REG - IMI PLC - Director/PDMR Shareholding

IMIAnnouncement

01/05/2024 15:00

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RNS Number : 8718M  IMI PLC  01 May 2024

1 May 2024

 

IMI PLC

(the "Company")

Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs") and Persons Closely Associated with them

The Company announces the following transaction by a PDMR in the Company's
ordinary shares ("Shares"). Pursuant to invitations issued on 9 April 2024 to
all eligible UK employees, options over an aggregate of 46,776 Shares were
granted on 1 May 2024 under the IMI Sharesave Plan (the "Scheme"). The Scheme
is an all-employee scheme which gives the opportunity to
eligible UK employees to acquire Shares at a discount of 10% of the market
value of the Shares at the time the invitation was issued. In consideration of
these options, the grantees will make monthly savings during the associated
savings contract. The exercise price is £16.218 per share.

Options granted to a PDMR:

 Name       Position                 No. of shares under options granted  Savings Contract Period
 Roy Twite  Chief Executive Officer  1,109                                3 years

 

This notification relates to transactions notified in accordance with the
Market Abuse Regulation, further details below:

 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  Ordinary shares of 28 4/7p each

 Identification code
 

GB00BGLP8L22
 b)    Nature of the transaction                                    Grant of options under the all-employee HMRC IMI Sharesave Plan.
  c)   Price(s) and volume(s)                                       Price(s)                                        Volume(s)
                                                                    £16.218                                         1,109
 d)    Aggregated information                                       N/A single transaction

       ·      Aggregated volume

       ·      Price
 e)    Date of the transaction                                      1 May 2024
 f)    Place of the transaction                                     Outside of a trading venue

For further information, please contact:

Fran Burge

Assistant Company Secretary

Telephone: 0121 717 3700

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