Director/PDMR Shareholding

RNS Number : 7833A

Essentra plc

24 February 2014

 



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

In accordance with Disclosure Rule 3.1.4R(1), and in accordance with Section 793 of the Companies Act 2006, the Company was advised on 24 February 2014 of the following director who has acquired an interest in the ordinary share capital of Essentra plc (the 'Company):

1.         Name of company

Essentra plc

2.         Name of director

Matthew Gregory

3.         Nature of transaction

·   Transfer of 12,953 shares awarded under the Company's Long Term Incentive Plan Unapproved Part A in September 2006 following satisfaction of performance conditions.  Sale of 7,987 shares at a price of £8.81 to settle the option cost of £2.39 per share, tax and other transaction costs (the 'Cost').

·   Transfer of 29,288 shares awarded under the Company's Long Term Incentive Plan Unapproved Part A in August 2007 following satisfaction of performance conditions.  Sale of 18,337 shares at a price of £8.81 to settle the option cost of £2.5475 per share, tax and other transaction costs (the 'Cost').

4.         Date of grant

n/a

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 transferred	Number of shares sold to settle the Cost	Balance of shares transferred
	42,241	26,324	15,917

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

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

	Number	% holding
	41,233	0.0002

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

24 February 2014

 

END

 

 

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