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AVON Avon Protection Plc

1,082.00
6.00 (0.56%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avon Protection Plc LSE:AVON London Ordinary Share GB0000667013 ORD #1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.00 0.56% 1,082.00 1,080.00 1,084.00 1,084.00 1,074.00 1,076.00 31,304 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Rubber,plastics Hose & Belts 280.5M -14.4M -0.4642 -23.31 335.67M

Avon Rubber PLC Director/PDMR Shareholding (6594T)

09/01/2017 10:20am

UK Regulatory


Avon Protection (LSE:AVON)
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TIDMAVON

RNS Number : 6594T

Avon Rubber PLC

09 January 2017

RNS Number:

Avon Rubber p.l.c.

9 January 2017

Avon Rubber p.l.c.

Directors'/PDMR Shareholdings - SIP

Avon Rubber p.l.c. was notified on 06 January 2017 that the following purchase of Avon Rubber p.l.c. ordinary shares was made by Equiniti Share Plan Trustees Limited on 05 January 2017 on behalf of one 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 EUR5,000,000 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 notification is disclosed in accordance with the EU Market Abuse Regulation.

a)

 
      1.    Details of PDMR 
---------  -------------------------------------------------------------- 
      a)    Name                   Miles Ingrey-Counter 
---------  ---------------------  --------------------------------------- 
      b)    Position               Company Secretary 
             / status 
---------  ---------------------  --------------------------------------- 
      c)    Initial                Initial notification 
             notification 
             / 
             amendment 
---------  ---------------------  --------------------------------------- 
      2.    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            Ordinary GBP1 shares in Avon 
             of the                 Rubber p.l.c. 
             financial              GB0000667013 
             instrument 
             and ISIN 
             Code 
---------  ---------------------  --------------------------------------- 
      b)    Nature of              Acquisition of shares in accordance 
             the                    with Avon's share incentive plan. 
             transaction 
---------  ---------------------  --------------------------------------- 
      c)    Price(s)               Price(s)              Volume(s) 
             and 
             volume(s) 
---------  ---------------------  --------------------  ----------------- 
   GBP 10.375                                            15 
  ----------------------------------------------------  ----------------- 
      d)    Aggregated             GBP 155.63 
             information 
             Aggregated 
             volume 
             Price 
---------  ---------------------  --------------------------------------- 
      e)    Date of                2017-01-05 
             the 
             transaction 
---------  ---------------------  --------------------------------------- 
      f)    Place of               London Stock Exchange 
             the 
             transaction 
---------  ---------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUKARRBKAARAR

(END) Dow Jones Newswires

January 09, 2017 05:20 ET (10:20 GMT)

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