Director/PDMR Shareholding

RNS Number : 9211S
IMI PLC
19 March 2021
 

19 March 2021

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. Jun Hu

2. Daniel Shook

3. Roy Twite

2.

Reason for the notification

a)

Position/status

1. Divisional Managing Director

2. Chief Financial Officer

3. 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 2,500 shares vesting under the 2011 IMI Share Option Plan (satisfied with shares held in an employee trust). Sale of 2,155 shares to cover tax and dealing costs and 345 shares retained.

 

1b  Exercise of award in respect of 5,300 shares vesting under the 2012 IMI Share Option Plan (satisfied with shares held in an employee trust). Sale of 4,586 shares to cover tax and dealing costs and 714 shares retained.

 

1c  Exercise of award in respect of 7,550 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 3,573 shares to cover tax and dealing costs and 3,977 shares retained.

 

2a  Exercise of award in respect of 38,189 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 17,992 shares to cover tax and dealing costs and 20,197 shares retained.

 

2b  Exercise of Deferred Bonus Shares award in respect of 24,941 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 11,751 shares to cover tax and dealing costs and 13,190 shares retained.

 

3  Exercise of award in respect of 55,096 shares vesting under the IMI plc Incentive Plan (nil cost option). Sale of 25,959 shares to cover tax and dealing costs and 29,137 shares retained.

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

1a  £13.1811

1b  £13.1811

1c  £13.1811

2a  £13.1811

2b  £13.1811

3  £13.1811

2,155

4,586

3,573

17,992

11,751

25,959

d)

Aggregated information

· Aggregated volume

· Price

N/A

e)

Date of the transaction

18 March 2021

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: 0121 717 3700

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Companies

IMI (IMI)
UK 100