Avon Rubber PLC Director/PDMR Shareholding (4952X)
06 May 2016 - 6:49PM
UK Regulatory
TIDMAVON
RNS Number : 4952X
Avon Rubber PLC
06 May 2016
RNS Number:4952X
Avon Rubber p.l.c.
6 May 2016
Avon Rubber p.l.c.
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 5 May 2016 that the following
purchases of Avon Rubber p.l.c. ordinary shares were made by
Equiniti Share Plan Trustees Limited on 5 May 2016 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 of issued
Shares share in shares share capital
acquired capital following
under acquired this notification
the SIP
------------------ ---------------- ----------- ----------- ------------------- ---------------
Executive
Directors
------------------------------------ ----------- ----------- ------------------- ---------------
Andrew
Lewis 18 0.00006 GBP8.2625 60,077 0.194
------------------ ---------------- ----------- ----------- ------------------- ---------------
PDMRs
------------------ ---------------- ----------- ----------- ------------------- ---------------
Miles
Ingrey-Counter 18 0.00006 GBP8.2625 18,506 0.060
------------------ ---------------- ----------- ----------- ------------------- ---------------
Sarah
Matthews-DeMers 18 0.00006 GBP8.2625 4,289 0.014
------------------ ---------------- ----------- ----------- ------------------- ---------------
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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