REG - Avon Rubber PLC - Directors/PDMR Shareholdings

Avon TechnologiesAnnouncement

06/11/2019 11:00

For best results when printing this announcement, please click on link below:
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20191106:nRSF4710Sa

RNS Number : 4710S
Avon Rubber PLC
06 November 2019
 
6 November 2019
 
Avon Rubber p.l.c.
('the Company')
Directors'/PDMR Shareholdings
Share Incentive Plan
The Company was notified on 5 November 2019 that the following purchases of
Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees
Limited on 5 November 2019 on behalf of three of the Company's persons
discharging managerial responsibilities ('PDMR') 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 /                  Initial notification
             amendment
 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                      Ordinary £1 shares in Avon Rubber p.l.c.
             financial instrument
             and ISIN Code                           GB0000667013
 b)          Nature of the                           Acquisition of shares in accordance with Avon's share incentive plan.
                                       Transaction by PDMR under article 19 of the Market Abuse Regulation.
             transaction
 c)          Price(s) and                            Price(s)    Volume(s)
                                       GBP 18.520  8
             volume(s)
 d)          Aggregated Information
             -  Aggregated volume                    8
             -  Aggregated price                     GBP 18.520
             -  Aggregated total                     GBP 148.16
 e)          Date of the                             2019-11-05
             transaction
 f)          Place of the                            London Stock Exchange (XLON)
             transaction
d)
Aggregated Information
-  Aggregated volume
-  Aggregated price
-  Aggregated total
 
 
8
GBP 18.520
GBP 148.16
e)
Date of the
transaction
2019-11-05
 
f)
Place of the
transaction
London Stock Exchange (XLON)
 
 
 1           Details of person discharging managerial responsibilities/person closely
             associated
 a)          Name                                    Miles Ingrey-Counter
 2           Reason for the notification
 a)          Position / status                       Company Secretary
 b)          Initial notification /                  Initial notification
             amendment
 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                      Ordinary £1 shares in Avon Rubber p.l.c.
             financial instrument
             and ISIN Code                           GB0000667013
 b)          Nature of the                           Acquisition of shares in accordance with Avon's share incentive plan.
                                       Transaction by PDMR under article 19 of the Market Abuse Regulation.
             transaction
 c)          Price(s) and                            Price(s)    Volume(s)
                                       GBP 18.520  8
             volume(s)
 d)          Aggregated Information
             -  Aggregated volume                    8
             -  Aggregated price                     GBP 18.520
             -  Aggregated total                     GBP 148.16
 e)          Date of the                             2019-11-05
             transaction
 f)          Place of the                            London Stock Exchange (XLON)
             transaction
d)
Aggregated Information
-  Aggregated volume
-  Aggregated price
-  Aggregated total
 
 
8
GBP 18.520
GBP 148.16
e)
Date of the
transaction
2019-11-05
f)
Place of the
transaction
London Stock Exchange (XLON)
 
 
 1           Details of person discharging managerial responsibilities/person closely
             associated
 a)          Name                                    Craig Sage
 2           Reason for the notification
 a)          Position / status                       Divisional Head - Dairy
 b)          Initial notification /                  Initial notification
             amendment
 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                      Ordinary £1 shares in Avon Rubber p.l.c.
             financial instrument
             and ISIN Code                           GB0000667013
 b)          Nature of the                           Acquisition of shares in accordance with Avon's share incentive plan.
                                       Transaction by PDMR under article 19 of the Market Abuse Regulation.
             transaction
 c)          Price(s) and                            Price(s)    Volume(s)
                                       GBP 18.520  8
             volume(s)
 d)          Aggregated Information
             -  Aggregated volume                    8
             -  Aggregated price                     GBP 18.520
             -  Aggregated total                     GBP 148.16
 e)          Date of the                             2019-11-05
             transaction
 f)          Place of the                            London Stock Exchange (XLON)
             transaction
d)
Aggregated Information
-  Aggregated volume
-  Aggregated price
-  Aggregated total
 
 
8
GBP 18.520
GBP 148.16
e)
Date of the
transaction
2019-11-05
f)
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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.