Director/PDMR Shareholding

RNS Number : 2345R

IMI PLC

23 October 2013

 

IMI plc

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 3.14 R(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 block 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

Mark Selway - 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 Mark Selway

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 the 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

Mark Selway

8.            State the nature of the transaction

Award of shares under the IMI plc Performance Share Plan ("PSP") as detailed below

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

N/A

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

N/A

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

N/A 

14.          Date and place of transaction

N/A 

15.          Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Nil 

16.          Date issuer informed of transaction

22 October 2013 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.          Date of grant

22 October 2013 

18.          Period during which or date on which it can be exercised

Under normal circumstances, the awards will vest on 22 October 2016 subject to the applicable performance conditions being met and will be exercisable until 22 October 2023.

19.          Total amount paid (if any) for grant of the option

No consideration was paid for the grant of the option.

20.          Description of shares or debentures involved (class and number)

Award in the form of nil cost options granted under the PSP over 98,792 Ordinary Shares of 25p each.

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

Nil 

22.          Total number of shares or debentures over which options held following notification

98,792 shares are subject to outstanding awards under the PSP.

23.          Any additional information

None 

24.          Name of contact and telephone number for queries

H Afford - Senior Corporate Counsel - 0121 717 3700 

Name and signature of duly authorised officer of issuer responsible for making notification

H Afford - Senior Corporate Counsel

Date of notification

23 October 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 3.14 R(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 block 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

Paul Roberts - (Group Business Development Director)

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 Paul Roberts

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 the 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

Paul Roberts

8.            State the nature of the transaction

Award of shares under the IMI plc Share Option Plan ("SOP") as detailed below

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

N/A

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

N/A

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

N/A 

14.          Date and place of transaction

N/A 

15.          Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Nil 

16.          Date issuer informed of transaction

22 October 2013 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.          Date of grant

22 October 2013 

18.          Period during which or date on which it can be exercised

Under normal circumstances, the awards will vest on 22 October 2016 and will lapse, to the extent that they are not exercised, on 22 October 2023.

19.          Total amount paid (if any) for grant of the option

No consideration was paid for the grant of the option.

20.          Description of shares or debentures involved (class and number)

Award in the form of share options granted under the SOP over 60,000 Ordinary Shares of 25p each.

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

£15.1833 per share 

22.          Total number of shares or debentures over which options held following notification

60,000 shares are subject to outstanding awards under the SOP.

23.          Any additional information

None 

24.          Name of contact and telephone number for queries

H Afford - Senior Corporate Counsel - 0121 717 3700 

Name and signature of duly authorised officer of issuer responsible for making notification

H Afford - Senior Corporate Counsel

Date of notification

23 October 2013

 

END

 

 

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