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DEVRO PLC — Director's Dealing 2020
Aug 17, 2020
4717_dirs_2020-08-17_93bf2177-217e-447b-8e5e-af3b3206e1ac.html
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 2529W
Devro PLC
17 August 2020
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
Following the vesting on 12 August 2020 of an award of Devro plc 10p ordinary shares ("Shares") made to Group Human Resources Director, Anton Zawada, on 11 June 2020 under the Company's 2013 Performance Share Plan (the "Award") (to replace a portion of the awards Mr Zawada forfeited at his previous employer, in order to take up his position with the Company), Mr Zawada has undertaken the following transactions in Shares:
On 12 August, Anton Zawada acquired 12,562 Shares for nil consideration.
On 14 August, Anton Zawada sold 5,935 Shares at 181.8 pence per Share to cover the tax liability and dealing costs arising on the vesting of the Award.
The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.
Enquiries:
Andrew Money
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
Anton Zawada
2
Reason for the notification
a)
Position/status
Group Human Resources 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
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
Acquisition of shares following the vesting on 12 August 2020 of an award of shares granted on 11 June 2020 under the Company's 2013 Performance Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 12,562 |
d)
Aggregated information
- Aggregated volume
- Price
12,562
Nil cost
e)
Date of the transaction
2020-08-12
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
Anton Zawada
2
Reason for the notification
a)
Position/status
Group Human Resources 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
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 of shares on 14 August 2020 to satisfy the tax liability arising from a vesting of the award of shares granted on 11 June 2020 under the Company's 2013 Performance Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 181.8 pence | 5,935 |
d)
Aggregated information
- Aggregated volume
- Price
5,935
181.8 pence
e)
Date of the transaction
2020-08-14
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.
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