Avon Rubber PLC Director/PDMR Shareholding (3630V)
07 August 2015 - 12:35AM
UK Regulatory
TIDMAVON
RNS Number : 3630V
Avon Rubber PLC
06 August 2015
RNS Number:
Avon Rubber p.l.c.
6 August 2015
Avon Rubber p.l.c.
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 6 August 2015 that the
following purchases of Avon Rubber p.l.c. ordinary shares were made
by Equiniti Share Plan Trustees Limited on 5 August 2015 on behalf
of the Company's executive directors and persons discharging
managerial responsibilities pursuant to the Company's Share
Incentive Plan (SIP).
The SIP is an all-employee share plan arrangement approved by HM
Revenue and Customs, under which employees are able to buy ordinary
shares in the Company using deductions from salary in each monthly
pay period.
Number Percentage Price Beneficial Percentage
of Partnership of issued Per Share Interest in of issued share
Shares share capital shares following capital
acquired acquired this notification
under the
SIP
Executive Directors
Peter
Slabbert 19 0.0001 GBP8.09 137,863 0.444
---------------- --------------- ----------- ------------------- -----------------
Andrew
Lewis 19 0.0001 GBP8.09 81,328 0.262
---------------- --------------- ----------- ------------------- -----------------
PDMRs
Miles
Ingrey-Counter 19 0.0001 GBP8.09 40,476 0.130
---------------- --------------- ----------- ------------------- -----------------
Section 85(1) of the Financial Services and Markets Act 2000
(FSMA 2000) provides that it is unlawful to offer transferable
securities to the public unless an approved prospectus has been
made available. The total consideration for the securities being
offered is less than EUR5,000,000 therefore the Company will fall
within the exemption at paragraph 9(1) of Schedule 11A of FSMA
2000.
This notification is made in order to satisfy both section 793
of the Companies Act 2006 and Disclosure and Transparency Rule
3.1.2.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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