REG - Avon Rubber PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">AVON.L</Origin>

Avon TechnologiesAnnouncement

06/12/2017 15:40

RNS Number : 6033Y
Avon Rubber PLC
06 December 2017
6 December 2017
Avon Rubber p.l.c.
('the Company')
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 6 December 2017 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees Limited on 5 December 2017 on behalf of four of the Company's persons discharging managerial responsibilities pursuant to the Company's Share Incentive Plan (SIP).
The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period. 
Section 85(1) of the Financial Services and Markets Act 2000 (FSMA 2000) provides that it is unlawful to offer transferable securities to the public unless an approved prospectus has been made available. The total consideration for the securities being offered is less than 5,000,000 therefore the Company will fall within the exemption at paragraph 9(1) of Schedule 11A of FSMA 2000.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.
The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
1
Details of person discharging managerial responsibilities/person closely associated
a) 
Name
Nicholas Keveth
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 Rubber p.l.c.
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 Rubber p.l.c.
GB0000667013
b) 
Nature of the
transaction
Acquisition of shares in accordance with Avon's share incentive plan
c) 
Price(s) and
volume(s)
Price(s)
Volume(s)
GBP 11.721
13
d) 
Aggregated Information
- Aggregated volume
- Aggregated price
- Aggregated total
13
GBP 11.721
GBP 152.37
e) 
Date of the
transaction
2017-12-05
f) 
Place of the
transaction
London Stock Exchange (XLON)
1
Details of person discharging managerial responsibilities/person closely associated
b) 
Name
Miles Ingrey-Counter
2
Reason for the notification
c) 
Position / status
Company Secretary
d) 
Initial notification /
amendment
Initial notification 
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
c) 
Name
Avon Rubber p.l.c.
d) 
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
g) 
Description of the
financial instrument
and ISIN Code
Ordinary 1 shares in Avon Rubber p.l.c.
GB0000667013
h) 
Nature of the
transaction
Acquisition of shares in accordance with Avon's share incentive plan
i) 
Price(s) and
volume(s)
Price(s)
Volume(s)
GBP 11.721
13
j) 
Aggregated Information
- Aggregated volume
- Aggregated price
- Aggregated total
13
GBP 11.721
GBP 152.37
k) 
Date of the
transaction
2017-12-05
l) 
Place of the
transaction
London Stock Exchange (XLON)
1
Details of person discharging managerial responsibilities/person closely associated
c) 
Name
Craig Sage
2
Reason for the notification
e) 
Position / status
Divisional Head - Dairy
f) 
Initial notification /
amendment
Initial notification 
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
e) 
Name
Avon Rubber p.l.c.
f) 
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
m) 
Description of the
financial instrument
and ISIN Code
Ordinary 1 shares in Avon Rubber p.l.c.
GB0000667013
n) 
Nature of the
transaction
Acquisition of shares in accordance with Avon's share incentive plan
o) 
Price(s) and
volume(s)
Price(s)
Volume(s)
GBP 11.721
13
p) 
Aggregated Information
- Aggregated volume
- Aggregated price
- Aggregated total
13
GBP 11.721
GBP 152.37
q) 
Date of the
transaction
2017-12-05
r) 
Place of the
transaction
London Stock Exchange (XLON)
1
Details of person discharging managerial responsibilities/person closely associated
d) 
Name
Leon Klapwijk
2
Reason for the notification
g) 
Position / status
Divisional Head - Protection
h) 
Initial notification /
amendment
Initial notification 
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
g) 
Name
Avon Rubber p.l.c.
h) 
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
s) 
Description of the
financial instrument
and ISIN Code
Ordinary 1 shares in Avon Rubber p.l.c.
GB0000667013
t) 
Nature of the
transaction
Acquisition of shares in accordance with Avon's share incentive plan
u) 
Price(s) and
volume(s)
Price(s)
Volume(s)
GBP 11.721
12
v) 
Aggregated Information
- Aggregated volume
- Aggregated price
- Aggregated total
12
GBP 11.721
GBP 140.65
w) 
Date of the
transaction
2017-12-05
x) 
Place of the
transaction
London Stock Exchange (XLON)
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.

This information is provided by RNS
The company news service from the London Stock Exchange
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