Director/PDMR Shareholding

RNS Number : 5343B

Electrocomponents PLC

10 January 2018

 

ELECTROCOMPONENTS PLC

(the "Company")

Director/PDMR and PCA Shareholding

The Company has been notified that Lindsley Ruth, Chief Executive Officer of the Company, acquired 256,892 ordinary shares of 10p each in the Company (the "Ordinary Shares") on 9 January 2018 pursuant to an award granted to him on 21 May 2015 under the Recruitment Plan 2015 after joining the Company (as disclosed in the Annual Report & Accounts for the year ended 31 March 2016).

On acquisition, Mr Ruth sold 121,164 Ordinary Shares at a price of 626.1p per Ordinary Share to satisfy taxation and national insurance liabilities and dealing fees.  He retained the balance of 135,728 Ordinary Shares.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

The Company makes the following notification pursuant to the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lindsley Ruth
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Electrocomponents plc
b)	LEI	549300KVXDURRKVW7R37
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	10 pence ordinary shares
	Identification code	GB0003096442
b)	Nature of the transaction	Acquisition on vesting and sale
c)	Price(s) and volume(s)
			Acquisition Price(s)	Volume(s)
			£6.261	256,892
			Sale Price(s)	Volume(s)
			£6.261	121,164
d)	Aggregated information
	-     Aggregated volume	Not applicable
	-     Price	Not applicable
e)	Date of the transaction	9 January 2018
f)	Place of the transaction	London SE XLON

 

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