IMI PLC

Director's Dealing • Mar 27, 2024

National Storage Mechanism | Additional information

RNS Number : 5765I

IMI PLC

27 March 2024

27 March 2024  

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		Exercise of performance share award in respect of 121,157 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 57,067 shares to cover tax and dealing costs and 64,090 shares retained.
c)	Price(s) and volume(s)		Price(s)					Volume(s)
nil					121,157 shares exercised
£ 18.1903					57,067 shares sold
d)	Aggregated information ·      Aggregated volume ·      Price		As above
e)	Date of transaction		26 March 2024
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				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				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)          Sale of 23,000 ordinary shares ii)          Exercise of performance share award in respect of 46,203 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 21,768 shares to cover tax and dealing costs and 24,435 shares retained.
c)	Price(s) and volume(s)					Price(s)				Volume(s)
i)			£ 18.1903				23,000 shares sold
ii)			nil				46,203 shares exercised
£ 18.1903				21,768 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price		46,203 44,768 £ 18.1903
e)	Date of transaction		26 March 2024
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			Chief People 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 3,911 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 1,843 shares to cover tax and dealing costs and 2,068  shares retained. ii)          Exercise of performance share award in respect of 19,890 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 9,375 shares to cover tax and dealing costs and 10,515 shares retained.
c)	Price(s) and volume(s)						Price(s)		Volume(s)
i)					nil		3,911 shares exercised
£ 18.1903		1,843 shares sold
ii)					nil		19,890 shares exercised
£ 18.1903		9,375 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price	23,801 11,218 £ 18.1903
e)	Date of transaction	26 March 2024
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		CEO Automation
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 12,369 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 2,580 shares to cover tax and dealing costs and 9,789 shares retained. ii)          Exercise of performance share award in respect of 42,402 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 8,844 shares to cover tax and dealing costs and 33,558 shares retained.
c)	Price(s) and volume(s)			Price(s)	Volume(s)
i)		nil	12,369 shares exercised
£ 18.1903	2,580 shares sold
ii)		nil	42,402 shares exercised
£ 18.1903	8,844 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price	54,771 11,424 £ 18.1903
e)	Date of transaction	26 March 2024
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		Bethany Ferreira
2.	Reason for the notification
a)	Position/status		CEO Life Technology
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 5,151 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 2,426 shares to cover tax and dealing costs and 2,725 shares retained. ii)          Exercise of performance share award in respect of 45,432 shares vesting under the 2021 IMI plc Incentive Plan (nil cost option). Sale of 21,404 shares to cover tax and dealing costs and 24,028 shares retained.
c)	Price(s) and volume(s)			Price(s)	Volume(s)
i)		nil	5,151 shares exercised
£ 18.1903	2,426 shares sold
ii)		nil	45,432 shares exercised
£ 18.1903	21,404 shares sold
d)	Aggregated information ·      Aggregated volume exercised ·      No of shares sold ·      Price	50,583 23,830 £ 18.1903
e)	Date of transaction	26 March 2024
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		Louise Waldek
2.	Reason for the notification
a)	Position/status		Chief Legal & Risk Officer and Company Secretary
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 15,082 shares vesting under the 2021 Restricted Stock Unit as granted under the IMI plc Incentive Plan (nil cost option). Sale of 7,112 shares to cover tax and dealing costs and 7,970 shares retained.
c)	Price(s) and volume(s)			Price(s)	Volume(s)
		nil	15,082 shares exercised
£18.1903	7,112 shares sold
d)	Aggregated information ·      Aggregated volume ·      Price	As above
e)	Date of transaction	26 March 2024
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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