REG - De La Rue PLC - Director/PDMR Shareholding
11/07/2022 07:00
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RNS Number : 8837R De La Rue PLC 11 July 2022
De La Rue plc
Director/PDMR Shareholding
Notification of transactions by persons discharging managerial
responsibilities and persons closely associated with them
11 July 2022
De La Rue plc (the "Company") announces that on 8 July 2022 the first half of
the awards made under the De La Rue Deferred Bonus Plan (the "DBP") to Clive
Vacher, Rob Harding and Ruth Euling (each of whom is an Executive Director and
a Person Discharging Managerial Responsibilities ("PDMR") of the Company) on 8
July 2021 vested and were automatically released. The second half of these
awards will vest on 8 July 2023, subject to the rules of the DBP. The
vesting of this first half of their awards creates a change in the interests
of each of them in the ordinary shares of 44(152)/(175)p of the Company
("Shares").
In line with the rules of the DBP, the Company has withheld a proportion of
each award so that it is able to sell sufficient Shares to fund income tax and
national insurance withholdings and the associated dealing costs. Those
Shares were sold in the market by the Company on 8 July 2022 at a weighted
average price of 80.2 pence per Share.
Name of Director/PDMR Role Number of Shares subject to the Award vesting Number of Shares sold in the market Number of Shares retained by the PDMR
Clive Vacher CEO 63,700 30,845 32,855
Rob Harding CFO 17,218 8,339 8,879
Ruth Euling MD, Currency 25,669 12,429 13,240
Following these transactions, the holdings of each of the three PDMRs of the
Company's Shares are as follows:
Name of Director/PDMR Role Number of Shares held by the PDMR
Clive Vacher CEO 233,904
Rob Harding CFO 8,879
Ruth Euling MD, Currency 49,217
The relevant information set out below is provided in accordance with the
requirements of Article 19 of the Market Abuse Regulation as retained in UK
law.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Clive Vacher
2 Reason for the notification
a) Position/status Executive Director/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 De La Rue plc
b) LEI 213800DH741LZWIJXP78
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 of the financial instrument, type of instrument Ordinary shares of 44(152)/(175)p
Identification code
GB00B3DGH821
b) Nature of the transaction (a) Vesting of a conditional award in respect of 63,700 Shares under the
rules of the De La Rue Deferred Bonus Plan.
(b) Sale of Shares to fund income tax and national insurance withholdings
and the associated dealing costs
c) Price(s) and volume(s)
Price(s) Volume(s)
(a) £0.00 (a) 63,700
(b) £0.802 (b) 30,845
d) Aggregated information N/A
- Aggregated volume
- Price
- Aggregated total
e) Date of the transaction (a) 8 July 2022
(b) 8 July 2022
f) Place of the transaction (a) Outside a trading venue
(b) London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
N/A
e)
Date of the transaction
(a) 8 July 2022
(b) 8 July 2022
f)
Place of the transaction
(a) Outside a trading venue
(b) London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Rob Harding
2 Reason for the notification
a) Position/status Executive Director/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 De La Rue plc
b) LEI 213800DH741LZWIJXP78
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 of the financial instrument, type of instrument Ordinary shares of 44(152)/(175)p
Identification code
GB00B3DGH821
b) Nature of the transaction (a) Vesting of a conditional award in respect of 17,218 Shares under the
rules of the De La Rue Deferred Bonus Plan.
(b) Sale of Shares to fund income tax and national insurance withholdings
and the associated dealing costs
c) Price(s) and volume(s)
Price(s) Volume(s)
(a) £0.00 (a) 17,218
(b) £0.802 (b) 8,339
d) Aggregated information N/A
- Aggregated volume
- Price
- Aggregated total
e) Date of the transaction (a) 8 July 2022
(b) 8 July 2022
f) Place of the transaction (a) Outside a trading venue
(b) London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
N/A
e)
Date of the transaction
(a) 8 July 2022
(b) 8 July 2022
f)
Place of the transaction
(a) Outside a trading venue
(b) London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ruth Euling
2 Reason for the notification
a) Position/status Executive Director/MD, Currency
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name De La Rue plc
b) LEI 213800DH741LZWIJXP78
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 of the financial instrument, type of instrument Ordinary shares of 44(152)/(175)p
Identification code
GB00B3DGH821
b) Nature of the transaction (a) Vesting of a conditional award in respect of 25,669 Shares under the
rules of the De La Rue Deferred Bonus Plan.
(b) Sale of Shares to fund income tax and national insurance withholdings
and the associated dealing costs
c) Price(s) and volume(s)
Price(s) Volume(s)
(a) £0.00 (a) 25,669
(b) £0.802 (b) 12,429
d) Aggregated information N/A
- Aggregated volume
- Price
- Aggregated total
e) Date of the transaction (a) 8 July 2022
(b) 8 July 2022
f) Place of the transaction (a) Outside a trading venue
(b) London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
N/A
e)
Date of the transaction
(a) 8 July 2022
(b) 8 July 2022
f)
Place of the transaction
(a) Outside a trading venue
(b) London Stock Exchange
Jane Hyde, Company Secretary
Contact Number: 01256 605212
11 July 2022
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
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