Rotork PLC — Director's Dealing 2023

Apr 6, 2023

National Storage Mechanism | Additional information

RNS Number : 6896V

Rotork PLC

06 April 2023

6 April 2023

Rotork plc ('Company')

Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')

The Company provides notification of the following transactions undertaken outside of a market venue relating to the below named PDMRs and their respective interests in the ordinary shares of nominal value 0.5p each in the capital of the Company ("Shares") (ISIN: GB00BVFNZH21).  

The transactions arise in respect of the 2023 annual award of free Shares made on 6 April 2023 under the Company's HMRC approved Share Incentive Plan ('SIP') to qualifying employees, including the PDMRs. The level of award granted to participants was calculated in accordance with the SIP rules and based on a Share price of £3.1276.

1

Details of the person discharging managerial responsibilities / closely associated person

a)

Name

Kiet Huynh           

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

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

Grant of free share awards under the Rotork Share Incentive Plan.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Per share	£3.1276	1,151
Aggregated	£3,599.87	Single transaction

d)

Date of the transaction

2023-04-06

e)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / closely associated person

a)

Name

Jonathan Mark Davis           

2

Reason for the notification

a)

Position/status

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

Grant of free share awards under the Rotork Share Incentive Plan.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Per share	£3.1276	1,151
Aggregated	£3,599.87	Single transaction

d)

Date of the transaction

2023-04-06

e)

Place of the transaction

Outside a trading venue.

1

Details of the person discharging managerial responsibilities / closely associated person

a)

Name

Paul Burke           

2

Reason for the notification

a)

Position/status

Chief Information Officer

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

Grant of free share awards under the Rotork Share Incentive Plan.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Per share	£3.1276	1,151
Aggregated	£3,599.87	Single transaction

d)

Date of the transaction

2023-04-06

e)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / closely associated person

a)

Name

Katherine Callaghan           

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

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

Grant of free share awards under the Rotork Share Incentive Plan.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Per share	£3.1276	1,151
Aggregated	£3,599.87	Sngle transaction

d)

Date of the transaction

2023-04-06

e)

Place of the transaction

Outside a trading venue.

1

Details of the person discharging managerial responsibilities / closely associated person

a)

Name

Lyndsey Norris

2

Reason for the notification

a)

Position/status

Business Transformation 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

Grant of free share awards under the Rotork Share Incentive Plan.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Per share	£3.1276	1,002
Aggregated	£3,133.85	Single transaction

d)

Date of the transaction

2023-04-06

e)

Place of the transaction

Outside a trading venue.

1

Details of the person discharging managerial responsibilities / closely associated person

a)

Name

Stuart Pain       

2

Reason for the notification

a)

Position/status

Group General Counsel & 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

Grant of free share awards under the Rotork Overseas Profit Linked Share Scheme.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Per share	£3.1276	1,151
Aggregated	£3,599.87	Single transaction

d)

Date of the transaction

2023-04-06

e)

Place of the transaction

Outside a trading venue.

The Company can confirm that each of the above named PDMRs have complied with their respective obligation to notify the Financial Conduct Authority of the above transactions as required under MAR.

-  END -

Rotork contact and telephone number for enquiries:
Stuart Pain, Group General Counsel &  Company Secretary	Tel:  +44 (0)1225 733 200

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