Director/PDMR Shareholding

RNS Number : 7393B

Essentra plc

06 March 2014

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure Rule 3.1.4R(1), the Company was advised on 5 March 2014 of the following person discharging managerial responsibility ('PDMR') who have acquired an interest in the ordinary share capital of Essentra plc (the 'Company):

1.         Name of company

Essentra plc

2.         Name of directors/PDMR

            Jon Green

3.         Nature of transaction

(i)    Transfer of 21,287 shares granted in August 2010 and transfer of 35,075 shares granted in February 2011 under the Company's Long Term Incentive Plan Part B.  The transfer is following confirmation of the satisfaction of the performance conditions

(ii)   Transfer of 22,480 shares under the Company's Deferred Annual Share Bonus Plan granted March 2011 and held in Trust.

(iii)  Sale of shares was at an average price of £8.87 in part to settle tax liability and other costs associated with the transfer

4.         Date of grant

As above

5.         Period during which or date on which exercisable

n/a

6.         Total amount paid (if any) for grant of the option

n/a

7.         Description of shares or debentures involved: class, number

Number of 25p ordinary shares	Shares sold to settle tax liability	Shares retained	Shares sold
78,842	37,057	20,375	21,410

8.         Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

nil

9.         Total number of 25p ordinary shares held following this notification

            Jon Green                   75,000 shares             0.032%

23.       Any additional information

N/A 

24.       Name of contact and telephone number for queries

Patricia Kendall 01908 359 100

25.       Name and signature of authorised company official responsible for making this notification

Jon Green, Company Secretary & General Counsel

Date of Notification

6 March 2014

 

END

 

 

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