Director/PDMR Shareholding

RNS Number : 7220P

Rotork PLC

04 September 2017

 

Monthly share purchase by Executive Chairman

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 director/person discharging managerial responsibility. 

Acquisition of ordinary shares by Martin Lamb, Executive Chairman, under a monthly rolling share purchase agreement with the Company during the period that he also acts as interim Chief Executive. Martin Lamb has volunteered to invest all the additional net fees that he will receive for undertaking the interim Chief Executive role in the Company's ordinary shares and to hold them for a minimum of two years following purchase.

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

1	Details of the person discharging managerial responsibilities/persons closely associated
a)	Name	Martin Lamb
2	Reason for the notification
a)	Position/status	PDMR/Executive Chairman
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	Monthly acquisition of shares using amounts deducted from net monthly fees of Executive Chairman.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.293	13,985
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	31/08/2017 (GMT)
f)	Place of the transaction	London Stock Exchange

 

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