IMI PLC — Director's Dealing 2023

Mar 27, 2023

National Storage Mechanism | Additional information

RNS Number : 3327U

IMI PLC

27 March 2023

27 March 2023              

IMI plc

(the "Company")

Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name				Roy Twite
2.	Reason for the notification
a)	Position/status				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				IMI plc
b)	LEI				2138002W9Q21PF751R30
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument  Identification code		Ordinary share   GB00BGLP8L22
b)	Nature of the transaction		i)          Exercise of Deferred Bonus Shares award in respect of 21,386 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 10,073 shares to cover tax and dealing costs and 11,313 shares retained. ii)          Exercise of award in respect of 158,800 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 74,795 shares to cover tax and dealing costs and 84,005 shares retained.
c)	Price(s) and volume(s)					Price(s)		Volume(s)
i)			nil		21,386 shares exercised
£14.925		10,073 shares sold
ii)			nil		158,800 shares exercised
£14.925		74,795 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price		180,186 84,868 £14.925
e)	Date of transaction		23 March 2023
f)	Place of transaction		Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON)
1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name				Daniel Shook
2.	Reason for the notification
a)	Position/status				Finance Director
b)	Initial notification/ Amendment				Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name				IMI plc
b)	LEI				2138002W9Q21PF751R30
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument  Identification code		Ordinary share   GB00BGLP8L22
b)	Nature of the transaction		i)          Exercise of Deferred Bonus Shares award in respect of 8,185 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 3,856 shares to cover tax and dealing costs and 4,329 shares retained. ii)          Exercise of award in respect of 60,560 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 28,530 shares to cover tax and dealing costs and 32,030 shares retained.
c)	Price(s) and volume(s)					Price(s)		Volume(s)
i)			nil		8,185 shares exercised
£14.925		3,856 shares sold
ii)			nil		60,560 shares exercised
£14.925		28,530 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price		68,745 32,386 £14.925
e)	Date of transaction		23 March 2023
f)	Place of transaction		Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON)
1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name			Elizabeth Rose
2.	Reason for the notification
a)	Position/status			Group HR Director
b)	Initial notification/ Amendment			Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			IMI plc
b)	LEI			2138002W9Q21PF751R30
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Ordinary share   GB00BGLP8L22
b)	Nature of the transaction	Exercise of award in respect of 7,651 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 3,609 shares to cover tax and dealing costs and 4,042 shares retained.
c)	Price(s) and volume(s)	Price(s)					Volume(s)
nil					7,651 shares exercised
£14.793					3,609 shares sold
d)	Aggregated information ·      Aggregated volume ·      Price	As above
e)	Date of transaction	24 March 2023
f)	Place of transaction	Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON)

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)			Name		Philip Clifton
2.			Reason for the notification
a)			Position/status		Divisional Managing Director
b)			Initial notification/ Amendment		Initial Notification
3.			Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)			Name		IMI plc
b)			LEI		2138002W9Q21PF751R30
4.			Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)			Description of the financial instrument, type of instrument   Identification code	Ordinary share   GB00BGLP8L22
b)			Nature of the transaction	i)          Exercise of Deferred Bonus Shares award in respect of 13,338 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 6,273 shares to cover tax and dealing costs and 7,065 shares retained. ii)          Exercise and sale of award in respect of 52,264 shares vesting under the IMI plc Incentive Plan (nil cost option).
c)			Price(s) and volume(s)			Price(s)	Volume(s)
i)		nil	13,338 shares exercised
£14.793	6,273 shares sold
ii)		nil	52,264 shares exercised
£14.925	52,264 shares sold
d)			Aggregated information ·      Aggregated volume ·      Price	As above
e)			Date of transaction	i)          24 March 2023 ii)          23 March 2023
f)			Place of transaction	Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON)

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Jun Hu
2.	Reason for the notification
a)	Position/status		Divisional Managing Director
b)	Initial notification/ Amendment		Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		IMI plc
b)	LEI		2138002W9Q21PF751R30
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Ordinary share   GB00BGLP8L22
b)	Nature of the transaction	iii)         Exercise of Deferred Bonus Shares award in respect of 10,758 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 1,392 shares to cover tax and dealing costs and 9,366 shares retained. iv)         Exercise of award in respect of 55,578 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 7,193 shares to cover tax and dealing costs and 48,385 shares retained.
c)	Price(s) and volume(s)			Price(s)	Volume(s)
i)		nil	10,758 shares exercised
£14.925	1,392 shares sold
ii)		nil	55,578 shares exercised
£14.925	7,193 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price	66,336 8,585 £14.925
e)	Date of transaction	23 March 2023
f)	Place of transaction	Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON)

For further information, please contact:

Fran Burge

Assistant Company Secretary

Telephone: 0121 717 3700

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