REG - Avon Protection PLC - Director/PDMR Shareholding

Avon TechnologiesAnnouncement

21/12/2021 14:00

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RNS Number : 3783W  Avon Protection PLC  21 December 2021

21 December 2021

Avon Protection plc ("the Company")

Directors' and PDMRs' Interest in Shares

 

As previously disclosed, awards were granted under the Company's Long Term
Incentive Plan to Executive Directors, persons discharging managerial
responsibilities ('PDMRs') and other employees (together 'Participants') on
20(th) March 2019 ('the Awards').

As disclosed in our Annual Report, 50% performance vesting resulted further to
the assessment of performance against the Award's performance conditions.

Each of the Participants exercised their options (or had their awards settled,
as relevant) on the vesting date.

The table below shows the number of related shares acquired by Executive
Directors and PDMRs, the number of shares sold to satisfy the tax and national
insurance/social security liabilities, and the number of shares retained
following the sales.

                       Number of shares acquired for nil cost (including those added in respect of  Number of shares sold to satisfy tax and national insurance/social security  Number of shares retained post sale
                       dividend equivalent)                                                         liabilities
 Paul McDonald         19,720                                                                       9,269                                                                        10,451
 Nicholas Keveth       13,652                                                                       6,417                                                                        7,235
 Miles Ingrey-Counter  5,986                                                                        2,814                                                                        3,172
 James Wilcox          6,310                                                                        2,409                                                                        3,901
 David Mack            2,895                                                                        859                                                                          2,036

 

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                                    1)    Paul McDonald

                                                     2)    Nicholas Keveth

                                                     3)    Miles Ingrey-Counter

                                                     4)    James Wilcox

                                                     5)    David Mack
 2           Reason for the notification
 a)          Position / status                       1)    Chief Executive Officer

                                                     2)    Chief Financial Officer

                                                     3)    Company Secretary

                                                     4)    President - Military

                                                     5)    President - First Responder
 b)          Initial notification /                  Initial notification

             amendment
 3           Details of the issuer, emission allowance market participant, auction
             platform, auctioneer or auction monitor
 a)          Name                                    Avon Protection 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                      Ordinary £1 shares in Avon Protection plc

             financial instrument

             and ISIN Code                           GB0000667013
 b)          Nature of the                           Shares acquired on the exercise of nil cost options and settlement of

                                       conditional awards pursuant to the vesting of Awards made under the Avon
             transaction                             Rubber Long Term Incentive Plan.
 c)          Price(s) and                            Price(s)       Volume(s)

                                       1)    Nil      1)    19,720
             volume(s)

                                                     2)    Nil      2)    13,652

                                                     3)    Nil      3)    5,986

                                                     4)    Nil      4)    6,310

                                                     5)    Nil      5)    2,895

 
 d)          Aggregated Information

             -  Aggregated volume

             -  Aggregated price                     48,563

             -  Aggregated total                     Nil

                                                     Nil
 e)          Date of the                             All occurred on 2021-12-20

             transactions
 f)          Place of the                            Outside of a trading venue.

             transaction

 

d)

Aggregated Information

-  Aggregated volume

-  Aggregated price

-  Aggregated total

 

 

 

48,563

Nil

Nil

e)

Date of the

transactions

All occurred on 2021-12-20

 

f)

Place of the

transaction

Outside of a trading venue.

 

 

 

 1           Details of person discharging managerial responsibilities/person closely
             associated
 a)          Name                                    1)    Paul McDonald

                                                     2)    Nicholas Keveth

                                                     3)    Miles Ingrey-Counter

                                                     4)    James Wilcox

                                                     5)    David Mack
 2           Reason for the notification
 a)          Position / status                       1)    Chief Executive Officer

                                                     2)    Chief Financial Officer

                                                     3)    Company Secretary

                                                     4)    President - Military

                                                     5)    President - First Responder
 b)          Initial notification /                  Initial notification

             amendment
 3           Details of the issuer, emission allowance market participant, auction
             platform, auctioneer or auction monitor
 a)          Name                                    Avon Protection 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                      Ordinary £1 shares in Avon Protection plc

             financial instrument

             and ISIN Code                           GB0000667013
 b)          Nature of the                           Disposals to cover tax liability

             transaction
 c)          Price(s) and                            Price(s)             Volume(s)

                                       1)    GBP 11.57      1)    9,269
             volume(s)

                                                     2)    GBP 11.57      2)    6,417

                                                     3)    GBP 11.57      3)    2,814

                                                     4)    GBP 11.57      4)    2,409

                                                     5)    GBP 11.57      5)    859

 
 d)          Aggregated Information

             -  Aggregated volume

             -  Aggregated price                     21,768

             -  Aggregated total                     GBP 11.57

                                                     GBP 251,855.76
 e)          Date of the                             All occurred on 2021-12-20

             transactions
 f)          Place of the                            London Stock Exchange (XLON)

             transaction

 

d)

Aggregated Information

-  Aggregated volume

-  Aggregated price

-  Aggregated total

 

 

 

21,768

GBP 11.57

GBP 251,855.76

e)

Date of the

transactions

All occurred on 2021-12-20

 

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 Protection plc

 Miles Ingrey-Counter, Company Secretary  01225 896850

 

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