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DEVRO PLC — Remuneration Information 2020
Apr 16, 2020
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Remuneration Information
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National Storage Mechanism | Additional information
RNS Number : 9450J
Devro PLC
16 April 2020
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 or on equivalent terms to the Devro plc Performance Share Plan:
| Name of Participant | Status | No. of Devro 10p Ord Shares comprised in the award |
| Rutger Helbing | Director/CEO | 345,847 |
| Jackie Callaway | Director/CFO | 221,514 |
| Michael Lauesgaard | PDMR | 74,128 |
| Beverley Munro | PDMR | 67,948 |
| Kevin Shoemaker | PDMR | 92,918 |
| Peter Whitmore | PDMR | 82,9591 |
| Anton Zawada | PDMR | 65,247 |
| Total | 950,561 |
[1] Phantom award giving a right to receive cash equal in value to the number of Ordinary Shares comprised in the award.
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:
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
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
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 345,847 |
d)
Aggregated information
- Aggregated volume
- Price
345,847
Nil cost
e)
Date of the transaction
2020-04-15
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
Jackie Callaway
2
Reason for the notification
a)
Position/status
PDMR (Chief Financial 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
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 221,514 |
d)
Aggregated information
- Aggregated volume
- Price
221,514
Nil cost
e)
Date of the transaction
2020-04-15
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
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
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 74,128 |
d)
Aggregated information
- Aggregated volume
- Price
74,128
Nil cost
e)
Date of the transaction
2020-04-15
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
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 67,948 |
d)
Aggregated information
- Aggregated volume
- Price
67,948
Nil cost
e)
Date of the transaction
2020-04-15
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
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
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 92,918 |
d)
Aggregated information
- Aggregated volume
- Price
92,918
Nil cost
e)
Date of the transaction
2020-04-15
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
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
Phantom award (right to cash equivalent to value of Devro plc shares)
b)
Nature of the transaction
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 82,959 |
d)
Aggregated information
- Aggregated volume
- Price
82,959
Nil cost
e)
Date of the transaction
2020-04-15
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
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
Grant of award
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil cost | 65,247 |
d)
Aggregated information
- Aggregated volume
- Price
65,247
Nil cost
e)
Date of the transaction
2020-04-15
f)
Place of the transaction
Outside a trading venue
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