Director/PDMR Shareholding
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14R(1).
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
Please complete all relevant boxes in capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Douglas Hurt - Director and PDMR
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of person named in 3 above.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 25p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Douglas Hurt
8. State the nature of the transaction
Exercise of award in respect of 40,991 shares under the IMI plc Share Matching Plan, representing part of the vested portion of the matching award made in 2009 and dividends paid in shares in respect of the relevant part of the vested portion of the matching award (satisfied with shares held in an employee trust).
Sale of 21,643 shares to raise funds to pay the tax liabilities and dealing charges associated with the aforementioned exercise. Sale of a further 19,348 shares for own account.
Purchase of 9 shares pursuant t0o participation in the IMI Share Purchase Plan (the Company's All Employee Share Ownership Plan)
9. Number of shares, debentures or financial instruments relating to shares acquired
41,000
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.01%
11. Number of shares, debentures or financial instruments relating to shares disposed
40,991
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.01%
13. Price per share or value of transaction
£13.2546 per share for the 40,991 shares sold
£13.30 per share for shares purchased pursuant to participation in the IMI Share Purchase Plan (the Company's All Employee Share Ownership Plan)
14. Date and place of transaction
14 May 2013, London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
224,127 - 0.07%
Relative to basic salary (calculated at the closing price on 14 May 2013) the level of holding is 711% and is 1593% taking in account all vested but unexercised share awards which are counted towards the share ownership guidelines set by the Remuneration Committee.
16. Date issuer informed of transaction
15 May 2013
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
While Mr Hurt has not been granted any options in connection with the transactions disclosed above, in preparing this announcement the Company discovered certain errors in relation to the number of shares over which Mr Hurt currently holds options which it would now like to correct. Under the IMI plc Share Matching Plan, Mr Hurt currently has 604,107 shares under option and not 886,550 shares as was stated in the announcement made on 10 April 2013 (RNS Number 0743C). Under the IMI plc Performance Share Plan, Mr Hurt currently has 348,769 shares under option and not 161,850 shares as was stated in the announcement made on 13 March 2013 (RNS Number 9308Z).
24. Name of contact and telephone number for queries
J O'Shea - Company Secretary - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
J O'Shea - Company Secretary
Date of notification
15 May 2013
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14R(1).
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
Please complete all relevant boxes in capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Martin Lamb - Director and PDMR
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of person named in 3 above.
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 25p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Martin Lamb
8. State the nature of the transaction
Shares purchased pursuant to participation in the IMI Share Purchase Plan (the Company's All Employee Share Ownership Plan)
9. Number of shares, debentures or financial instruments relating to shares acquired
9
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.000003%
11. Number of shares, debentures or financial instruments relating to shares disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
£13.30
14. Date and place of transaction
14 May 2013, London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
229,489 - 0.07%
16. Date issuer informed of transaction
15 May 2013
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
J O'Shea - Company Secretary - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
J O'Shea - Company Secretary
Date of notification
15 May 2013
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14R(1).
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. |
Please complete all relevant boxes in capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Roy Twite - Director and PDMR
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Roy Twite and, to his wife, Hazel Twite (a connected person).
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification relates to Roy Twite and, to his wife, Hazel Twite (a connected person).
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 25p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Roy Twite and Hazel Twite
8. State the nature of the transaction
Sale of 71,931 shares in the name of Mrs Hazel Ann Twite sold for own account.
Purchase of 9 shares pursuant to participation in the IMI Share Purchase Plan (the Company's All Employee Share Ownership Plan).
9. Number of shares, debentures or financial instruments relating to shares acquired
9 shares
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.000003%
11. Number of shares, debentures or financial instruments relating to shares disposed
71,931
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.02%
13. Price per share or value of transaction
£13.294552 per share for the 71,931 shares sold
£13.30 per share for shares purchased pursuant to participation in the IMI Share Purchase Plan (the Company's All Employee Share Ownership Plan)
14. Date and place of transaction
15 May 2013, London. In respect of the sale of shares by Mrs Twite.
14 May 2013, London. In respect of the purchase of shares by Mr Twite.
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
133,639 - 0.04%
Relative to basic salary (calculated at the closing price on 14 May 2013) the level of holding is 424% and is 683% taking in account all vested but unexercised share awards which are counted towards the share ownership guidelines set by the Remuneration Committee
Mr Twite's total holding referred to above has been calculated by adding the 9 shares purchased pursuant to participation in the IMI Share Purchase Plan as described above, then deducting the 71,931 shares sold by Mrs Twite to the 205,561 shares previously held by him. Note that in preparing this announcement the Company discovered that the most recent announcement regarding Mr Twite's total shareholding made on 10 April 2013 (RNS Number 0743C) incorrectly stated that Mr Twite's total holding was 186,427 when in fact it should have been 205,561.
16. Date issuer informed of transaction
15 May 2013
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
J O'Shea - Company Secretary - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
J O'Shea - Company Secretary
Date of notification
15 May 2013
END
This information is provided by RNS
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