REG - Avon Technologies - Directors'/PDMR Shareholding

Avon TechnologiesAnnouncement

14/02/2025 14:00

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RNS Number : 2269X  Avon Technologies Plc  14 February 2025

14 February 2025

Avon Technologies plc

("the Company")

PDMRs' Interest in Shares

 

As previously disclosed, awards were granted under the Company's Long Term
Incentive Plan to persons discharging managerial responsibilities ('PDMRs') on
1 February 2022 ('the Awards').   The Awards vested on 13 February at
46.145% based on the final assessment of the Award's performance conditions.

In respect of the settlement of the Awards and related sales made on 13
February 2025, the table below shows the number of shares acquired by the
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
 James Wilcox  10,730                                                                       3,947                                                                        6,783
 Steve Elwell  4,240                                                                        1,993                                                                        2,247

 

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)    James Wilcox

                                                     2)    Steve Elwell
 2           Reason for the notification
 a)          Position / status                       1)    President - Team Wendy

                                                     2)    President - Avon Protection
 b)          Initial notification /                  Initial notification

             amendment
 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                      Ordinary £1 shares in Avon Technologies plc

             financial instrument

             and ISIN Code                           GB0000667013
 b)          Nature of the                           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
             transaction                             Avon Protection Long Term Incentive Plan.
 c)          Price(s) and                            Price(s)       Volume(s)

                                       1)    Nil      1)    10,730
             volume(s)

                                                     2)    Nil      2)    4,240
 d)          Aggregated Information

             -  Aggregated volume

             -  Aggregated price                     Nil

             -  Aggregated total                     Nil

 e)          Date of the                             All occurred on 2025-02-13

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

             transaction

d)

Aggregated Information

-  Aggregated volume

-  Aggregated price

-  Aggregated total

 

 

 

Nil

Nil

e)

Date of the

transactions

All occurred on 2025-02-13

 

f)

Place of the

transaction

Outside of a trading venue.

 

 

 

 1           Details of person discharging managerial responsibilities/person closely
             associated
 a)          Name                                    1)    James Wilcox

                                                     2)    Steve Elwell
 2           Reason for the notification
 a)          Position / status                       1)    President - Team Wendy

                                                     2)    President - Avon Protection
 b)          Initial notification /                  Initial notification

             amendment
 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                      Ordinary £1 shares in Avon Technologies 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 14.15      3,947
             volume(s)

                                                     2)    GBP 14.15      1,993

 d)          Aggregated Information

             -  Aggregated volume

             -  Aggregated price                     5,940

             -  Aggregated total                     GBP 14.15

                                                     GBP 84,051
 e)          Date of the                             All occurred on 2025-02-13

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

             transaction

d)

Aggregated Information

-  Aggregated volume

-  Aggregated price

-  Aggregated total

 

 

 

5,940

GBP 14.15

GBP 84,051

e)

Date of the

transactions

All occurred on 2025-02-13

 

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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