Avon Rubber PLC Director/PDMR Shareholding (8469B)
April 06 2017 - 11:03AM
UK Regulatory
TIDMAVON
RNS Number : 8469B
Avon Rubber PLC
06 April 2017
Avon Rubber p.l.c.
6 April 2017
Avon Rubber p.l.c.
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 05 April 2017 that the
following purchases of Avon Rubber p.l.c. ordinary shares were made
by Equiniti Share Plan Trustees Limited on 05 April 2017 on behalf
of two of the Company's persons discharging managerial
responsibilities pursuant to the Company's Share Incentive Plan
(SIP).
The SIP is an all-employee share plan arrangement approved by HM
Revenue and Customs, under which employees are able to buy ordinary
shares in the Company using deductions from salary in each monthly
pay period.
Section 85(1) of the Financial Services and Markets Act 2000
(FSMA 2000) provides that it is unlawful to offer transferable
securities to the public unless an approved prospectus has been
made available. The total consideration for the securities being
offered is less than EUR5,000,000 therefore the Company will fall
within the exemption at paragraph 9(1) of Schedule 11A of FSMA
2000.
This notification is made in order to satisfy both section 793
of the Companies Act 2006 and the requirements of the EU Market
Abuse Regulation.
The information contained in the below notifications are
disclosed in accordance with the EU Market Abuse Regulation.
1. Details of PDMR
--------- ---------------------------------------------------------------
a) Name Miles Ingrey-Counter
--------- ---------------------- ---------------------------------------
b) Position Company Secretary
/ status
--------- ---------------------- ---------------------------------------
c) Initial Initial notification
notification
/
amendment
--------- ---------------------- ---------------------------------------
2. 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 Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial GB0000667013
instrument
and ISIN
Code
--------- ---------------------- ---------------------------------------
b) Nature of Acquisition of shares in accordance
the with Avon's share incentive plan.
transaction
--------- ---------------------- ---------------------------------------
c) Price(s) Price(s) Volume(s)
and
volume(s)
--------- ---------------------- ------------------- ------------------
GBP 9.90 15
---------------------------------------------------- ------------------
d) Aggregated GBP 148.50
information
Aggregated
volume
Price
--------- ---------------------- ---------------------------------------
e) Date of 2017-04-05
the
transaction
--------- ---------------------- ---------------------------------------
f) Place of London Stock Exchange
the
transaction
--------- ---------------------- ---------------------------------------
3. Details of PDMR
--------- ---------------------------------------------------------------
d) Name Craig Sage
--------- ---------------------- ---------------------------------------
e) Position Divisional Head - Dairy
/ status
--------- ---------------------- ---------------------------------------
f) Initial Initial notification
notification
/
amendment
--------- ---------------------- ---------------------------------------
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
--------- ---------------------------------------------------------------
g) Description Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial GB0000667013
instrument
and ISIN
Code
--------- ---------------------- ---------------------------------------
h) Nature of Acquisition of shares in accordance
the with Avon's share incentive plan.
transaction
--------- ---------------------- ---------------------------------------
i) Price(s) Price(s) Volume(s)
and
volume(s)
--------- ---------------------- ------------------- ------------------
GBP 9.90 15
---------------------------------------------------- ------------------
j) Aggregated GBP 148.50
information
Aggregated
volume
Price
--------- ---------------------- ---------------------------------------
k) Date of 2017-04-05
the
transaction
--------- ---------------------- ---------------------------------------
l) Place of London Stock Exchange
the
transaction
--------- ---------------------- ---------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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