Avon Rubber PLC Director/PDMR Shareholding (3617G)
November 19 2015 - 11:51AM
UK Regulatory
TIDMAVON
RNS Number : 3617G
Avon Rubber PLC
19 November 2015
19 November 2015
Avon Rubber p.l.c. ("the Company")
Director's and PDMRs' Interest in Shares
On 18 November 2015, pursuant to the Company's deferred bonus
arrangements, a portion of the annual bonus payments due to the
Executive Director, Andrew Lewis and certain PDMRs of the Company
in respect of the 2014/15 financial year were deferred into Company
shares. 25% of the annual bonus linked to financial targets, as
distinct from personal performance targets, was subjected to tax
and national insurance/social security and the net amount was used
to purchase Company shares. The shares are to be held for two years
and are not subject to the Company's shareholding guidelines. The
table below sets out the number of deferred bonus shares and the
total number of shares held by Andrew Lewis and each PDMR.
Executive Director Deferred bonus Total Shareholding
shares (including
deferred bonus
shares)
---------------------- --------------- -------------------
Andrew Lewis 3,241 84,614
---------------------- --------------- -------------------
PDMRs
---------------------- --------------- -------------------
Miles Ingrey-Counter 1,057 41,578
---------------------- --------------- -------------------
Paul McDonald 1,272 50,316
---------------------- --------------- -------------------
John Kime 1,320 34,952
---------------------- --------------- -------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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