Devro PLC Director/PDMR Shareholding (8048P)
12 June 2020 - 5:27PM
UK Regulatory
TIDMDVO
RNS Number : 8048P
Devro PLC
12 June 2020
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging
Managerial
Responsibility or Connected Persons
The Company announces that an award over 27,507 ordinary Devro
10p shares was made yesterday, 11 June 2020, under the Devro plc
Performance Share Plan to the Company's recently appointed Group
Human Resources Director, Anton Zawada (the "Award"). The Award
replaces a portion of the awards Mr Zawada forfeited at his
previous employer, in order to take up his new position at the
Company.
The award was made at nil cost, is due to vest on the following
dates over the number of shares specified, subject to performance
conditions:-
-- 12,562 shares vest on 1 August 2020;
-- 10,338 shares vest on 1 August 2021; and
-- 4,607 shares vest on 1 August 2022.
The notification at the end of the announcement, made in
accordance with the requirements of the EU Market Abuse Regulation,
provides further detail of the award granted.
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 Anton Zawada
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status PDMR (Group Human Resources Director)
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
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 Ordinary 10p shares
financial instrument,
type of instrument
GB0002670437
Identification code
--------------------------- --------------------------------------
b) Nature of the transaction Grant of award
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 27,507
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume 27,507
- Price Nil cost
--------------------------- --------------------------------------
e) Date of the transaction 2020-06-11
--------------------------- --------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------- --------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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