Electrocomponents PLC Director/PDMR Shareholding (5343B)

TIDMECM

RNS Number : 5343B

Electrocomponents PLC

10 January 2018

ELECTROCOMPONENTS PLC

(the "Company")

Director/PDMR and PCA Shareholding

The Company has been notified that Lindsley Ruth, Chief Executive Officer of the Company, acquired 256,892 ordinary shares of 10p each in the Company (the "Ordinary Shares") on 9 January 2018 pursuant to an award granted to him on 21 May 2015 under the Recruitment Plan 2015 after joining the Company (as disclosed in the Annual Report & Accounts for the year ended 31 March 2016).

On acquisition, Mr Ruth sold 121,164 Ordinary Shares at a price of 626.1p per Ordinary Share to satisfy taxation and national insurance liabilities and dealing fees. He retained the balance of 135,728 Ordinary Shares.

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

The Company makes the following notification pursuant to the EU Market Abuse Regulation.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  -------------------------------------------------------------- 
 a)    Name                         Lindsley Ruth 
----  ---------------------------  --------------------------------- 
 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                         Electrocomponents plc 
----  ---------------------------  --------------------------------- 
 b)    LEI                          549300KVXDURRKVW7R37 
----  ---------------------------  --------------------------------- 
 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               10 pence ordinary shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification               GB0003096442 
        code 
 
 b)    Nature of the                Acquisition on vesting and 
        transaction                  sale 
----  ---------------------------  --------------------------------- 
 c)    Price(s) and volume(s) 
----                                ---------------  ------------- 
                                     Acquisition 
                                      Price(s)          Volume(s) 
----                                ---------------  ------------- 
    GBP6.261                                          256,892 
   ------------------------------------------------  ------------- 
 
                                     Sale 
                                      Price(s)          Volume(s) 
                                    ---------------  ------------- 
    GBP6.261                                          121,164 
   ------------------------------------------------  ------------- 
 
 d)    Aggregated information 
---- 
 
                               Not applicable 
    *    Aggregated volume 
 
                               Not applicable 
    *    Price 
 
 e)    Date of the transaction      9 January 2018 
----  ---------------------------  --------------------------------- 
 f)    Place of the transaction     London SE XLON 
----  ---------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 10, 2018 11:55 ET (16:55 GMT)