REG - Avon Protection PLC - PDMRs’ Interest in Shares

Avon TechnologiesAnnouncement

14/12/2023 10:00

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RNS Number : 8263W  Avon Protection PLC  14 December 2023

14 December 2023

Avon Protection plc ("the Company")

PDMRs' Interest in Shares

 2023 deferred bonus arrangements

A portion of the annual bonus payments due to Executive Directors Jos Sclater
and Rich Cashin in respect of the 2023 financial year were deferred into
Company shares on the 12 December 2023. 25% of the annual bonus was subject to
tax and national insurance/social security and the net amount was used to
purchase Company shares. The shares are to be held for two years and are not
subject to the Company's shareholding guidelines.

 

The table below sets out the number of 2023 deferred bonus shares held by the
Executive Director and each PDMR following this transaction.

 

 1           Details of person discharging managerial responsibilities/person closely
             associated
 a)          Name                                    1)    Jos Sclater

                                                     2)    Rich Cashin
 2           Reason for the notification
 a)          Position / status                       1)    Chief Executive Officer

                                                     2)    Chief Financial Officer
 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                           Acquisition of shares. 25% of the annual bonus payments for Executive

                                       Directors was subjected to tax and national insurance/social security and the
             transaction                             net amount was used to purchase Company shares. The shares are to be held for
                                                     two years and are not subject to the Company's shareholding guidelines.
 c)          Price(s) and                            Price(s)                Volume(s)

                                       1)    GBP 7.917822      1)    1,553
             volume(s)

                                                     2)    GBP 7.917822      2)    1,490
 d)          -      Aggregated volume                N/A

             -      Aggregated price

             -      Aggregated total

 e)          Date of the                             All occurred on 2023-12-12

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

             transaction

d)

-      Aggregated volume

-      Aggregated price

-      Aggregated total

 

 

N/A

e)

Date of the

transactions

All occurred on 2023-12-12

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

 

LEI: 213800JM1AN62REBWA71

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

 

 

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