Director/PDMR Shareholding
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1)
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Mark Selway - Chief Executive
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Mark Selway
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of the person named in 3 above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Mark Selway
8. State the nature of the transaction
Purchase of 8,528 shares and transfer of those shares into the IMI plc Share Matching Plan (the "SMP"). Mark Selway therefore invested 8,528 shares into the SMP.
Award of shares under the SMP as detailed below.
9. Number of shares, debentures or financial instruments relating to shares acquired
8,528
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.004%
11. Number of shares, debentures or financial instruments relating to shares disposed
None
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
£14.65
14. Date and place of transaction
Purchase of shares took place on 31 March 2014 in London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
8,536 - 0.004%
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
1 April 2014
18. Period during which or date on which it can be exercised
Under normal circumstances, the award will vest on 1 April 2017, subject to the applicable performance conditions being met and will be exercisable until 1 April 2024
19. Total amount paid (if any) for grant of the option
No consideration was paid for the grant of the option
20. Description of shares or debentures involved (class and number)
Award in the form of a nil cost option granted under the SMP over 26,146 ordinary shares of 28 4/7p each
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Nil
22. Total number of shares or debentures over which options held following notification
26,146 shares are subject to outstanding awards under the SMP
23. Any additional information
None
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1)
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Douglas Hurt - Finance Director
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Douglas Hurt and in part, to his wife, Gillian Hurt
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of Douglas Hurt and Gillian Hurt
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Douglas Hurt and Gillian Hurt
8. State the nature of the transaction
Release of 20,835 invested shares held under the SMP which were originally invested on 28 March 2011. Transfer of 18,865 of those shares into the SMP and transfer of the remainder of 1,970 shares to his wife, Gillian Hurt. Douglas Hurt therefore reinvested 18,865 shares into the SMP.
Transfer of 21,704 shares to Gillian Hurt.
Award of shares under the SMP as detailed below.
9. Number of shares, debentures or financial instruments relating to shares acquired
None
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A
11. Number of shares, debentures or financial instruments relating to shares disposed
None
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
N/A
14. Date and place of transaction
Release of shares took place on 28 March 2014. Transfer of shares to SMP took place on 1 April 2014 and transfer of shares to Gillian Hurt took place on 2 April 2014. All transactions took place in London.
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
176,525 - 0.07%
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
1 April 2014
18. Period during which or date on which it can be exercised
Under normal circumstances, the award will vest on 1 April 2017, subject to the applicable performance conditions being met and will be exercisable until 1 April 2024
19. Total amount paid (if any) for grant of the option
No consideration was paid for the grant of the option
20. Description of shares or debentures involved (class and number)
Award in the form of a nil cost option granted under the SMP over 71,188 ordinary shares of 28 4/7p each
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Nil
22. Total number of shares or debentures over which options held following notification
695,790 shares are subject to outstanding awards under the SMP
23. Any additional information
None
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1)
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Roy Twite - Divisional Managing Director, Severe Service
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Roy Twite and in part, to his wife, Hazel Twite
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of Roy Twite and Hazel Twite
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Roy Twite and Hazel Twite
8. State the nature of the transaction
Release of 18,103 invested shares held under the SMP which were originally invested on 28 March 2011. Transfer of 17,356 of those shares into the SMP and transfer of the remainder of 747 shares to his wife, Hazel Twite. Roy Twite therefore reinvested 17,356 shares into the SMP.
Award of shares under the SMP as detailed below.
9. Number of shares, debentures or financial instruments relating to shares acquired
None
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A
11. Number of shares, debentures or financial instruments relating to shares disposed
None
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
N/A
14. Date and place of transaction
Release of shares took place on 28 March 2014. Transfer of shares to SMP took place on 1 April 2014 and transfer of shares to Hazel Twite took place on 2 April 2014. All transactions took place in London.
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
117,009 - 0.04%
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
1 April 2014
18. Period during which or date on which it can be exercised
Under normal circumstances, the award will vest on 1 April 2017, subject to the applicable performance conditions being met and will be exercisable until 1 April 2024
19. Total amount paid (if any) for grant of the option
No consideration was paid for the grant of the option
20. Description of shares or debentures involved (class and number)
Award in the form of a nil cost option granted under the SMP over 65,494 ordinary shares of 28 4/7p each
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Nil
22. Total number of shares or debentures over which options held following notification
357,677 shares are subject to outstanding awards under the SMP
23. Any additional information
None
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1)
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Paul Roberts - Group Business Development Director
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Paul Roberts
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of the person named in 3 above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Paul Roberts
8. State the nature of the transaction
Purchase of 6,964 shares and transfer of those shares into the SMP. Paul Roberts therefore invested 6,964 shares into the SMP.
9. Number of shares, debentures or financial instruments relating to shares acquired
6,964
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.003%
11. Number of shares, debentures or financial instruments relating to shares disposed
None
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
£14.65
14. Date and place of transaction
Purchase of shares took place on 31 March 2014 in London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
6,993 - 0.003%
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
1 April 2014
18. Period during which or date on which it can be exercised
Under normal circumstances, the award will vest on 1 April 2017, subject to the applicable performance conditions being met and will be exercisable until 1 April 2024
19. Total amount paid (if any) for grant of the option
No consideration was paid for the grant of the option
20. Description of shares or debentures involved (class and number)
Award in the form of a nil cost option granted under the SMP over 13,160 ordinary shares of 28 4/7p each
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Nil
22. Total number of shares or debentures over which options held following notification
13,160 shares are subject to outstanding awards under the SMP
23. Any additional information
None
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1)
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Brendan Colgan - Divisional Managing Director, Fluid Power
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Brendan Colgan
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of the person named in 3 above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Brendan Colgan
8. State the nature of the transaction
Purchase of 1,396 shares and transfer of those shares into the SMP. Brendan Colgan therefore invested 1,396 shares into the SMP.
