Director/PDMR Shareholding

RNS Number : 9357S

Vesuvius plc

19 March 2021

 

V esuvius plc 

19 March 2021

Notification of Transactions of Persons Discharging Managerial Responsibilities

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

Grant of 2021 Deferred Share Bonus Plan Awards

Vesuvius plc (the "Company") announces that on 18 March 2021, deferred share bonus plan awards (the "Awards") were granted over the Company's ordinary shares ("Shares") to the following persons discharging managerial responsibilities in the Company under the Vesuvius Deferred Share Bonus Plan in accordance with the Company's Remuneration Policy, in the form indicated in the table below:

Name	Maximum number of Shares under Award ("Award Shares")	Form of Award
Patrick André	9,430	Conditional Award
Guy Young	6,093	Conditional Award

These awards represent the deferment, into shares, of 33% of the 2020 Annual Bonus earned by the Executive Directors during 2020.  Awards under the Deferred Share Bonus Plan will normally vest following the third anniversary of the award date.

The Share price used to determine the number of Shares under awards was 536.9 pence being the average of the middle market quotation at close of business over the last 5 trading days ending on Wednesday 17 March 2021.

Name of contact and telephone number for queries:

Henry Knowles, General Counsel and Company Secretary	[phone]
Pamela Antay, Head of Investor Relations	[phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Patrick André
2	Reason for the notification
a)	Position/status	Chief Executive
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	Conditional share award over Vesuvius plc 10 pence ordinary shares
	Identification code	ISIN: GB00B82YXW83
b)	Nature of the transaction	Grant of share award under the Vesuvius Deferred Share Bonus Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			536.9 pence	9,430
d)	Aggregated information
	- Aggregated volume	9,430
	- Aggregated Price - Aggregated Total	536.9 pence £50,629.67
e)	Date of the transaction	18 March 2021
f)	Place of the transaction	London - outside a trading venue

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	Conditional share award over Vesuvius plc 10 pence ordinary shares
	Identification code	ISIN: GB00B82YXW83
b)	Nature of the transaction	Grant of share award under the Vesuvius Deferred Share Bonus Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			536.9 pence	6,093
d)	Aggregated information
	- Aggregated volume	6,093
	- Aggregated Price - Aggregated Total	536.9 pence £32,713.32
e)	Date of the transaction	18 March 2021
f)	Place of the transaction	London - outside a trading venue

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

 

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