Devro PLC Director/PDMR Shareholding (2529W)
17 August 2020 - 4:00PM
UK Regulatory
TIDMDVO
RNS Number : 2529W
Devro PLC
17 August 2020
DEVRO plc ("Devro" or "the Company")
Notification of Transactions of Directors, Persons Discharging
Managerial
Responsibility or Connected Persons
Following the vesting on 12 August 2020 of an award of Devro plc
10p ordinary shares ("Shares") made to Group Human Resources
Director, Anton Zawada, on 11 June 2020 under the Company's 2013
Performance Share Plan (the "Award") (to replace a portion of the
awards Mr Zawada forfeited at his previous employer, in order to
take up his position with the Company), Mr Zawada has undertaken
the following transactions in Shares:
On 12 August, Anton Zawada acquired 12,562 Shares for nil
consideration.
On 14 August, Anton Zawada sold 5,935 Shares at 181.8 pence per
Share to cover the tax liability and dealing costs arising on the
vesting of the Award.
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 Anton Zawada
-------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Group Human Resources Director /
PDMR
-------------------------- ---------------------------------------
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 Acquisition of shares following the
vesting on 12 August 2020 of an award
of shares granted on 11 June 2020
under the Company's 2013 Performance
Share Plan.
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 12,562
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume
12,562
- Price
Nil cost
-------------------------- ---------------------------------------
e) Date of the transaction 2020-08-12
-------------------------- ---------------------------------------
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 Anton Zawada
-------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Group Human Resources Director /
PDMR
-------------------------- ---------------------------------------
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 Sale of shares on 14 August 2020
to satisfy the tax liability arising
from a vesting of the award of shares
granted on 11 June 2020 under the
Company's 2013 Performance Share
Plan.
-------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
181.8 pence 5,935
----------
-------------------------- ---------------------------------------
d) Aggregated information
- Aggregated volume
5,935
- Price
181.8 pence
-------------------------- ---------------------------------------
e) Date of the transaction 2020-08-14
-------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
-------------------------- ---------------------------------------
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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