Director's shareholding and changes in equity

RNS Number : 5283Q

Porvair PLC

30 November 2016

 

FOR IMMEDIATE RELEASE                                                                             

Porvair plc ("Porvair" or the "Company")

Director's shareholding and changes in equity

The Company has been notified of the following purchases of ordinary shares of 2 pence each in the Company ("Shares") by Ben Stocks, Chief Executive, pursuant to the Company's dividend reinvestment plan.

Director	Date of purchase	Number of Shares purchased	Purchase price
Ben Stocks	3 June 2016	3,997	334p
	2 September 2016	2,247	386p

Following these dealings, Ben Stocks is interested in 665,731 Shares, representing approximately 1.47 per cent. of the Company's issued share capital.

Following the issue of 150,928 new Shares to satisfy the exercise of SAYE share options during October and November 2016 and 25,000 new Shares to satisfy the exercise of EMI share options in July 2016, the Company has 45,307,680 Shares in issue. There are no Shares held in treasury.  Therefore, the total number of voting rights in the Company following the issue of the new Shares is 45,307,680. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Porvair plc	01553 765 500
Chris Tyler, Group Finance Director
Buchanan Communications	0207 466 5000
Charles Ryland / Stephanie Watson

Notes to Editors

Porvair is a group of specialist filtration and environmental technology businesses.  Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets.  Its principal markets are aviation, energy and industrial process, environmental laboratories and non-ferrous metals.

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ben Stocks
2.	Reason for the notification
a.	Position/status	Chief Executive
b.	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Porvair plc
b.	LEI	N/A
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the Financial instrument, type of instrument Identification code	Ordinary shares of 2 pence each ISIN: GB0006963689
b.	Nature of the transaction	Purchase of shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 334p 3,997 386p 2,247
d.	Aggregated information ·      Aggregated volume ·      Price	3,997 shares at 334p 2,247 shares at 386p
e.	Date of the transaction	2016-06-03 and 2016-09-02
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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