance conditions.  Vesting will normally not occur before three years have elapsed.

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.

Enquiries:

John Meredith 

Company Secretary

Tel:  01236 872261

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rutger Helbing

2

Reason for the notification

a)

Position/status

Chief Executive

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)

LEI

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

Accepting an option under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	242,242

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Lauesgaard

2

Reason for the notification

a)

Position/status

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)

LEI

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

Accepting an option under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	60,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Beverley Munro

2

Reason for the notification

a)

Position/status

Commercial Director Asia-Pacific

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)

LEI

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

Accepting an option under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	60,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sarah Murphy

2

Reason for the notification

a)

Position/status

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)

LEI

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

Accepting an option under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	60,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Meredith

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

Devro plc

b)

LEI

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

Accepting an option under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	15,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Peacock

2

Reason for the notification

a)

Position/status

Interim Group Finance 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)

LEI

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

Accepting an option under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	60,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bill McGowan

2

Reason for the notification

a)

Position/status

Commercial Director Americas

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)

LEI

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

Accepting a conditional award under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	60,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kevin Shoemaker

2

Reason for the notification

a)

Position/status

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)

LEI

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

Accepting a conditional award under the Devro plc Performance Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil price	60,000

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2018-04-09

f)

Place of the transaction

N/A

This information is provided by RNS

The company news service from the London Stock Exchange

END

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