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DEVRO PLC Director's Dealing 2020

Dec 18, 2020

4717_dirs_2020-12-18_933a0995-c73a-4f9e-8ab3-ce1e1742d4ba.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 2134J

Devro PLC

18 December 2020

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

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

Devro plc announces that Beverley Munro, Group Business Excellence Director and PDMR, has advised the Company that on 17 December 2020 she exercised nil-price options over 13,460 Devro plc 10p Ordinary Shares ("Shares") under the Devro 2009 Deferred Share Bonus Plan, and on 18 December sold 9,815 Shares at 1.466 pence per share in order to satisfy the payment of income tax and incidental fees arising from this transaction.

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

Beverley Munro

2

Reason for the notification

a)

Position/status

PDMR (Group Business Excellence 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

Acquisition of shares following the vesting on 17 December 2020 of the award of shares made on 9 March 2011 and 22 March 2016 under the Devro 2009 Deferred Share Bonus Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil cost 5,830
Nil cost 7,630

d)

Aggregated information

- Aggregated volume

- Price

13,460

Nil cost

e)

Date of the transaction

2020-12-17

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

Beverley Munro

2

Reason for the notification

a)

Position/status

PDMR (Group Business Excellence 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 of shares arising from a vesting of the award of shares made on 9 March 2011 and 22 March 2016 under the Devro 2009 Deferred Share Bonus Plan in order to satisfy the payment of income tax and incidental fees arising from this transaction.

c)

Price(s) and volume(s)

Price(s) Volume(s)
£1.466 9,815

d)

Aggregated information

- Aggregated volume

- Price

e)

Date of the transaction

2020-12-18

f)

Place of the transaction

London Stock Exchange (XLON)

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END

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