Director/PDMR Shareholding

RNS Number : 0409I

Rotork PLC

16 March 2018

 

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 4,498 executive share incentive award shares to David Andrew Littlejohns (Divisional Managing Director - Rotork Fluid Systems) and the subsequent sale of 2,114 shares to cover tax and NI liabilities and a further 2,384 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	David Andrew Littlejohns
2	Reason for the notification
a)	Position/status	PDMR (Divisional Managing Director - Rotork Fluid Systems)
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 4,498 executive share incentive award shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NIL consideration	4,498
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	2018-03-15 (GMT)
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Andrew Littlejohns
2	Reason for the notification
a)	Position/status	PDMR (Divisional Managing Director - Rotork Fluid Systems)
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 2,114 shares to cover tax and NI liabilities and a further 2,384 shares following vesting of executive share incentive award shares.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.77	4,498
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	2018-03-15 (GMT)
f)	Place of the transaction	Outside a trading venue

 

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