Director/PDMR Shareholding

RNS Number : 4032V

Vesuvius plc

02 November 2017

 

Notification of Transaction of Person Discharging Managerial Responsibilities

This notification is made in accordance with Article 19(3) of the Market Abuse Regulation.

Vesting of Restricted Share Award

Vesuvius plc (the "Company") announces that the second tranche of the Restricted Share Award made to Mr Guy Young, following his appointment as Chief Financial Officer, vested on 1 November 2017. Of the 8,557 Vesuvius plc Ordinary Shares of 10 pence ("Shares") which vested, 4,031 Shares were sold to cover tax and national insurance contributions and 4,526 Shares were transferred to Mr. Young.

Name of contact and telephone number for queries:

Henry Knowles, General Counsel and Company Secretary, [phone]

Virginia Skroski, Investor Relations Manager, [phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Guy Young
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	Vesuvius plc
b)	LEI	213800ORZ521W585SY02
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	Vesuvius plc 10 pence ordinary shares
	Identification code	ISIN: GB00B82YXW83
b)	Nature of the transaction	Vesting of the remaining 50% of a Restricted Share Award over 17,115 Vesuvius plc Ordinary Shares (8,557 shares) and sale of sufficient shares to satisfy tax/nic liability
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£5.9225	4,031
d)	Aggregated information
	- Aggregated volume	4,031
	- Price - Total	£5.9225 £23,873.60
e)	Date of the transaction	1 November 2017
f)	Place of the transaction	London Stock Exchange (XLON)

 

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