Rotork PLC Director/PDMR Shareholding (7220P)
04 September 2017 - 7:40PM
UK Regulatory
TIDMROR
RNS Number : 7220P
Rotork PLC
04 September 2017
Monthly share purchase by Executive Chairman
Rotork plc (the "Company") announces that it has been notified
of the following transaction in the Company's ordinary 0.5p shares
undertaken by a director/person discharging managerial
responsibility.
Acquisition of ordinary shares by Martin Lamb, Executive
Chairman, under a monthly rolling share purchase agreement with the
Company during the period that he also acts as interim Chief
Executive. Martin Lamb has volunteered to invest all the additional
net fees that he will receive for undertaking the interim Chief
Executive role in the Company's ordinary shares and to hold them
for a minimum of two years following purchase.
The notifications set out below are provided in accordance with
the requirements of Article 19 of the EU Market Abuse
Regulations.
1 Details of the person discharging managerial responsibilities/persons
closely associated
---- --------------------------------------------------------------------------------------
a) Name Martin Lamb
---- ------------------------------------------ ------------------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------------------------
a) Position/status PDMR/Executive Chairman
---- ------------------------------------------ ------------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------------------ ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- --------------------------------------------------------------------------------------
a) Name Rotork plc
---- ------------------------------------------ ------------------------------------------
b) LEI 213800AH5RZIHGWRJ718
---- ------------------------------------------ ------------------------------------------
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 0.5p shares
financial instrument,
type of instrument
----
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Monthly acquisition of shares using
amounts deducted from net monthly
fees of Executive Chairman.
---- ------------------------------------------ ------------------------------------------
c) Price(s) and volume(s)
---- ------------------- ------------------
Price(s) Volume(s)
---- ------------------- ------------------
GBP2.293 13,985
------------------------------------------------------------------- ------------------
d) Aggregated information
----
- Aggregated volume n/a (single transaction)
- Price
e) Date of the transaction 31/08/2017 (GMT)
---- ------------------------------------------ ------------------------------------------
f) Place of the transaction London Stock Exchange
---- ------------------------------------------ ------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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