TIDMPRV
RNS Number : 4475J
Porvair PLC
28 June 2017
28 June 2017
Porvair plc ("Porvair" or the "Company")
Director's Shareholding and Issue of Equity
The Company was notified on 27 June 2017 of the following
exercise of Long Term Share Plan Share options ("LTSP") over
ordinary shares of 2 pence each in the Company ("Ordinary
Shares").
Director Scheme Year of Exercise price Options exercised
grant
Ben Stocks LTSP 2014 2.0p 104,880
Chris Tyler LTSP 2014 2.0p 73,150
On the same day, the Company was notified that Ben Stocks, Group
CEO, and Chris Tyler, Group Finance Director had sold the following
Ordinary Shares in order to meet the cost of exercise, the personal
taxation liabilities arising on the options and certain other
financial commitments.
Director Transaction Price Number
Ben Stocks Sale GBP5.416 75,000
Chris Tyler Sale GBP5.416 70,000
The Company was also notified on 21 June 2017 of the following
purchase on 2 June 2017 by Ben Stocks of Ordinary Shares pursuant
to the Group's dividend reinvestment plan ("DRIP").
Director Transaction Price Number
Ben Stocks DRIP purchase GBP6.04 2,467
Following these dealings, Ben Stocks' holding in the Company has
increased by 29,880 Ordinary Shares to 698,078 Ordinary Shares,
representing approximately 1.5 per cent. of the Company's issued
share capital. Chris Tyler's holding in the Company has increased
by 3,150 Ordinary Shares to 452,186 Ordinary Shares, representing
approximately 1.0 per cent. of the Company's issued share
capital.
Following the issue of the 178,030 new Ordinary Shares, the
Company will have 45,521,535 Ordinary Shares in issue. There are no
Ordinary Shares held in treasury. Therefore, as at today's date,
the total number of voting rights in the Company is 45,521,535.
This figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company, under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Porvair plc 01553 765 500
Chris Tyler, Group Finance
Director
Notes to Editors
Porvair is a group of specialist filtration and environmental
technology businesses. Its businesses design and manufacture a
range of bespoke consumable filtration products that are used in a
range of niche filtration markets. Its principal markets are
aviation, energy and industrial process, environmental laboratories
and non-ferrous metals.
Notification and public disclosure of transactions by persons
discharging
managerial responsibilities and persons closely associated with
them
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------------
a. Name Christopher Tyler
--- ------------------------------ -----------------------------------
2. Reason for the notification
--- -------------------------------------------------------------------
a. Position/status CFO
--- ------------------------------ -----------------------------------
b. Initial notification Initial notification
/Amendment
--- ------------------------------ -----------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------
a. Name Porvair plc
--- ------------------------------ -----------------------------------
b. LEI
--- ------------------------------ -----------------------------------
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 shares of 2p
of the
Financial
instrument, GB0006963689
type
of instrument
Identification
code
--- ------------------------------ -----------------------------------
b. Nature of
the transaction Exercise of LTSP share options
Sale of ordinary shares
--- ------------------------------ -----------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.02 73,150
---------- ----------
GBP5.416 70,000
---------- ----------
--- ------------------------------ -----------------------------------
d. Aggregated
information As above
* Aggregated volume
* Price
--- ------------------------------ -----------------------------------
e. Date of the 2017-6-27
transaction
--- ------------------------------ -----------------------------------
f. Place of London Stock Exchange, Main Market
the transaction (XLON)
--- ------------------------------ -----------------------------------
Notification and public disclosure of transactions by persons
discharging
managerial responsibilities and persons closely associated with
them
5. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------------
a. Name Ben Stocks
--- ------------------------------ -----------------------------------
6. Reason for the notification
--- -------------------------------------------------------------------
a. Position/status CEO
--- ------------------------------ -----------------------------------
b. Initial notification Initial notification
/Amendment
--- ------------------------------ -----------------------------------
7. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------
a. Name Porvair plc
--- ------------------------------ -----------------------------------
b. LEI
--- ------------------------------ -----------------------------------
8. 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 shares of 2p
of the
Financial
instrument, GB0006963689
type
of instrument
Identification
code
--- ------------------------------ -----------------------------------
b. Nature of
the transaction Exercise of LTSP share options
Sale of ordinary shares
--- ------------------------------ -----------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.02 104,880
---------- ----------
GBP5.416 75,000
---------- ----------
--- ------------------------------ -----------------------------------
d. Aggregated
information As above
* Aggregated volume
* Price
--- ------------------------------ -----------------------------------
e. Date of the 2017-6-27
transaction
--- ------------------------------ -----------------------------------
f. Place of London Stock Exchange, Main Market
the transaction (XLON)
--- ------------------------------ -----------------------------------
Notification and public disclosure of transactions by persons
discharging
managerial responsibilities and persons closely associated with
them
9. Details of the person discharging managerial
responsibilities / person closely associated
---- -------------------------------------------------------------------
a. Name Ben Stocks
---- ------------------------------ -----------------------------------
10. Reason for the notification
---- -------------------------------------------------------------------
a. Position/status CEO
---- ------------------------------ -----------------------------------
b. Initial notification Initial notification
/Amendment
---- ------------------------------ -----------------------------------
11. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------------
a. Name Porvair plc
---- ------------------------------ -----------------------------------
b. LEI
---- ------------------------------ -----------------------------------
12. 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 shares of 2p
of the
Financial
instrument, GB0006963689
type
of instrument
Identification
code
---- ------------------------------ -----------------------------------
b. Nature of
the transaction Purchase of shares through the
dividend reinvestment plan
---- ------------------------------ -----------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP6.04 2,467
---------- ----------
---- ------------------------------ -----------------------------------
d. Aggregated
information As above
* Aggregated volume
* Price
---- ------------------------------ -----------------------------------
e. Date of the 2017-6-2
transaction
---- ------------------------------ -----------------------------------
f. Place of London Stock Exchange, Main Market
the transaction (XLON)
---- ------------------------------ -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFVLRIITFID
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