22 March 2022
IMI plc
(the "Company")
Notification of Transaction by Person 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 |
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a) |
Name |
Roy Twite |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Exercise of award in respect of 99,316 shares vesting under the IMI plc Incentive Plan (nil cost option).
Roy Twite sold sufficient shares 46,783 arising from the exercise to cover costs, and retained the balance as shares. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) sold |
Volume retained |
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£14.825 |
46,783 |
52,533 |
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d) |
Aggregated information · Aggregated volume exercised · No of shares retained
· Price |
99,316 52,533
£14.825 |
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e) |
Date of the transaction |
2022-03-21 |
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f) |
Place of the transaction |
London Stock Exchange Main Market (XLON) |
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For further information, please contact:
Louise Waldek
Group General Counsel and Company Secretary
Telephone: 0121 717 3700