Director/PDMR Shareholding

RNS Number : 4903M

Rotork PLC

21 September 2021

 

21 September 2021

Rotork plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

The Company provides notification of the following transactions undertaken outside of a market venue relating to the below named PDMRs and their respective interests in the ordinary shares of nominal value 0.5p each in the capital of the Company ('Shares') (ISIN: GB00BVFNZH21).  

The following Restricted Stock Unit Awards ('RSU Awards') were granted to each of the PDMRs listed below on 21 September 2021.

The RSU Awards will vest in two tranches on 16 May 2022 and 7 April 2023 respectively depending on the outcome of certain conditions.

Name and position of PDMR	Maximum number of Shares subject to the RSU Awards granted on 20 September 2021
Paul Burke, Chief Information Officer	71,097
Kathy Callaghan, Group Human Resources Director	59,937
Kiet Huynh, Managing Director: Water & Power and Chemical, Process and Industrial	53,457
Neil Manning,  Managing Director: Oil & Gas and Site Services	54,536
Lyndsey Norris, (Interim) Managing Director: Chemical, Process and Industrial	20,220
Vijay Rao, Strategy and Mergers & Acquisitions Director	64,681
Grant Wood, Operations Director	61,807

The RSU Awards attract an accrued dividend equivalent entitlement on any vested Shares, with such entitlements to be settled in the form of additional Shares.

The following disclosures are made in accordance with the UK version of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Paul Burke
2	Reason for the notification
a)	Position/status	Chief Information Officer
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	Grant of Restricted Stock Unit Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	71,097
d)	Aggregated information
	- Aggregated volume	N/A (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Kathy Callaghan
2	Reason for the notification
a)	Position/status	Group Human Resources 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	Grant of Restricted Stock Unit Award.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	59,937
d)	Aggregated information
	- Aggregated volume	N/A (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Kiet Huynh
2	Reason for the notification
a)	Position/status	Managing Director: Water & Power and Chemical, Process and Industrial
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	Grant of Restricted Stock Unit Award.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	53,457
d)	Aggregated information
	- Aggregated volume	N/A (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Neil Manning
2	Reason for the notification
a)	Position/status	Managing Director: Oil & Gas and Site Services
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	Grant of Restricted Stock Unit Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	54,536
d)	Aggregated information
	- Aggregated volume	n/a (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Lyndsey Norris
2	Reason for the notification
a)	Position/status	(Interim) Managing Director: Chemical, Process and Industrial
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	Grant of Restricted Stock Unit Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	20,220
d)	Aggregated information
	- Aggregated volume	N/A (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Vijay Rao
2	Reason for the notification
a)	Position/status	Strategy and Mergers & Acquisitions 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	Grant of Restricted Stock Unit Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	64,681
d)	Aggregated information
	- Aggregated volume	N/A (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / closely associated person
a)	Name	Grant Wood
2	Reason for the notification
a)	Position/status	Operations 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	Grant of Restricted Stock Unit Award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			N/A	61,807
d)	Aggregated information
	- Aggregated volume	N/A (single transaction)
	- Price
e)	Date of the transaction	2021-09-21
f)	Place of the transaction	Outside a trading venue

The Company can confirm that the above named PDMRs have complied with their respective obligations to notify the Financial Conduct Authority of the above transactions as required under MAR.

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Rotork contacts and telephone number for enquiries:

      Tel:  [phone]

Andrew Carter, Investor Relations Director

Stuart Pain, Group General Counsel & Company Secretary 

About Rotork

For more information on Rotork, please visit our website: www.rotork.com  

 

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