Porvair PLC Grant of options (9063T)
23 March 2023 - 2:03AM
UK Regulatory
TIDMPRV
RNS Number : 9063T
Porvair PLC
22 March 2023
For immediate release 22 March 2023
Grant of SAYE Options
Porvair plc ("Porvair", the "Group" or the "Company"), the
specialist filtration and environmental technologies group,
announces that on 22 March 2023 it granted options under the
Group's Save As You Earn scheme ("SAYE") including to James
Mills.
Grant of SAYE options
Options under the SAYE were granted to PDMRs as follows:
Options
awarded Minimum Total options
under the Grant Vesting holding held, including
Director Position SAYE scheme date date period SAYE options
22 March 1 June
James Mills CFO 5,836 2023 2028 None 153,256
---------- ------------- -------- ------- -------- -----------------
These options were granted at 514 pence per share and have no
performance conditions.
Following this grant the total number of LTSP and SAYE options
in issue is 935,092, representing approximately 2.0% of the shares
in issue.
For further information, please contact:
Chris Tyler, Group Company Secretary 01553 765 500
Notes to editors
Porvair plc
Porvair is a group of specialist filtration, laboratory and
environmental technology businesses. Its businesses design and
manufacture a range of bespoke consumable filtration products that
are used in a range of niche filtration markets. It operates in
three divisions: Aerospace & Industrial; Laboratory; and Metal
Melt Quality.
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 James Mills
------------------------------- -----------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------------
a. Position/status CFO
------------------------------- -----------------------------------------------
b. Initial notification Initial notification
/Amendment
------------------------------- -----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------
a. Name Porvair plc
------------------------------- -----------------------------------------------
b. LEI 213800ECKHS8LAQO3C45
------------------------------- -----------------------------------------------
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 Options over Ordinary Shares of 2 pence
of the under the Porvair plc Save As You Earn Scheme
Financial instrument,
type GB0006963689
of instrument
Identification
code
------------------------------- -----------------------------------------------
b. Nature of the
transaction Grant of options
------------------------------- -----------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) 5.14 5,836
----------
------------------------------- -----------------------------------------------
d. Aggregated information
* Aggregated volume As above
* Price
------------------------------- -----------------------------------------------
Date of the
e. transaction 2023-03-22
------------------------------- -----------------------------------------------
f. Place of the Outside a trading venue
transaction
------------------------------- -----------------------------------------------
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END
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