Aggreko PLC Director/PDMR Shareholding (9843J)

TIDMAGK

RNS Number : 9843J

Aggreko PLC

05 April 2018

5 April 2018

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Following the vesting on 3 April 2018 of the award of shares made to Chris Weston, the Chief Executive Officer, on 30 March 2015 under a deferred share award agreement, Chris undertook the following transactions in ordinary shares in Aggreko plc (the "Company").

Chris Weston acquired a total of 8,602 ordinary shares for nil consideration, comprising the original award of 7,736 shares and 866 additional dividend equivalent shares.

Subsequently, Chris Weston sold 4,052 ordinary shares at 722 pence per share to cover the tax liability and dealing costs arising on the vesting of the award.

The following disclosures are made in accordance with Article 19.3 of Regulation 596/2014.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                       Chris Weston 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  -------------------------  ----------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                       Aggreko plc 
---  -------------------------  ----------------------------------- 
 b)   LEI                        2138003R7TGCSVF27H47 
---  -------------------------  ----------------------------------- 
 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 shares of 4 (329/395) 
       the financial              pence each ('Shares') 
       instrument, type 
       of instrument 
                                  GB00BK1PTB77 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              Acquisition of Shares for 
       transaction                nil consideration following 
                                  the vesting on 3 April 2018 
                                  of the award of shares made 
                                  under a deferred share award 
                                  agreement. 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)      Price(s)    Volume(s) 
                                  ----------  ---------- 
                                   Nil         8,602 
                                  ----------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         8,602 
 
       - Price                     nil 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    3 April 2018 
---  -------------------------  ----------------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------------- 
 5    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 shares of 4 (329/395) 
       the financial              pence each ('Shares') 
       instrument, type 
       of instrument 
                                  GB00BK1PTB77 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of the              Sale of Shares on 4 April 
       transaction                2018 to satisfy the tax liability 
                                  arising from the vesting 
                                  of the award of shares made 
                                  under a deferred share award 
                                  agreement. 
---  -------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)      Price(s)    Volume(s) 
                                  ----------  ---------- 
                                   GBP7.22     4,052 
                                  ----------  ---------- 
---  -------------------------  ----------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         4,052 
 
       - Price                     GBP7.22 
---  -------------------------  ----------------------------------- 
 e)   Date of the transaction    4 April 2018 
---  -------------------------  ----------------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 05, 2018 07:39 ET (11:39 GMT)