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Devro PLC - Director/PDMR Shareholding

RNS Number : 8048P
Devro PLC
12 June 2020
 

DEVRO plc ("Devro" or "the Company")

 

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

 

 

The Company announces that an award over 27,507 ordinary Devro 10p shares was made yesterday, 11 June 2020, under the Devro plc Performance Share Plan to the Company's recently appointed Group Human Resources Director, Anton Zawada (the "Award").  The Award replaces a portion of the awards Mr Zawada forfeited at his previous employer, in order to take up his new position at the Company.

 

The award was made at nil cost, is due to vest on the following dates over the number of shares specified, subject to performance conditions:-

 

·    12,562 shares vest on 1 August 2020;

·    10,338 shares vest on 1 August 2021; and

·    4,607 shares vest on 1 August 2022. 

The notification at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail of the award granted.

 

Enquiries:

 

Andrew Money                                                                                              

Company Secretary

 

Tel:  01236 872261



 


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

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Anton Zawada

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR (Group Human Resources Director)

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Devro plc

b)

 

LEI

 

 

549300Z9YLY7LEMLJ904

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 the financial instrument, type of instrument

 

Identification code

 

 

Ordinary 10p shares

 

 

GB0002670437

b)

 

Nature of the transaction

 

 

Grant of award

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil cost

27,507





 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

27,507

 

Nil cost

 

 

e)

 

Date of the transaction

 

 

2020-06-11

f)

 

Place of the transaction

 

 

Outside a trading venue

 



 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Devro

Price: 166.6

Market: LSE
Market Cap: £278.14 m
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