RNS Number : 4912K
IMI PLC
12 April 2024
 

12 April 2024                

IMI PLC (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

The Company announces the following transaction by PDMRs in the Company's ordinary shares ("Shares"). 

Pursuant to invitations issued on Monday 11 March 2024 to all eligible UK employees, 15,057 Shares were awarded on 11 April 2024 under the IMI Employee Share Ownership Plan (the "ESOP"). The ESOP is an all-employee scheme which gives the opportunity to eligible UK employees to receive free Shares at market value up to a maximum value of £3,600.

Shares are held within the ESOP trust until an employee leaves or sells their award. Eligible employees make no consideration to receive these awards. However, there are different tax treatments depending on how long the Shares remain within the ESOP trust. The price on the day of the award was £17.95 per share.

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Roy Twite

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 IMI plc

b)

LEI

 2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

  Identification code

Ordinary share

 
GB00BGLP8L22

b)

Nature of the transaction

Award of Free shares under the all-employee HMRC Employee Share Ownership Plan. 

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£17.95

200

d)

Aggregated information

·      Aggregated volume

·      Price

N/A Single transaction

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue






 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Daniel Shook

2.

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 IMI plc

b)

LEI

 2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

  Identification code

Ordinary share

 
GB00BGLP8L22

b)

Nature of the transaction

Award of Free shares under the all-employee HMRC Employee Share Ownership Plan. 

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£17.95

200

d)

Aggregated information

·      Aggregated volume

·      Price

N/A Single transaction

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue






 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Elizabeth Rose

2.

Reason for the notification

a)

Position/status

Chief People Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 IMI plc

b)

LEI

 2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

  Identification code

Ordinary share

 
GB00BGLP8L22

b)

Nature of the transaction

Award of Free shares under the all-employee HMRC Employee Share Ownership Plan. 

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£17.95

142

d)

Aggregated information

·      Aggregated volume

·      Price

N/A Single transaction

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue






 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Bethany Ferreira

2.

Reason for the notification

a)

Position/status

CEO Life Technology

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 IMI plc

b)

LEI

 2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

  Identification code

Ordinary share

 
GB00BGLP8L22

b)

Nature of the transaction

Award of Free shares under the all-employee HMRC Employee Share Ownership Plan. 

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£17.95

200

d)

Aggregated information

·      Aggregated volume

·      Price

N/A Single transaction

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue






 

1

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Louise Waldek

2.

Reason for the notification

a)

Position/status

Chief Legal & Risk Officer and Company Secretary

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 IMI plc

b)

LEI

 2138002W9Q21PF751R30

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

  Identification code

Ordinary share

 
GB00BGLP8L22

b)

Nature of the transaction

Award of Free shares under the all-employee HMRC Employee Share Ownership Plan. 

 

 c)

Price(s) and volume(s)

Price(s)

Volume(s)

£17.95

125

d)

Aggregated information

·      Aggregated volume

·      Price

N/A Single transaction

e)

Date of the transaction

11 April 2024

f)

Place of the transaction

Outside a trading venue






 

For further information, please contact:

Fran Burge

Assistant Company Secretary
Telephone: 0121 717 3700

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