Director/PDMR Shareholding

IMI PLC

12 April 2024

 

12 April 2024                

IMI PLC (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

The Company announces the following transaction by PDMRs in the Company's ordinary shares ("Shares"). 

Pursuant to invitations issued on Monday 11 March 2024 to all eligible UK employees, 15,057 Shares were awarded on 11 April 2024 under the IMI Employee Share Ownership Plan (the "ESOP"). The ESOP is an all-employee scheme which gives the opportunity to eligible UK employees to receive free Shares at market value up to a maximum value of £3,600.

Shares are held within the ESOP trust until an employee leaves or sells their award. Eligible employees make no consideration to receive these awards. However, there are different tax treatments depending on how long the Shares remain within the ESOP trust. The price on the day of the award was £17.95 per share.

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Roy Twite
2.	Reason for the notification
a)	Position/status		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	Award of Free shares under the all-employee HMRC Employee Share Ownership Plan.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£17.95		200
d)	Aggregated information ·      Aggregated volume ·      Price	N/A Single transaction
e)	Date of the transaction	11 April 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Daniel Shook
2.	Reason for the notification
a)	Position/status		Chief Financial 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	Award of Free shares under the all-employee HMRC Employee Share Ownership Plan.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£17.95		200
d)	Aggregated information ·      Aggregated volume ·      Price	N/A Single transaction
e)	Date of the transaction	11 April 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Elizabeth Rose
2.	Reason for the notification
a)	Position/status		Chief People 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	Award of Free shares under the all-employee HMRC Employee Share Ownership Plan.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£17.95		142
d)	Aggregated information ·      Aggregated volume ·      Price	N/A Single transaction
e)	Date of the transaction	11 April 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Bethany Ferreira
2.	Reason for the notification
a)	Position/status		CEO Life Technology
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	Award of Free shares under the all-employee HMRC Employee Share Ownership Plan.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£17.95		200
d)	Aggregated information ·      Aggregated volume ·      Price	N/A Single transaction
e)	Date of the transaction	11 April 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name		Louise Waldek
2.	Reason for the notification
a)	Position/status		Chief Legal & Risk Officer and Company Secretary
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	Award of Free shares under the all-employee HMRC Employee Share Ownership Plan.
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		£17.95		125
d)	Aggregated information ·      Aggregated volume ·      Price	N/A Single transaction
e)	Date of the transaction	11 April 2024
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

Fran Burge

Assistant Company Secretary
Telephone: [phone]

 

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