TIDMPRV

RNS Number : 5283Q

Porvair PLC

30 November 2016

FOR IMMEDIATE RELEASE

Porvair plc ("Porvair" or the "Company")

Director's shareholding and changes in equity

The Company has been notified of the following purchases of ordinary shares of 2 pence each in the Company ("Shares") by Ben Stocks, Chief Executive, pursuant to the Company's dividend reinvestment plan.

 
Director     Date of purchase           Number of  Purchase price 
                                 Shares purchased 
Ben Stocks   3 June 2016                    3,997            334p 
 2 September 
  2016                                      2,247            386p 
 

Following these dealings, Ben Stocks is interested in 665,731 Shares, representing approximately 1.47 per cent. of the Company's issued share capital.

Following the issue of 150,928 new Shares to satisfy the exercise of SAYE share options during October and November 2016 and 25,000 new Shares to satisfy the exercise of EMI share options in July 2016, the Company has 45,307,680 Shares in issue. There are no Shares held in treasury. Therefore, the total number of voting rights in the Company following the issue of the new Shares is 45,307,680. 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 
 
 Buchanan Communications       0207 466 5000 
 Charles Ryland / Stephanie 
  Watson 
 
 

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                            Ben Stocks 
---  ------------------------------  ----------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------- 
 a.   Position/status                 Chief Executive 
---  ------------------------------  ----------------------------------- 
 b.   Initial notification            Initial 
       /Amendment 
---  ------------------------------  ----------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------- 
 a.   Name                            Porvair plc 
---  ------------------------------  ----------------------------------- 
 b.   LEI                             N/A 
---  ------------------------------  ----------------------------------- 
 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 2 pence each 
       of the 
       Financial                       ISIN: GB0006963689 
       instrument, 
       type 
       of instrument 
       Identification 
       code 
---  ------------------------------  ----------------------------------- 
 b.   Nature of                       Purchase of shares 
       the transaction 
---  ------------------------------  ----------------------------------- 
 c.   Price(s)                          Price(s)   Volume(s) 
       and volume(s)                    ---------  ---------- 
                                         334p       3,997 
                                        ---------  ---------- 
                                         386p       2,247 
                                        ---------  ---------- 
---  ------------------------------  ----------------------------------- 
 d.        Aggregated 
            information                 3,997 shares at 334p 
             *    Aggregated volume     2,247 shares at 386p 
 
 
             *    Price 
---  ------------------------------  ----------------------------------- 
 e.   Date of the                     2016-06-03 and 2016-09-02 
       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

DSHGIBDBGDXBGLG

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November 30, 2016 03:21 ET (08:21 GMT)

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