Rotork PLC — Director's Dealing 2018

Mar 16, 2018

National Storage Mechanism | Additional information

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RNS Number : 0416I

Rotork PLC

16 March 2018

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a person discharging managerial responsibility and a person closely associated with a person discharging managerial responsibility.

-     Vesting of 5,262 executive share incentive award shares to Grant Wood (Divisional Managing Director - Rotork Controls) and the subsequent sale of 2,474 shares to cover tax and NI liabilities and a further 1,394 shares and a transfer of 1,394 shares to a person closely associated.

The notification set out below is 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	Grant Wood
2	Reason for the notification
a)	Position/status	PDMR (Divisional 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	Vesting of 5,262 executive share incentive award shares
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		NIL consideration	5,262
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	2018-03-15 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Grant Wood
2	Reason for the notification
a)	Position/status	PDMR (Divisional 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	Sale of 2,474 shares to cover tax and NI liabilities, the sale of a further 1,394 shares.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£2.77	3,868
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	2018-03-15 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Grant Wood
2	Reason for the notification
a)	Position/status	PDMR (Divisional 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	Disposal
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£2.77	1,394
d)	Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
e)	Date of the transaction	2018-03-15 (GMT)
f)	Place of the transaction	Outside a trading venue

Details of the person discharging managerial responsibilities / person closely associated
Name	Elizabeth Claire Wood
Reason for the notification
Position/status	PCA with PDMR, Grant Wood - Divisional Managing Director - Rotork Controls
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Rotork plc
LEI	213800AH5RZIHGWRJ718
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
Description of the financial instrument, type of instrument	Ordinary 0.5p shares
Identification code	ISIN GB00BVFNZH21
Nature of the transaction	Acquisition
Price(s) and volume(s)
		Price(s)	Volume(s)
		£2.77	1,394
Aggregated information
- Aggregated volume	n/a (single transaction)
- Price
Date of the transaction	2018-03-15 (GMT)
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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