Director/PDMR Shareholding

RNS Number : 7173V

Vesuvius plc

11 April 2023

 

V esuvius plc 

11 April 2023

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 2023 Deferred Share Bonus Plan Award

Vesuvius plc (the "Company") announces that on 6 April 2023, a deferred share bonus plan award (the "Award") was granted over the Company's ordinary shares ("Shares") to the following person 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	60,179	Conditional Award

This award represents the deferment, into shares, of 33% of the 2022 Annual Bonus earned by Patrick André during 2022.  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 404.95 pence being the average of the middle market quotation at close of business over the 30 days ending on Wednesday 5 April 2023.

Name of contact and telephone number for queries:

Henry Knowles, General Counsel and Company Secretary	[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)
			404.95 pence	60,179
d)	Aggregated information
	- Aggregated volume	60,179
	- Aggregated Price - Aggregated Total	404.95 pence £243,695
e)	Date of the transaction	6 April 2023
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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