Director/PDMR Shareholding

RNS Number : 9599G

Essentra plc

09 March 2015

 



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

The Company was advised on 6 March 2015 of the following notification made in accordance with Disclosure Rule 3.1.4R(1), and in accordance with Section 793 of the Companies Act 2006, for Directors of the Company.

1.         Name of company

Essentra plc

2.         Name of Director

Matthew Gregory

3.         Nature of transaction

Sale of shares vesting under the Company's Long Term Incentive Plan Part B ('LTIP B') following satisfaction of performance conditions to cover tax liability and associated costs and transfer of balance of shares to spouse, Charlotte Gregory.

Sale of shares transferred under the Company's Deferred Annual Share Bonus Plan ('DASB') to cover tax liability and associated costs and transfer of balance of shares to spouse, Charlotte Gregory.

Sale of shares where appropriate at a price of £9.75.

4.         Date of grant

LTIP B -  August 2011

DASB  -  March 2012

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

Transaction	Number of options vesting or shares transferred	Number of shares sold to fund the tax liability and other costs	Number of shares retained and transferred to spouse	Balance Sold
LTIP B	16,553	7,765	8,788	0
DASB	13,425	6,353	7,072	0

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

n/a

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

Matthew Gregory holds 95,361 ordinary shares which represents 0.03% of the Company's current voting rights

10.       Any additional information

N/A 

11.       Name of contact and telephone number for queries

Jon Green 01908 359 100

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

Jon Green, Company Secretary & General Counsel

Date of Notification

9 March 2015

 

END

 

 

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