Director/PDMR Shareholding

RNS Number : 8987A

Rotork PLC

29 March 2017

 

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a person discharging managerial responsibility.

-     Vesting of 5,262 executive share incentive award shares to Grant Hunter Wood (Divisional Managing Director - Rotork Controls) and the subsequent sale of 2,474 shares to cover tax and NI liabilities and a further 2,788 shares.

The notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Grant Hunter Wood
2	Reason for the notification
a)	Position/status	PDMR (Divisional Managing Director - Rotork Controls)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
	Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Vesting of 5,262 executive share incentive award shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NIL consideration	5,262
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	2017-03-24 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Grant Hunter Wood
2	Reason for the notification
a)	Position/status	PDMR (Divisional Managing Director - Rotork Controls)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
	Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Sale of 2,474 shares to cover tax and NI liabilities and a further 2,788 shares following vesting of executive share incentive award shares.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.47	5,262
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	2017-03-24 (GMT)
f)	Place of the transaction	Outside a trading venue

 

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