Aggreko PLC Director/PDMR Shareholding (8109W)

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RNS Number : 8109W

Aggreko PLC

03 August 2018

3 August 2018

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Stephen Beynon (Managing Director, Power Solutions), a Person Discharging Managerial Responsibility ("PDMR"), undertook the following transactions in ordinary shares in Aggreko plc (the "Company").

Restricted Share Plan vesting

Following the vesting on 1 August 2018 of the award of shares made to Stephen Beynon, on 13 June 2017 under the Aggreko Restricted Share Plan 2015 (RSP), Stephen undertook the following transactions in ordinary shares in the Company.

On 1 August 2018, Stephen Beynon acquired a total of 12,764 ordinary shares for nil consideration, comprising the original award of 12,312 shares and 452 additional dividend equivalent shares.

Subsequently, on 1 August 2018, Stephen sold 6,009 ordinary shares at 807 pence per share to cover the tax liability and dealing costs arising on the vesting of the award.

Purchase of shares

On 2 August 2018, Stephen Beynon acquired 12,340 ordinary shares at 805.86 pence per share.

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                        Stephen Beynon 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             Managing Director, Power Solutions 
     --------------------------  -------------------------------------------- 
 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 the          Ordinary shares of 4 (329/395) pence 
       financial instrument,       each ('Shares') 
       type of instrument 
 
       Identification code         GB00BK1PTB77 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Acquisition of Shares for nil consideration 
                                   following the vesting on 1 August 
                                   2018 of the award of shares made 
                                   under the Aggreko Restricted Share 
                                   Plan 2015. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         12,764 
                                               ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          12,764 
 
       - Price                      nil 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     1 August 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 the          Ordinary shares of 4 (329/395) pence 
       financial instrument,       each ('Shares') 
       type of instrument 
 
       Identification code         GB00BK1PTB77 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Sale of Shares on 1 August 2018 to 
                                   satisfy the tax liability arising 
                                   from the vesting of the award of 
                                   shares made under the Aggreko Restricted 
                                   Share Plan 2015. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    GBP8.07     6,009 
                                               ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          6,009 
 
       - Price                      GBP8.07 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     1 August 2018 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  -------------------------------------------- 
 6    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 shares of 4 (329/395) pence 
       financial instrument,       each ('Shares') 
       type of instrument 
 
       Identification code         GB00BK1PTB77 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Purchase of shares on 2 August 2018. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                    GBP8.0586    12,340 
                                                ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          12,340 
 
       - Price                      GBP8.0586 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     2 August 2018 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  -------------------------------------------- 
 

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August 03, 2018 09:04 ET (13:04 GMT)