Rotork PLC Director/PDMR Shareholding (9934F)

TIDMROR

RNS Number : 9934F

Rotork PLC

23 May 2017

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 0.5p shares undertaken by persons closely associated with directors/persons discharging managerial responsibility.

Acquisition of ordinary shares by persons closely associated with the executive directors under monthly rolling share purchase agreements between the Company and executive directors. The purchases are funded from deductions in the respective executive directors net monthly salary in accordance with the commitment from the executive directors in the 2016 remuneration report that they will invest their 2017 salary increases above the normal workforce increase in the Company's shares.

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

 
 1     Details of the person discharging managerial responsibilities 
        / persons closely associated 
----  ----------------------------------------------------------------------------------- 
 a)    Name 
                                                  Jacqueline France 
----  ---------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
----  ----------------------------------------------------------------------------------- 
 a)    Position/status                          PCA with PDMR (Peter Ian France, 
                                                 Group Chief Executive) 
----  ---------------------------------------  ------------------------------------------ 
 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 the                       Ordinary 0.5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                      ISIN GB00BVFNZH21 
 
 b)    Nature of the transaction                Monthly acquisition of shares using 
                                                 amounts deducted from net monthly 
                                                 salary of executive director. 
----  ---------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
----                                            -------------------  ------------------ 
                                                 Price(s)             Volume(s) 
----                                            -------------------  ------------------ 
                                                           GBP2.355               7,486 
   ----------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume                      n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction                  19/05/2017 (GMT) 
----  ---------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                 London Stock Exchange 
----  ---------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / closely associated person 
----  ---------------------------------------------------------------------------------------- 
 a)    Name 
                                                  Carol Davis 
----  ---------------------------------------  ----------------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------- 
 a)    Position/status                          PCA with PDMR (Jonathan Mark Davis,Group 
                                                 Finance 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 the                       Ordinary 0.5p shares 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                      ISIN GB00BVFNZH21 
 
 b)    Nature of the transaction                Monthly acquisition of shares using 
                                                 amounts deducted from net monthly 
                                                 salary of executive director. 
----  ---------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s) 
----                                            ---------------------  --------------------- 
                                                 Price(s)               Volume(s) 
----                                            ---------------------  --------------------- 
    GBP2.355                                                                           3,054 
   ------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume                      n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction                  19/05/2017 (GMT) 
----  ---------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
----  ---------------------------------------  ----------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 23, 2017 09:20 ET (13:20 GMT)