Director/PDMR Shareholding

RNS Number : 2437C

Electrocomponents PLC

17 June 2021

 

ELECTROCOMPONENTS PLC

("the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs')

Electrocomponents plc (the 'Company') announces the following transactions in ordinary shares of 10p each in the Company (the 'Shares'):

On 15 June 2021, conditional awards of Shares granted on 7 June 2018 under the Electrocomponents Long Term Incentive Plan 2016 ('LTIP') and on 3 June 2019 under the Deferred Share Bonus Plan ('DSBP') vested to the following Directors / PDMRs:

Director / PDMR	Number of LTIP awards vested	Number of DSBP awards vested
Lindsley Ruth	97,505	34,852
David Egan	53,078	22,767
Mike England	21,134	11,885

The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

Ian Haslegrave

Company Secretary

17 June 2021

LEI: 549300KVXDURRKVW7R37

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	Vesting of: -  conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and -  conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008 .
c)	Price(s) and volume(s)
				Price(s)		Volume(s)
				Nil		97,505
				Nil		34,852
d)	Aggregated information
	- Aggregated volume	132,357
	- Price	Nil
e)	Date of the transaction	2021-06-15
f)	Place of the transaction	Outside a trading venue
5.	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		Sale of shares to cover tax liabilities and sale costs arising on vesting of: -  conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and -  conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan.
c)	Price(s) and volume(s)
					Price(s)		Volume(s)
					GBP10.4199		42,738
					GBP10.4199		14,717
d)	Aggregated information
	- Aggregated volume		57,455
	- Price		GBP598,675.35
e)	Date of the transaction		2021-06-15
f)	Place of the transaction		London Stock Exchange XLON

1 .	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Egan
2.	Reason for the notification
a)	Position/status	Chief Financial 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	Vesting of: -  conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and -  conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	53,078
			Nil	22,767
d)	Aggregated information
	- Aggregated volume	75,845
	- Price	Nil
e)	Date of the transaction	2021-06-15
f)	Place of the transaction	Outside a trading venue
5.	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	Sale of shares to cover tax liabilities and sale costs arising on vesting of: -  conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and -  conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP10.4199	25,022
			GBP10.4199	10,733
d)	Aggregated information
	- Aggregated volume	35,755
	- Price	GBP372,563.53
e)	Date of the transaction	2021-06-15
f)	Place of the transaction	London Stock Exchange XLON

1 .	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike England
2.	Reason for the notification
a)	Position/status	Chief Operating 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	Vesting of: -  conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and -  conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	21,134
			Nil	11,885
d)	Aggregated information
	- Aggregated volume	33,019
	- Price	Nil
e)	Date of the transaction	2021-06-15
f)	Place of the transaction	Outside a trading venue
5.	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	Sale of shares to cover tax liabilities and sale costs arising on vesting of: -  conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and -  conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			GBP10.4199	9963
			GBP10.4199	5603
d)	Aggregated information
	- Aggregated volume	15,566
	- Price	GBP162,196.16
e)	Date of the transaction	2021-06-15
f)	Place of the transaction	London Stock Exchange XLON

 

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