Director/PDMR Shareholding

RNS Number : 7843L

IMI PLC

15 August 2013

 

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

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4.

(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 DTR 3.1.2R; (ii) a disclosure made in accordance with section 793 of the Companies Act 2006; or (iii) in accordance with paragraph 26 of the Model Code

Disclosure relates to point (i)

3.            Name of person discharging managerial responsibilities/director

Tim Hubbard - PDMR (President, IMI Cornelius Group)

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

Tim Hubbard

8.            State the nature of the transaction

Exercise of award in respect of 977 shares under the IMI Global Employee Share US Stock Purchase Plan 2011, representing the vested portion of the award made in 2011 (satisfied with new issue shares).  Retention of those 977 shares for own account.

9.            Number of shares, debentures or financial instruments relating to shares acquired

977

10.          Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.0003%

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

631.8475 pence per share

14.          Date and place of transaction

14 August 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)

53,927 - 0.02%

Relative to basic salary (calculated at the closing price on 13 August 2013) the level of holding is 256%.

16.          Date issuer informed of transaction

14 August 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 August 2013

 

END

 

 

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