Director/PDMR Shareholding

RNS Number : 8534R

Rotork PLC

26 September 2017

 

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a director/person discharging managerial responsibility. 

Acquisition of ordinary shares by Sally James, Senior Independent Director, under a monthly rolling share purchase agreement with the Company. Sally James has volunteered to invest all the additional net fees that she will receive for undertaking increased responsibilities whilst the Chairman undertakes the interim Chief Executive role, in the Company's ordinary shares and to hold them for a minimum of two years following purchase.

The notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Sally James
2	Reason for the notification
a)	Position/status	PDMR/ Senior Independent Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotork plc
b)	LEI	213800AH5RZIHGWRJ718
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	Ordinary 0.5p shares
	Identification code	ISIN GB00BVFNZH21
b)	Nature of the transaction	Monthly acquisition of shares using amounts deducted from net monthly fees of Sally James, Senior Independent Director.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.532	757
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	21/09/2017 (GMT)
f)	Place of the transaction	London Stock Exchange

 

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