Director/PDMR Shareholding

RNS Number : 0704C

Essentra plc

14 October 2020

 

Notification and public disclosure of transactions by persons discharging managerial responsibil ity

The notification made on behalf of Persons Discharging Managerial Responsibility ('PDMRs') under article 19.1 of the Market Abuse Regulation ('MAR') relates to transactions made on behalf of Paul Forman, a Director, in Essentra plc.

This announcement is made in accordance with Article 19.3 of MAR Following the vesting of the Company's Long Term Incentive Plan Part B grant of September 2017 (the 'Plan'), Paul Forman has exercised his option over 58,496 Essentra shares , and sold 26,905 shares to meet tax costs. Under the rules of the Plan, the balance of 31,591 Essentra shares are required to be retained until 8 September 2022. The resultant holding held by Paul Forman in Essentra shares is 330,052.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Forman
2	Reason for the notification Transfer and sale of shares, pursuant to the satisfaction of the performance conditions, awarded under the Company's Long Term Incentive Plan Part B grant of September 2017
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Essentra plc
b)	LEI	5493007MOZNA03BVNE96
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 25p shares
	Identification code	GB00B0744359
b)	Nature of the transaction	Transfer and sale of shares
c)	Price(s) and volume(s)
					Volume
			Award date	Price (£)	Shares sold to settle tax liability		Balance of shares retained
			8 September 2017	2.49644	26,905		31,591
d)	Aggregated information
	- Aggregated volume	58,496
	- Price	£146,031.754
e)	Date of the transaction	13 October 2020
f)	Place of the transaction	London Stock Exchange (XLON)

Contact for further information:

Jon Green Company Secretary & General Counsel Tel:  [phone]

A copy of this announcement, together with other information about Essentra plc, may be viewed on its website: www.essentraplc.com

 

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