22 March 2022
IMI PLC
(the "Company")
Notification of Transactions by Person Discharging Managerial Responsibilities ("PDMR") and Persons Closely Associated with them
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Jun Hu |
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2. |
Reason for the notification |
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a) |
Position/status |
Divisional Managing Director |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Exercise of Deferred Bonus Shares award in respect of 5,421 shares vesting under the IMI plc Incentive Plan (nil cost option).
Jun Hu sold sufficient shares 2,554 arising from the exercise to cover costs, and retained the balance as shares.
Exercise of award in respect of 51,554 shares vesting under the IMI plc Incentive Plan (nil cost option).
Jun Hu sold sufficient shares 24,289 arising from the exercise to cover costs, and retained the balance as shares. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) sold |
Volume retained |
|
£14.825 |
26,843 |
30,132 |
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d) |
Aggregated information · Aggregated volume exercised · No of shares retained
· Price |
56,975 30,132
£14.825 |
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e) |
Date of the transaction |
2022-03-21 |
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f) |
Place of the transaction |
London Stock Exchange Main Market (XLON) |
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For further information, please contact:
Louise Waldek
Group General Counsel & Company Secretary
Telephone: 0121 717 3700