GKN PLC Director/PDMR Shareholding

 
TIDMGKN 
 
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL 
RESPONSIBILITIES AND CONNECTED PERSONS 
 
GKN plc (the 'Company') announces that it has been notified of the following 
transaction in the Company's ordinary shares of 10p ('Shares') undertaken by a 
person discharging managerial responsibilities ('PDMR'). 
 
GKN Deferred Bonus Plan ('DBP') 
 
On 22nd March 2017, a DBP award was granted to the PDMR named below. The DBP 
award represents a percentage of the amount earned under the Company's annual 
bonus arrangements for 2016 compulsorily deferred and invested into Shares. 
Subject to the rules of the DBP, the Shares will normally be released after the 
announcement of the Company's annual results for the financial year following 
the year in which the award was granted. Malus provisions will apply to the 
award. 
 
No consideration was paid for the grant of the DBP award and no payment is due 
on release of any Shares. 
 
PDMR                                                        Number of Shares awarded 
 
Kevin Cummings                                                                16,675 
 
Further details of the transaction can be found in the Notification of Dealing 
Form for the PDMR set out below. 
 
This notification is made in accordance with the requirements of Article 19 of 
the EU Market Abuse Regulation. 
 
                          Notification of Transactions 
 
Details of the Person Discharging Managerial Responsibilities/ Person Closely 
Associated With 
 
Name                                     Kevin Cummings 
 
 
Reason for the notification 
 
Position/status                          Chief Executive GKN Aerospace 
 
Initial notification /Amendment          Initial 
 
 
Details of the issuer 
 
 
Name                                     GKN plc 
 
LEI                                      213800QNZ22GS95OSW84 
 
 
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 
 
 
Description of the financial instrument, GKN plc ordinary shares of 10p each 
type of instrument 
 
Identification code                      GB0030646508 
 
 
Nature of the transaction                Award of shares under the GKN Deferred 
                                         Bonus Plan 
 
                                         Price(s)       Volume(s) 
Price(s) and volume(s) 
 
                                         0              16,675 
 
Aggregated information 
 
                                         16,675 
                                         0 
 
Date and time of the transaction         2017/03/22 
 
Place of the transaction                 Outside a trading venue 
 
24 March 2017 
 
LEI: 213800QNZ22GS95OSW84 
 
Classification of Information: Additional regulated information required to be 
disclosed under the laws of a member state 
 
 
 
END 
 

(END) Dow Jones Newswires

March 24, 2017 11:49 ET (15:49 GMT)