We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Avon Protection Plc | LSE:AVON | London | Ordinary Share | GB0000667013 | ORD #1 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
2.00 | 0.17% | 1,200.00 | 1,196.00 | 1,204.00 | 1,212.00 | 1,196.00 | 1,202.00 | 6,730 | 10:35:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Rubber,plastics Hose & Belts | 280.5M | -14.4M | -0.4642 | -25.85 | 372.28M |
TIDMAVON
RNS Number : 4237J
Avon Rubber PLC
04 December 2018
4 December 2018
Avon Rubber p.l.c. ('the Company')
Directors' and PDMRs' Interest in Shares
Release of 2016 deferred bonus shares
As previously announced to shareholders on 17 November 2016, a portion of the annual bonus payments due to PDMR and now Chief Executive Officer, Paul McDonald and PDMR, Miles Ingrey-Counter, in respect of the 2016 financial year were deferred into Company shares, to be held for two years.
On 29 November 2018, following expiry of the deferral period, 392 deferred bonus shares were released to Paul McDonald and 365 to Miles Ingrey-Counter. Both sold these shares at a price of 1292.5 pence per share on 29 November 2018. Deferred bonus shares are not subject to the Company's shareholding guidelines.
1 Details of person discharging managerial responsibilities/person closely associated a) Name Paul McDonald ------------------------- ---------------------------------------- 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 Avon Rubber p.l.c. ------------------------- ---------------------------------------- b) LEI 213800JM1AN62REBWA71 ------------------------- ---------------------------------------- 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 GBP1 shares in Avon Rubber the p.l.c. financial instrument GB0000667013 and ISIN Code ------------------------- ---------------------------------------- b) Nature of the Sale of shares. Following expiry of transaction the deferral period, the 2016 deferred bonus shares purchased on 16 November 2016 were released to and were sold by Paul McDonald. ------------------------- ---------------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) GBP12.925 392 ------------------------- ---------------------------------------- d) Aggregated Information N/A * Aggregated volume * Aggregated price * Aggregated total ------------------------- ---------------------------------------- e) Date of the 2018-11-29 transaction ------------------------- ---------------------------------------- f) Place of the London Stock Exchange (XLON) transaction ------------------------- ---------------------------------------- 1 Details of person discharging managerial responsibilities/person closely associated a) Name Miles Ingrey-Counter ------------------------- ---------------------------------------- 2 Reason for the notification ------------------------------------------------------------------- a) Position / status Company Secretary ------------------------- ---------------------------------------- b) Initial notification Initial notification / amendment ------------------------- ---------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Avon Rubber p.l.c. ------------------------- ---------------------------------------- b) LEI 213800JM1AN62REBWA71 ------------------------- ---------------------------------------- 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 GBP1 shares in Avon Rubber the p.l.c. financial instrument GB0000667013 and ISIN Code ------------------------- ---------------------------------------- b) Nature of the Sale of shares. Following expiry of transaction the deferral period, the 2016 deferred bonus shares purchased on 16 November 2016 were released to and were sold by Miles Ingrey-Counter. ------------------------- ---------------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) GBP12.925 365 ------------------------- ---------------------------------------- d) Aggregated Information N/A * Aggregated volume * Aggregated price * Aggregated total ------------------------- ---------------------------------------- e) Date of the 2018-11-29 transaction ------------------------- ---------------------------------------- f) Place of the London Stock Exchange (XLON) transaction ------------------------- ----------------------------------------
2018 deferred bonus arrangements
A portion of the annual bonus payments due to the Executive Directors, Paul McDonald and Nick Keveth and certain PDMRs of the Company in respect of the 2018 financial year were deferred into Company shares on 29 November 2018. 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 2018 deferred bonus shares held by the Executive Directors and each PDMR following this transaction.
1 Details of person discharging managerial responsibilities/person closely associated a) Name 1) Paul McDonald 2) Nicholas Keveth 3) Miles Ingrey-Counter 4) Leon Klapwijk 5) Craig Sage 6) James Wilcox ------------------------- ---------------------------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------- a) Position / status 1) Chief Executive Officer 2) Chief Financial Officer 3) Company Secretary 4) Divisional Head - Protection 5) Divisional Head - Dairy 6) Divisional Head- Military ------------------------- ---------------------------------------------------- b) Initial notification Initial notification / amendment ------------------------- ---------------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------- a) Name Avon Rubber p.l.c. ------------------------- ---------------------------------------------------- b) LEI 213800JM1AN62REBWA71 ------------------------- ---------------------------------------------------- 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 GBP1 shares in Avon Rubber the p.l.c. financial instrument GB0000667013 and ISIN Code ------------------------- ----------------------------------------------------
b) Nature of the Acquisition of shares. A portion of transaction the annual bonus payments in respect of the 2017/18 financial year were deferred into Company shares on 29 November 2018. 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. ------------------------- ---------------------------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) 1) GBP12.898 1) 1,788 2) GBP12.898 2) 1,309 3) GBP12.898 3) 942 4) GBP12.898 4) 978 5) GBP12.898 5) 866 6) GBP12.898 6) 669 --------------- ------------------------- ---------------------------------------------------- d) N/A * Aggregated total * Aggregated volume * Aggregated price * Aggregated total ------------------------- ---------------------------------------------------- e) Date of the All occurred on 2018-11-29 transactions ------------------------- ---------------------------------------------------- f) Place of the London Stock Exchange (XLON) transaction ------------------------- ----------------------------------------------------
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DSHUSSSRWBAURAA
(END) Dow Jones Newswires
December 04, 2018 10:00 ET (15:00 GMT)
1 Year Avon Protection Chart |
1 Month Avon Protection Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions