Director/PDMR Shareholding

RNS Number : 2234G

Rotork PLC

02 November 2018

 

Director/PDMR Shareholding

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

Award of 49,366 nil cost options to Kathy Callaghan, Group Human Resources Director under the rules of the Rotork Long Term Share Incentive Plan (2010). A participant will normally be entitled to exercise their award and receive shares three years from grant subject to performance conditions and conintued employment. The vesting of the award will depend on total shareholder return, earnings per share and return on capital (economic profit) performance over a three year.

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 / person closely associated
a)	Name	Kathy Callaghan
2	Reason for the notification
a)	Position/status	PDMR (Group Human Resources Director)
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	Acquisition of an interest arising from award of nil cost options under the rules of the Rotork Long Term Share Incentive Plan (2010).
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NIL consideration	49,366
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	2018-11-01 (GMT)
f)	Place of the transaction	Outside a trading venue

 

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