Director/PDMR Shareholding
Updated : 16:56
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 /Amendment
| Initial notification | |||
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 the financial instrument, type of instrument | 10 pence ordinary shares
| |||
Identification code | GB0003096442 | ||||
b)
| Nature of the transaction
| Acquisition on vesting and sale | |||
c)
| Price(s) and volume(s) | ||||
Acquisition Price(s) |
Volume(s) | ||||
£6.261 | 256,892 | ||||
Sale Price(s) |
Volume(s) | ||||
£6.261 | 121,164 | ||||
|
| ||||
d)
| Aggregated information | ||||
- Aggregated volume | Not applicable | ||||
- Price | Not applicable | ||||
e)
| Date of the transaction
| 9 January 2018 | |||
f)
| Place of the transaction
| London SE XLON | |||
This information is provided by RNS