Rotork PLC Director/PDMR Shareholding (8534R)

TIDMROR

RNS Number : 8534R

Rotork PLC

26 September 2017

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transaction in the Company's ordinary 0.5p shares undertaken by a director/person discharging managerial responsibility.

Acquisition of ordinary shares by Sally James, Senior Independent Director, under a monthly rolling share purchase agreement with the Company. Sally James has volunteered to invest all the additional net fees that she will receive for undertaking increased responsibilities whilst the Chairman undertakes the interim Chief Executive role, in the Company's ordinary shares and to hold them for a minimum of two years following purchase.

The notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

 
 1     Details of the person discharging managerial 
        responsibilities / closely associated person 
----  -------------------------------------------------------------------- 
 a)    Name 
                                         Sally James 
----  ------------------------------  ------------------------------------ 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/status                 PDMR/ Senior Independent 
                                        Director 
----  ------------------------------  ------------------------------------ 
 b)    Initial notification            Initial notification 
        /Amendment 
----  ------------------------------  ------------------------------------ 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name                            Rotork plc 
----  ------------------------------  ------------------------------------ 
 b)    LEI                             213800AH5RZIHGWRJ718 
----  ------------------------------  ------------------------------------ 
 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 0.5p shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN GB00BVFNZH21 
        code 
 
 b)    Nature of the                   Monthly acquisition of shares 
        transaction                     using amounts deducted from 
                                        net monthly fees of Sally 
                                        James, Senior Independent 
                                        Director. 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ----------------  --------------- 
                                        Price(s)          Volume(s) 
----                                   ----------------  --------------- 
                                               GBP2.532              757 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction         21/09/2017 (GMT) 
----  ------------------------------  ------------------------------------ 
 f)    Place of the transaction        London Stock Exchange 
----  ------------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 26, 2017 06:40 ET (10:40 GMT)