Avon Rubber PLC Director/PDMR Shareholding (4758G)

TIDMAVON

RNS Number : 4758G

Avon Rubber PLC

20 November 2015

19 November 2015

Avon Rubber p.l.c. ("the Company")

Director's and PDMRs' Interest in Shares

On 18 November 2015, pursuant to the Company's deferred bonus arrangements, a portion of the annual bonus payments due to the Executive Director, Andrew Lewis and certain PDMRs of the Company in respect of the 2014/15 financial year were deferred into Company shares. 25% of the annual bonus linked to financial targets, as distinct from personal performance targets, was subjected to tax and national insurance/social security and the net amount was used to purchase Company shares. The shares are to be held for two years and are not subject to the Company's shareholding guidelines. The table below sets out the number of deferred bonus shares and the total number of shares held by Andrew Lewis and each PDMR.

 
 Executive Director      Deferred bonus   Total Shareholding 
                          shares           (including 
                                           deferred bonus 
                                           shares) 
----------------------  ---------------  ------------------- 
 Andrew Lewis            3,241            90,324 
----------------------  ---------------  ------------------- 
 PDMRs 
----------------------  ---------------  ------------------- 
 Miles Ingrey-Counter    1,057            43,402 
----------------------  ---------------  ------------------- 
 Paul McDonald           1,272            52,125 
----------------------  ---------------  ------------------- 
 John Kime               1,320            37,552 
----------------------  ---------------  ------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 20, 2015 07:29 ET (12:29 GMT)