AI assistant
Rotork PLC Remuneration Information 2021
4645_def-14a_2021-09-21_ddc11da9-649f-42c1-8a50-851d954cafe0.html
Remuneration Information
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 4903M
Rotork PLC
21 September 2021
21 September 2021
Rotork plc (the "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 following Restricted Stock Unit Awards ('RSU Awards') were granted to each of the PDMRs listed below on 21 September 2021.
The RSU Awards will vest in two tranches on 16 May 2022 and 7 April 2023 respectively depending on the outcome of certain conditions.
| Name and position of PDMR | Maximum number of Shares subject to the RSU Awards granted on 20 September 2021 |
| Paul Burke, Chief Information Officer |
71,097 |
| Kathy Callaghan, Group Human Resources Director |
59,937 |
| Kiet Huynh, Managing Director: Water & Power and Chemical, Process and Industrial |
53,457 |
| Neil Manning, Managing Director: Oil & Gas and Site Services |
54,536 |
| Lyndsey Norris, (Interim) Managing Director: Chemical, Process and Industrial |
20,220 |
| Vijay Rao, Strategy and Mergers & Acquisitions Director |
64,681 |
| Grant Wood, Operations Director |
61,807 |
The RSU Awards attract an accrued dividend equivalent entitlement on any vested Shares, with such entitlements to be settled in the form of additional Shares.
The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation.
| 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 Restricted Stock Unit Award | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 71,097 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / closely associated person | ||||
| a) | Name | Kathy Callaghan | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Group Human Resources 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 Restricted Stock Unit Award. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 59,937 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / closely associated person | ||||
| a) | Name | Kiet Huynh | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Managing Director: Water & Power and Chemical, Process and Industrial | |||
| 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 Restricted Stock Unit Award. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 53,457 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / closely associated person | ||||
| a) | Name | Neil Manning | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Managing Director: Oil & Gas and Site Services | |||
| 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 Restricted Stock Unit Award | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 54,536 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | n/a (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | 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 | (Interim) Managing Director: Chemical, Process and Industrial | |||
| 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 Restricted Stock Unit Award | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 20,220 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / closely associated person | ||||
| a) | Name | Vijay Rao | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Strategy and Mergers & Acquisitions 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 Restricted Stock Unit Award | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 64,681 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / closely associated person | ||||
| a) | Name | Grant Wood | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Operations 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 Restricted Stock Unit Award | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| N/A | 61,807 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A (single transaction) | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-09-21 | |||
| f) | Place of the transaction | Outside a trading venue |
The Company can confirm that the above named PDMRs have complied with their respective obligations to notify the Financial Conduct Authority of the above transactions as required under MAR.
- END -
Rotork contacts and telephone number for enquiries:
Tel: +44 (0)1225 733 200
Andrew Carter, Investor Relations Director
Stuart Pain, Group General Counsel & Company Secretary
About Rotork
For more information on Rotork, please visit our website: www.rotork.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHBDGDCLDDDGBB