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GKN GKN

482.40
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
GKN LSE:GKN London Ordinary Share GB0030646508 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 482.40 481.00 481.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

GKN PLC Director/PDMR Shareholding

15/05/2017 3:06pm

UK Regulatory


 
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 each ('Shares') undertaken 
by persons discharging managerial responsibilities ('PDMRs'). 
 
GKN Sustainable Earnings Plan ('SEP') 
 
On 11 May 2017, the following SEP awards were granted: 
 
PDMRs                                                       Number of Shares awarded 
 
Nigel Stein                                                                  464,135 
 
Kevin Cummings                                                               286,919 
 
Phil Swash                                                                   286,919 
 
Adam Walker                                                                  325,175 
 
The SEP awards are subject to EPS performance targets relative to actual end 
market growth over a three year performance period. Any Shares that vest at the 
end of the performance period will be subject to an additional two-year holding 
period prior to release. The vesting of SEP awards is also subject to the 
Remuneration Committee's assessment of both the quality of earnings and EPS 
performance against shareholder expectations.  Malus and clawback provisions 
will apply. 
 
No consideration was paid for the grant of the SEP awards and no payment is due 
on release of any Shares. 
 
Further details of the transaction can be found in the Notification of Dealing 
Form for the PDMRs 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                                     Nigel Stein 
 
 
Reason for the notification 
 
Position/status                          Chief Executive 
 
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 
                                         Sustainable Earnings Plan 
 
                                         Price(s)       Volume(s) 
Price(s) and volume(s) 
 
                                         0              464,135 
 
Aggregated information 
 
                                         464,135 
                                         0 
 
Date and time of the transaction         2017/05/11 
 
Place of the transaction                 Outside a trading venue 
 
 
 
                          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 
                                         Sustainable Earnings Plan 
 
                                         Price(s)       Volume(s) 
Price(s) and volume(s) 
 
                                         0              286,919 
 
Aggregated information 
 
                                         286,919 
                                         0 
 
Date and time of the transaction         2017/05/11 
 
Place of the transaction                 Outside a trading venue 
 
 
 
                          Notification of Transactions 
 
Details of the Person Discharging Managerial Responsibilities/ Person Closely 
Associated With 
 
Name                                     Phil Swash 
 
 
Reason for the notification 
 
Position/status                          Chief Executive GKN Driveline 
 
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 
                                         Sustainable Earnings Plan 
 
                                         Price(s)       Volume(s) 
Price(s) and volume(s) 
 
                                         0              286,919 
 
Aggregated information 
 
                                         286,919 
                                         0 
 
Date and time of the transaction         2017/05/11 
 
Place of the transaction                 Outside a trading venue 
 
 
 
                          Notification of Transactions 
 
Details of the Person Discharging Managerial Responsibilities/ Person Closely 
Associated With 
 
Name                                     Adam Walker 
 
 
Reason for the notification 
 
Position/status                          Group Finance Director 
 
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 
                                         Sustainable Earnings Plan 
 
                                         Price(s)       Volume(s) 
Price(s) and volume(s) 
 
                                         0              325,175 
 
Aggregated information 
 
                                         325,175 
                                         0 
 
Date and time of the transaction         2017/05/11 
 
Place of the transaction                 Outside a trading venue 
 
15 May 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

May 15, 2017 10:06 ET (14:06 GMT)

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