Rotork PLC Director/PDMR Shareholding (8966A)

TIDMROR

RNS Number : 8966A

Rotork PLC

29 March 2017

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a person discharging managerial responsibility.

- Vesting of 4,245 executive share incentive award shares to Alastair Robert Spurr (Group Operations Director) and the subsequent sale of 1,996 shares to cover tax and NI liabilities and a further 2,249 shares.

The notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name 
                                     Alastair Robert Spurr 
----  --------------------------  --------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/status             PDMR (Group Operations Director) 
----  --------------------------  --------------------------------------- 
 b)    Initial notification        Initial notification 
        /Amendment 
----  --------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------- 
 a)    Name                        Rotork plc 
----  --------------------------  --------------------------------------- 
 b)    LEI                         213800AH5RZIHGWRJ718 
----  --------------------------  --------------------------------------- 
 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              Ordinary 0.5p shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification              ISIN GB00BVFNZH21 
        code 
 
 b)    Nature of the               Vesting of 4,245 executive 
        transaction                 share incentive award shares 
----  --------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
----                               -----------------------  ----------- 
                                    Price(s)                 Volume(s) 
----                               -----------------------  ----------- 
    NIL consideration                                        4,245 
   -------------------------------------------------------  ----------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume         n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction     2017-03-24 (GMT) 
----  --------------------------  --------------------------------------- 
 f)    Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------ 
 a)    Name 
                                         Alastair Robert Spurr 
----  ------------------------------  ---------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------------ 
 a)    Position/status                 PDMR (Group Operations Director) 
----  ------------------------------  ---------------------------------------- 
 b)    Initial notification            Initial notification 
        /Amendment 
----  ------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------------ 
 a)    Name                            Rotork plc 
----  ------------------------------  ---------------------------------------- 
 b)    LEI                             213800AH5RZIHGWRJ718 
----  ------------------------------  ---------------------------------------- 
 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                  Ordinary 0.5p shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN GB00BVFNZH21 
        code 
 
 b)    Nature of the                   Sale of 1,996 shares to cover 
        transaction                     tax and NI liabilities and 
                                        a further 2,249 shares following 
                                        vesting of executive share 
                                        incentive award shares. 
----  ------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
----                                   ------------------  ----------------- 
                                        Price(s)            Volume(s) 
----                                   ------------------  ----------------- 
    GBP2.47                                                 4,245 
   ------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction         2017-03-24 (GMT) 
----  ------------------------------  ---------------------------------------- 
 f)    Place of the transaction        Outside a trading venue 
----  ------------------------------  ---------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 29, 2017 06:45 ET (10:45 GMT)