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DEVRO PLC Director's Dealing 2022
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3369I
Devro PLC
13 April 2022
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibility or Connected Persons
The Company announces transactions on 12 April 2022 in the Company's 10p ordinary shares by the following persons discharging managerial responsibilities in connection with the awards they received on 8 April 2019 under the Company's Performance Share Plan (each the "2019 Award"):
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Rutger Helbing
2
Reason for the notification
a)
Position/status
PDMR (Chief Executive Officer)
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 on exercise of options under the Company's Performance Share Plan (2019 Award)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 137,104 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Rutger Helbing
2
Reason for the notification
a)
Position/status
PDMR (Chief Executive Officer)
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 to meet tax liability arising on exercise of options under the Company's Performance Share Plan (2019 Award).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £2.105 | 66,486 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Michael Lauesgaard
2
Reason for the notification
a)
Position/status
PDMR (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
Acquisition of shares on exercise of options under the Company's Performance Share Plan (2019 Award)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 30,960 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Michael Lauesgaard
2
Reason for the notification
a)
Position/status
PDMR (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
Sale of shares to meet tax liability arising on exercise of options under the Company's Performance Share Plan (2019 Award).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £2.105 | 15,559 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kevin Shoemaker
2
Reason for the notification
a)
Position/status
PDMR (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
Acquisition of shares on the vesting of an award under the Company's Performance Share Plan (2019 Award)
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 30,960 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kevin Shoemaker
2
Reason for the notification
a)
Position/status
PDMR (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
Sale of shares to meet tax liability on their acquisition following vesting of an award under the Company's Performance Share Plan (2019 Award).
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £2.105 | 9,024 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter Whitmore
2
Reason for the notification
a)
Position/status
PDMR (Global Commercial 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
Entitlement to a cash payment on the vesting of a phantom award under the Company's Performance Share Plan (2019 Award), calculated by reference to the middle-market quotation of the Company's shares on 8 April 2022.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £2.165 | 30,960 |
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
2022-04-12
f)
Place of the transaction
Outside a trading venue
Enquiries:
Andrew Money
Company Secretary
Tel: 01236 872261
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