Avon Rubber PLC Director/PDMR Shareholding (2087Q)
September 08 2017 - 4:07AM
UK Regulatory
TIDMAVON
RNS Number : 2087Q
Avon Rubber PLC
08 September 2017
8 September 2017
Avon Rubber p.l.c.
('the Company')
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 6 September 2017 that the
following purchases of Avon Rubber p.l.c. ordinary shares were made
by Equiniti Share Plan Trustees Limited on 5 September 2017 on
behalf of three 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 person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
a) Name Nicholas Keveth
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
a) Position / Chief Financial Officer
status
-------- ------------------------- ------------------------------------
b) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
a) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
b) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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 Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
b) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ------------ ----------
GBP 9.4635 16
------------ ----------
-------- ------------------------- ------------------------------------
d) Aggregated
Information 16
* Aggregated volume GBP 9.4635
GBP 151.416
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
e) Date of the 2017-09-05
transaction
-------- ------------------------- ------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
1 Details of person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
b) Name Miles Ingrey-Counter
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
c) Position / Company Secretary
status
-------- ------------------------- ------------------------------------
d) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
c) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
d) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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 instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
h) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
i) Price(s) and Price(s) Volume(s)
volume(s) ------------ ----------
GBP 9.4635 16
------------ ----------
-------- ------------------------- ------------------------------------
j) Aggregated
Information 16
* Aggregated volume GBP 9.4635
GBP 151.416
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
k) Date of the 2017-09-05
transaction
-------- ------------------------- ------------------------------------
l) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
1 Details of person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
c) Name Craig Sage
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
e) Position / Divisional Head - Dairy
status
-------- ------------------------- ------------------------------------
f) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
e) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
f) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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
-------- ---------------------------------------------------------------
m) Description Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
n) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
o) Price(s) and Price(s) Volume(s)
volume(s) ------------ ----------
GBP 9.4635 16
------------ ----------
-------- ------------------------- ------------------------------------
p) Aggregated
Information 16
* Aggregated volume GBP 9.4635
GBP 151.416
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
q) Date of the 2017-09-05
transaction
-------- ------------------------- ------------------------------------
r) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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