Linde plc : Notification and public disclosure of transactions by persons
June 11, 2019 at 05:45 am EDT
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Linde plc: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
11.06.2019 / 11:44
The issuer is solely responsible for the content of this announcement.
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mr. Stephen F. Angel
2
Reason for the notification
a)
Position/status
Director and Chief Executive Officer
b)
Initial Notification Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Linde public limited company
b)
LEI
8945002PAZHZLBGKGF02
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
Identification code
Share Options ("Options")
Ordinary Shares
International Securities Identification Number (ISIN): IE00BZ12WP82
German Securities Identification Number (Wertpapierkennnummer, WKN): A2D SYC
Ticker Symbol: LIN
b)
Nature of the transactions
Exercise of options over Ordinary Shares and disposal of
Ordinary Shares
The exercise of 236,510 options over Ordinary Shares (expiring on
28 February 2022) at an exercise price of US$109.68 and the
subsequent disposal of 56,574 Ordinary Shares at a per share sale
price of US$197.27.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Exercise
US$109.68
236,510 Options
Disposal
US$197.27
56,574 Ordinary Shares
d)
Aggregated information
Price
Aggregated volume
N/A
N/A
e)
Dates of the transactions
06 JUN 2019
f)
Place of the transactions
New York Stock Exchange
g)
Additional Information
The price reported in respect of the disposal of 56,574 Ordinary Shares
of Linde plc is the weighted average sale price. The sale prices ranged from $196.79 to $198.00 per Ordinary Share. Upon request of the
SEC Staff, Linde plc or a security holder of Linde plc, the reporting
person will provide full information regarding the number of shares sold
at each separate price. 179,936 Ordinary Shares were withheld by Linde plc to cover the exercise price of options over 236,510 Ordinary Shares and taxes (at a per share sale price of US$198.00 per Ordinary Share).
11.06.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Linde plc is one of the world's leading engineering and industrial gas production groups. Net sales break down by activity as follows:
- production and sale of industrial gases (86.3%). Net sales break down by market between chemicals and energy (25%), manufacturing (19%), healthcare (16%), metals and mining (14%), food and beverage (10%), electronics (9%) and other (7%);
- surface engineering services (8.3%);
- other (5.4%).
Net sales are distributed geographically as follows: the United Kingdom (5.9%), the United States (31.6%), Germany (11%), China (7.9%), Australia (4.1%), Brazil (3.5%) and other (36%).