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Pin to quick picksEssentra Regulatory News (ESNT)

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Director/PDMR Shareholding

9 Mar 2015 17:53

RNS Number : 9604G
Essentra plc
09 March 2015
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

 

The Company was advised on 6 March 2015 of the following notification made in accordance with Disclosure Rule 3.1.4R(1), and in accordance with Section 793 of the Companies Act 2006, for persons discharging managerial responsibility ('PDMR').

 

1. Name of company

 

Essentra plc

 

2. Name of PDMR

 

PT Sreekumar

 

3. Nature of transaction

 

Transfer of shares under the Company's Deferred Annual Share Bonus Plan ('DASB')

Sale of 69,846 shares at an average price of £9.76. A significant proportion of the funds arising from this sale were used to fund tax and other costs arising from transfer of share awards under the DASB and the Company's Long Term Incentive Plan.

 

4. Date of grant

 

March 2012

 

5. Period during which or date on which exercisable

 

n/a

 

6. Total amount paid (if any) for grant of the option

 

n/a

 

7. Description of shares or debentures involved: class, number

 

Transfer of 22,218 ordinary shares under the DASB

 

Sale of 69,846 ordinary shares

 

 

8. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

 

n/a

 

9. Total number of 25p ordinary shares held following this notification

 

PT Sreekumar holds 322,218 ordinary shares which represents 0.12% of the Company's current voting rights.

 

10. Any additional information

 

n/a

 

 

11. Name of contact and telephone number for queries

 

Jon Green 01908 359 100

 

12. Name and signature of authorised company official responsible for making this notification

 

Jon Green, Company Secretary & General Counsel

 

Date of Notification

 

9 March 2015

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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