Director/PDMR Shareholding

RNS Number : 6960G

IMI PLC

18 March 2020

 

18 March 2020

IMI PLC
(the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		1. Massimo Grassi 2. Jun Hu 3. Daniel Shook 4. Roy Twite
2.	Reason for the notification
a)	Position/status		1. Divisional Managing Director 2. Divisional Managing Director 3. Chief Financial Officer 4. Chief Executive Officer
b)	Initial notification/ Amendment		Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		IMI plc
b)	LEI		2138002W9Q21PF751R30
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Ordinary share   GB00BGLP8L22
b)	Nature of the transaction	1a  Exercise of award in respect of 46,687 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 21,988 shares to cover tax and dealing costs and 24,699 shares retained. 1b  Exercise of Deferred Bonus Shares award in respect of 11,134 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 5,245 shares to cover tax and dealing costs and 5,889 shares retained. 2a  Exercise of award in respect of 5,200 shares vesting under the IMI plc Incentive Plan (nil cost option). 2b  Exercise of Deferred Bonus Shares award in respect of 5,002 shares vesting under the IMI plc Incentive Plan (nil cost option). 3a  Exercise of award in respect of 25,759 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 12,132 shares to cover tax and dealing costs and 13,627 shares retained. 3b  Exercise of Deferred Bonus Shares award in respect of 10,976 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 5,170 shares to cover tax and dealing costs and 5,806 shares retained. 4  Exercise of award in respect of 38,043 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 17,917 shares to cover tax and dealing costs and 20,126 shares retained and transferred into spouse's name.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		1a  £7.888 1b  £7.888 3a  £7.888 3b  £7.888 4  £7.888		21,988 5,245 12,132 5,170 17,917
d)	Aggregated information · Aggregated volume · Price	N/A
e)	Date of the transaction	17 March 2020
f)	Place of the transaction	London Stock Exchange Main Market (XLON)

For further information, please contact:

John O'Shea
Group Legal Director and Company Secretary
Telephone: [phone]

 

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