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Rotork PLC — Director's Dealing 2018
Mar 16, 2018
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Director's Dealing
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RNS Number : 0409I
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.
- Vesting of 4,498 executive share incentive award shares to David Andrew Littlejohns (Divisional Managing Director - Rotork Fluid Systems) and the subsequent sale of 2,114 shares to cover tax and NI liabilities and a further 2,384 shares.
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 | David Andrew Littlejohns | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR (Divisional 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 | Vesting of 4,498 executive share incentive award shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| NIL consideration | 4,498 | ||||
| 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 | David Andrew Littlejohns | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR (Divisional 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 | Sale of 2,114 shares to cover tax and NI liabilities and a further 2,384 shares following vesting of executive share incentive award shares. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £2.77 | 4,498 | ||||
| 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 |
This information is provided by RNS
The company news service from the London Stock Exchange
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