Rotork PLC — Director's Dealing 2018

Mar 8, 2018

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RNS Number : 1888H

Rotork PLC

08 March 2018

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 0.5p shares undertaken by directors/persons discharging managerial responsibility. 

Awards of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010). A participant will normally be entitled to exercise their award and receive shares three years from grant subject to performance conditions and continued employment. The vesting of the award will depend on total shareholder return, earnings per share and return on capital (economic profit) over a three year performance period.

Participant Name	Job Title	Award
Kevin George Hostetler	Group Chief Executive	340,393
Jonathan Mark Davis	Group Finance Director	163,461
Stephen Rhys Jones	Group Legal Director and Company Secretary	50,950
David Andrew Littlejohns	Managing Director - Rotork Fluid Systems	50,407
Grant Hunter Wood	Managing Director - Rotork Controls	57,802

The notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin George Hostetler
2	Reason for the notification
a)	Position/status	PDMR (Group Chief Executive)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010).
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		NIL consideration	340,393
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	07/03/2018 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Mark Davis
2	Reason for the notification
a)	Position/status	PDMR (Group 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	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010).
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		NIL consideration	163,461
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	07/03/2018 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Rhys Jones
2	Reason for the notification
a)	Position/status	PDMR (Group Legal Director 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	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010).
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		NIL consideration	50,950
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	07/03/2018 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Andrew Littlejohns
2	Reason for the notification
a)	Position/status	PDMR (Managing Director - Rotork Fluid Systems)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010).
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		NIL consideration	50,407
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	07/03/2018 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Grant Hunter Wood
2	Reason for the notification
a)	Position/status	PDMR (Managing Director - Rotork Controls)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Acquisition of an interest arising from the award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010).
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		NIL consideration	57,802
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	07/03/2018 (GMT)
f)	Place of the transaction	Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

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