Director/PDMR Shareholding

RNS Number : 9604G

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 persons discharging managerial responsibility ('PDMR').

1.         Name of company

Essentra plc

2.         Name of PDMR

PT Sreekumar

3.         Nature of transaction

Transfer of shares under the Company's Deferred Annual Share Bonus Plan ('DASB')

Sale of 69,846 shares at an average price of £9.76. A significant proportion of the funds arising from this sale were used to fund tax and other costs arising from transfer of share awards under the DASB and the Company's Long Term Incentive Plan.

4.         Date of grant

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

Transfer of 22,218 ordinary shares under the DASB

Sale of 69,846 ordinary shares

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

PT Sreekumar holds 322,218 ordinary shares which represents 0.12% 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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