Director/PDMR Shareholding - Replacement

RNS Number : 9264Y

De La Rue PLC

08 March 2017

 

De La Rue plc

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

8 March 2017

De La Rue plc (the "Company") has been advised today by Equiom (Guernsey) Limited as Trustee of the De La Rue Employee Share Ownership Trust that on 7 March 2017, the Trustees made a market share purchase of 21,293 ordinary shares of 44 ^152/175p  in the capital of the Company, and on behalf of the Company, at a price of 625.5p per share, to satisfy the vesting of an award made to Martin Sutherland, Chief Executive Officer (for nil consideration), on 26 November 2014 and the subsequent sale of 10,028 of those shares at a price of 625.5p per share to cover tax and social security. The remainder of the shares (11,265) are being retained.

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Martin Sutherland
2	Reason for the notification
a)	Position/status	Chief Executive Officer (and PDMR)
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	De La Rue plc
b)	LEI	213800DH741LZWIJXP78
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 Identification code	Ordinary shares of 44 152/175p GB00B3DGH821
b)	Nature of the transaction	(i) Vesting of 21,293 ordinary shares of an award made in November 2014; and (ii) the subsequent sale of sufficient shares to cover tax and social security. The remainder of the shares (11,265) are being retained.
c)	Price(s) and volume(s)	Transaction Price(s) Volume(s) Total Vesting Nil 21,293 Nil Sale for tax 625.5p 10,028 £62,725.14
d)	Aggregated information	Transaction Price(s) Volume(s) Total Vesting Nil 21,293 Nil Sale for tax 625.5p 10,028 £62,725.14
e)	Date of the transaction	2017-03-07 (GMT)
f)	Place of the transaction	(i)         Vesting: Outside a trading venue (ii)        Sale: London Stock Exchange (XLON)

Ed Peppiatt, Company Secretary

Contact Number: 01256 605343

8 March 2017

 

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