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DEVRO PLC Director's Dealing 2019

Apr 11, 2019

4717_dirs_2019-04-11_f6ac4946-8456-430e-9d26-48775e486dad.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 9083V

Devro PLC

11 April 2019

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

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

Devro plc announces that Sarah Voaden, Group HR Director and PDMR, has advised the Company that on 9 April 2019 she exercised a nil-price option over 7,261 Devro plc 10p Ordinary Shares ("Shares") under the Devro 2009 Deferred Share Bonus Plan, and on 10 April 2019 sold 7,261 Shares at 184 pence per share.

The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.

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

Sarah Voaden

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)

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

Exercise of nil-priced option under the Devro 2009 Deferred Share Bonus Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 7,261

d)

Aggregated information

- Aggregated volume

- Price

7,261

Nil cost

e)

Date of the transaction

2019-04-09

f)

Place of the transaction

Outside a trading venue

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 Voaden

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)

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

Sale

c)

Price(s) and volume(s)

Price(s) Volume(s)
£1.84 7,261

d)

Aggregated information

- Aggregated volume

- Price

7,261

£1.84

e)

Date of the transaction

2019-04-10

f)

Place of the transaction

London Stock Exchange (XLON)

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 [email protected] or visit www.rns.com.

END

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