Avon Technologies - Director/PDMR Shareholding

Avon Technologies

11/03/2025 17:00

RNS Number : 2490A

Avon Technologies Plc

11 March 2025

 

11 March  2025

Avon Technologies plc

("the Company")

PDMRs' Interest in Shares

 

As previously disclosed, an award was granted under the Company's Long Term Incentive Plan to Rich Cashin on 8 March 2022 ('the Award').   The Award vested on 10 March at 46.145% based on the final assessment of the Award's performance conditions.

Set out below are the number of shares acquired by Rich Cashin, the number of shares sold to satisfy the tax and national insurance/social security liabilities, and the number of shares retained following the sale.

Number of shares acquired for nil cost (including those added in respect of dividend equivalent)
Number of shares sold to satisfy tax and national insurance/social security liabilities
Number of shares retained post sale
Rich Cashin
16,653
7,827
8,826

 

The following notification is intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulation. 

 

1
Details of person discharging managerial responsibilities/person closely associated
a)
Name
Rich Cashin
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
Avon Technologies plc
b)
LEI
213800JM1AN62REBWA71
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
and ISIN Code
Ordinary £1 shares in Avon Technologies plc
GB0000667013
b)
Nature of the
transaction
Shares acquired on the exercise of a nil cost option and settlement of a conditional award as relevant pursuant to the vesting of Awards made under the Avon Protection Long Term Incentive Plan.
c)
Price(s) and
volume(s)
Price(s)
Volume(s)
1) Nil
1) 16,653
d)
Aggregated Information
- Aggregated volume
- Aggregated price
- Aggregated total
Nil
Nil
e)
Date of the
transactions
All occurred on 2025-03-10
f)
Place of the
transaction
Outside of a trading venue.

 

 

1
Details of person discharging managerial responsibilities/person closely associated
a)
Name
Rich Cashin
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
Avon Technologies plc
b)
LEI
213800JM1AN62REBWA71
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
and ISIN Code
Ordinary £1 shares in Avon Technologies plc
GB0000667013
b)
Nature of the
transaction
Disposals to cover tax liability
c)
Price(s) and
volume(s)
Price(s)
Volume(s)
GBP 14.2145
7,827
d)
Aggregated Information
- Aggregated volume
- Aggregated price
- Aggregated total
7,827
GBP 14.2145
GBP 111,256.89
e)
Date of the
transactions
All occurred on 2025-03-10
f)
Place of the
transaction
London Stock Exchange (XLON)

 

 

LEI: 213800JM1AN62REBWA71

Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.

Contact Information:

Avon Technologies plc

Zoe Holland, Company Secretary
01225 896800

 

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