De La Rue PLC Director/PDMR Shareholding (9254Y)

TIDMDLAR

RNS Number : 9254Y

De La Rue PLC

08 March 2017

De La Rue plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

8 March 2017

De La Rue plc (the "Company") has been advised today by Equiom (Guernsey) Limited as Trustee of the De La Rue Employee Share Ownership Trust that on 7 January 2017, the Trustees made a market share purchase of 21,293 ordinary shares of 44 (152/175) p in the capital of the Company, and on behalf of the Company, at a price of 625.5p per share, to satisfy the vesting of an award made to Martin Sutherland, Chief Executive Officer (for nil consideration), on 26 November 2014 and the subsequent sale of 10,028 of those shares at a price of 625.5p per share to cover tax and social security. The remainder of the shares (11,265) are being retained.

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------------------------- 
 a)   Name                         Martin Sutherland 
---  ---------------------------  ------------------------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------- 
 a)   Position/status              Chief Executive Officer (and 
                                    PDMR) 
---  ---------------------------  ------------------------------------------------------ 
 b)   Initial notification         Initial Notification 
       /Amendment 
---  ---------------------------  ------------------------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------- 
 a)   Name                         De La Rue plc 
---  ---------------------------  ------------------------------------------------------ 
 b)   LEI                          213800DH741LZWIJXP78 
---  ---------------------------  ------------------------------------------------------ 
 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 44 (152/175) 
       the financial instrument,    p 
       type of instrument 
 
       Identification               GB00B3DGH821 
       code 
---  ---------------------------  ------------------------------------------------------ 
 b)   Nature of the transaction    (i) Vesting of 21,293 ordinary 
                                    shares of an award made in 
                                    November 2014; and (ii) the 
                                    subsequent sale of sufficient 
                                    shares to cover tax and social 
                                    security. The remainder of 
                                    the shares (11,265) are being 
                                    retained. 
---  ---------------------------  ------------------------------------------------------ 
 c)   Price(s) and volume(s)         Transaction    Price(s)   Volume(s)   Total 
                                     -------------  ---------  ----------  ------------- 
                                      Vesting        Nil        21,293      Nil 
                                     -------------  ---------  ----------  ------------- 
                                      Sale 
                                       for tax       625.5p     10,028      GBP62,725.14 
                                     -------------  ---------  ----------  ------------- 
---  ---------------------------  ------------------------------------------------------ 
 d)   Aggregated information        Transaction    Price(s)   Volume(s)   Total 
                                    -------------  ---------  ----------  ------------- 
                                     Vesting        Nil        21,293      Nil 
                                    -------------  ---------  ----------  ------------- 
                                     Sale 
                                      for tax       625.5p     10,028      GBP62,725.14 
                                    -------------  ---------  ----------  ------------- 
---  ---------------------------  ------------------------------------------------------ 
 e)   Date of the transaction      2016-03-07 (GMT) 
---  ---------------------------  ------------------------------------------------------ 
 f)   Place of the transaction          (i) Vesting: Outside a trading 
                                         venue 
                                         (ii) Sale: London Stock Exchange 
                                         (XLON) 
---  ---------------------------  ------------------------------------------------------ 
 

Ed Peppiatt, Company Secretary

Contact Number: 01256 605343

8 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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March 08, 2017 13:00 ET (18:00 GMT)