9. Number of shares, debentures or financial instruments relating to shares acquired
1,396
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.0005%
11. Number of shares, debentures or financial instruments relating to shares disposed
None
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
£14.65
14. Date and place of transaction
Purchase of shares took place on 31 March 2014 in London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
1,396 - 0.0005%
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
1 April 2014
18. Period during which or date on which it can be exercised
Under normal circumstances, the award will vest on 1 April 2017, subject to the applicable performance conditions being met and will be exercisable until 1 April 2024
19. Total amount paid (if any) for grant of the option
No consideration was paid for the grant of the option
20. Description of shares or debentures involved (class and number)
Award in the form of a nil cost option granted under the SMP over 2,434 ordinary shares of 28 4/7p each
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Nil
22. Total number of shares or debentures over which options held following notification
2,434 shares are subject to outstanding awards under the SMP
23. Any additional information
None
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.14 R(1)
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Peter Spencer - Divisional Managing Director, Indoor Climate
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Peter Spencer
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of the person named in 3 above
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Peter Spencer
8. State the nature of the transaction
Release of 4,998 invested shares held under the SMP which were originally invested on 28 March 2011. Transfer of such shares into the SMP.
Exercise of an award in respect of 11,784 shares under the SMP representing the vested portion of the matching award made in 2011 and dividends paid in shares in respect of the vested portion of the matching award (satisfied with shares held in an employee trust). Transfer of 5,722 of such shares into the SMP. Sale of 5,001 shares to raise funds to pay the tax liabilities and dealing charges associated with the aforementioned exercise and sale of the balance of 1,061 shares for own account.
Peter Spencer therefore invested 10,720 shares into the SMP.
Award of shares under the SMP as detailed below.
9. Number of shares, debentures or financial instruments relating to shares acquired
11,784
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.005%
11. Number of shares, debentures or financial instruments relating to shares disposed
6,062
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.003%
13. Price per share or value of transaction
£14.65
14. Date and place of transaction
Release of shares took place on 28 March 2014. All other transactions took place on 31 March 2014 in London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
31,819 - 0.01%
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
1 April 2014
18. Period during which or date on which it can be exercised
Under normal circumstances, the award will vest on 1 April 2017, subject to the applicable performance conditions being met and will be exercisable until 1 April 2024
19. Total amount paid (if any) for grant of the option
No consideration was paid for the grant of the option
20. Description of shares or debentures involved (class and number)
Award in the form of a deferred award granted under the SMP over 20,446 ordinary shares of 28 4/7p each
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
Nil
22. Total number of shares or debentures over which options held following notification
68,275 shares are subject to outstanding awards under the SMP
23. Any additional information
None
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name and signature of duly authorised officer of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4
|
(1) |
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 |
|
(2) |
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 |
|
(3) |
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 |
|
(4) |
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 |
Please complete all relevant boxes in block capital letters
1. Name of the issuer
IMI plc
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R,; (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)
Disclosure relates to point (i)
3. Name of person discharging managerial responsibilities/director
Martin Lamb - Director
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Notification relates to Martin Lamb and in part, to his wife, Jayne Lamb
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification in respect of Martin Lamb and Jayne Lamb
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares of 28 4/7p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
Martin Lamb and Jayne Lamb
8. State the nature of the transaction
Exercise of award in respect of 92,863 shares under the SMP, representing part of the vested portion of the matching award made in 2009 and dividends paid in shares in respect of the relevant portion of the matching award (satisfied with shares held in an employee trust).
Exercise of award in respect of 40,501 shares under the IMI plc Performance Share Plan, representing part of the vested portion of the award made in 2010 and dividends paid in shares in respect of the relevant portion of the award (satisfied with shares held in an employee trust).
Sale of 62,824 shares to raise funds to pay the tax liabilities and dealing charges associated with the aforementioned exercises and sale of the balance of 70,540 for own account.
Sale of 3,976 shares held by Jayne Lamb.
9. Number of shares, debentures or financial instruments relating to shares acquired
133,364
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.05%
11. Number of shares, debentures or financial instruments relating to shares disposed
137,340
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.05%
13. Price pershare or value of transaction
£14.69
14. Date and place of transaction
1 April 2014, London
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
197,028 - 0.07%
Relative to basic salary (calculated at the closing price on 1 April 2014) the level of holding is 384% and is 1,827% taking into account all vested but unexercised share awards which are counted towards the share ownership guidelines set out by the Remuneration Committee
16. Date issuer informed of transaction
2 April 2014
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which exercisable
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
H Afford - Senior Corporate Counsel - 0121 717 3700
Name of authorised official of issuer responsible for making notification
H Afford - Senior Corporate Counsel
Date of notification
2 April 2014
This information is provided by RNS
Latest directors dealings
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