TIDMAVON

RNS Number : 7798E

Avon Rubber PLC

05 November 2015

Avon Rubber p.l.c.

5 November 2015

Avon Rubber p.l.c.

Directors'/PDMR Shareholdings - SIP

Avon Rubber p.l.c. was notified on 05 November 2015 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees Limited on 05 November 2015 on behalf of the Company's executive directors and 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.

 
                    Number            Percentage   Price        Beneficial           Percentage 
                    of Partnership    of issued    Per Share    Interest             of issued 
                    Shares            share                     in shares            share capital 
                    acquired          capital                   following 
                    under             acquired                  this notification 
                    the SIP 
-----------------  ----------------  -----------  -----------  -------------------  --------------- 
 Executive 
  Directors 
-----------------------------------  -----------  -----------  -------------------  --------------- 
 Andrew 
  Lewis             12                0.00004      GBP11.65     81,373               0.262 
-----------------  ----------------  -----------  -----------  -------------------  --------------- 
 PDMRs 
-----------------  ----------------  -----------  -----------  -------------------  --------------- 
 Miles 
  Ingrey-Counter    12                0.00004      GBP11.65     40,521               0.131 
-----------------  ----------------  -----------  -----------  -------------------  ---------------

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 Disclosure and Transparency Rule 3.1.2.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSLLFVDLDLEIIE

(END) Dow Jones Newswires

November 05, 2015 12:39 ET (17:39 GMT)

Avon Protection (LSE:AVON)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Avon Protection Charts.
Avon Protection (LSE:AVON)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Avon Protection Charts.