AVON PROTECTION PLC Director/PDMR Shareholding
Released : 06.07.2018
RNS Number : 8469T Avon Rubber PLC 06 July 2018
6 July 2018
Avon Rubber p.l.c.
('the Company') Directors'/PDMR Shareholdings ‐ SIP
Avon Rubber p.l.c. was notified on 5 July 2018 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees Limited on 5 July 2018 on behalf of four of the Company's persons discharging managerial responsibilities pursuant to the Company's Share Incentive Plan (SIP).
The SIP is an all‐employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period.
Section 85(1) of the Financial Services and Markets Act 2000 (FSMA 2000) provides that it is unlawful to offer transferable securities to the public unless an approved prospectus has been made available. The total consideration for the securities being offered is less than €5,000,000 therefore the Company will fall within the exemption at paragraph 9(1) of Schedule 11A of FSMA 2000.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.
The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
1 | Details of person discharging managerial responsibilities/person closely associated | |
a) | Name | Nicholas Keveth |
2 | Reason for the notification | |
a) | Position / status | Chief Financial Officer |
b) | Initial notification / amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Avon Rubber p.l.c. |
b) | LEI | 213800JM1AN62REBWA71 |
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 and ISIN Code | Ordinary £1 shares in Avon Rubber p.l.c. GB0000667013 |
b) | Nature of the transaction | Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation. |
c) | Price(s) and volume(s) | Price(s) Volume(s) GBP 13.80 11 |
d) | Aggregated Information
| 11 GBP 13.80 GBP 151.80 |
e)
Date of the transaction
2018‐07‐05
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of person discharging managerial responsibilities/person closely associated | |
b) | Name | Miles Ingrey‐Counter |
2 | Reason for the notification | |
c) | Position / status | Company Secretary |
d) | Initial notification / amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
c) | Name | Avon Rubber p.l.c. |
d) | LEI | 213800JM1AN62REBWA71 |
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 | |
g) | Description of the financial instrument and ISIN Code | Ordinary £1 shares in Avon Rubber p.l.c. GB0000667013 |
h) | Nature of the transaction | Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation. |
i) | Price(s) and volume(s) | Price(s) Volume(s) GBP 13.80 11 |
j) | Aggregated Information
| 11 GBP 13.80 GBP 151.80 |
k) | Date of the transaction | 2018‐07‐05 |
l) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of person discharging managerial responsibilities/person closely associated | |
c) | Name | Craig Sage |
2 | Reason for the notification | |
e) | Position / status | Divisional Head ‐ Dairy |
f) | Initial notification / amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
e) | Name | Avon Rubber p.l.c. |
f) | LEI | 213800JM1AN62REBWA71 |
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 | |
m) | Description of the financial instrument and ISIN Code | Ordinary £1 shares in Avon Rubber p.l.c. GB0000667013 |
n) | Nature of the transaction | Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation. |
o) | Price(s) and volume(s) | Price(s) Volume(s) GBP 13.80 11 |
p) | Aggregated Information
| 11 GBP 13.80 GBP 151.80 |
q) | Date of the transaction | 2018‐07‐05 |
r) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of person discharging managerial responsibilities/person closely associated | |
d) | Name | Leon Klapwijk |
2 | Reason for the notification | |
g) | Position / status | Divisional Head ‐ Protection |
h) | Initial notification / amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
g) | Name | Avon Rubber p.l.c. |
h) | LEI | 213800JM1AN62REBWA71 |
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 | |
s) | Description of the financial instrument and ISIN Code | Ordinary £1 shares in Avon Rubber p.l.c. GB0000667013 |
t) | Nature of the transaction | Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation. |
u) | Price(s) and volume(s) | Price(s) Volume(s) GBP 13.80 11 |
v) | Aggregated Information
| 11 GBP 13.80 GBP 151.80 |
w) | Date of the transaction | 2018‐07‐05 |
x) | Place of the transaction | London Stock Exchange (XLON) |
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contactrns@lseg.com or visitwww.rns.com.
END
DSHUNUWRWOABRRR
Attachments
- Original document
- Permalink
Disclaimer
Avon Rubber plc published this content on 06 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 July 2018 08:43:02 UTC
