Director/PDMR Shareholding

By

Regulatory News | 18 Dec, 2020

Updated : 14:13

RNS Number : 2134J
Devro PLC
18 December 2020
 

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

 

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

 

 

Devro plc announces that Beverley Munro, Group Business Excellence Director and PDMR, has advised the Company that on 17 December 2020 she exercised nil-price options over 13,460 Devro plc 10p Ordinary Shares ("Shares") under the Devro 2009 Deferred Share Bonus Plan, and on 18 December sold 9,815 Shares at 1.466 pence per share in order to satisfy the payment of income tax and incidental fees arising from this transaction.

 

The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.

 

 

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

 

 

Beverley Munro

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR (Group Business Excellence 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

 

 

Acquisition of shares following the vesting on 17 December 2020 of the award of shares made on 9 March 2011 and 22 March 2016 under the Devro 2009 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil cost

5,830

Nil cost

7,630



 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

13,460

 

Nil cost

 

 

e)

 

Date of the transaction

 

 

2020-12-17

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

 

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

 

 

Beverley Munro

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR (Group Business Excellence 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

 

 

Sale of shares arising from a vesting of the award of shares made on 9 March 2011 and 22 March 2016 under the Devro 2009 Deferred Share Bonus Plan in order to satisfy the payment of income tax and incidental fees arising from this transaction.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£1.466

9,815

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

e)

 

Date of the transaction

 

 

2020-12-18

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 

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