REG - De La Rue PLC - Director/PDMR Shareholding
06/07/2022 14:00
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RNS Number : 5600R De La Rue PLC 06 July 2022
De La Rue plc
Director/PDMR Shareholding
Notification of transactions by persons discharging managerial
responsibilities and persons closely associated with them
6 July 2022
De La Rue plc (the "Company") announces that it has today granted awards under
the De La Rue Deferred Bonus Plan (the "DBP") to Clive Vacher, Rob Harding and
Ruth Euling, each of whom is an Executive Director and a Person Discharging
Managerial Responsibilities ("PDMR") of the Company. The granting of the
awards creates a change in the interests of each of them in the ordinary
shares of 44(152)/(175)p of the Company ("Shares").
The awards, which were granted on 6 July 2022 (the "Award Date"), represent
the value of 40% of the annual bonus that each individual earned in the year
ended 26 March 2022, the structure of which was disclosed in the remuneration
report within the 2022 Annual Report. This portion of the annual bonus is
deferred in two equal parts, one half vesting on the first anniversary of the
Award Date and the other half vesting on the second anniversary of the Award
Date and in each case settled in Shares of the Company. As the bonus has
already been earned, there is no post-grant performance condition to be
satisfied.
The awards (each an "Award") are structured as conditional shares and were
granted under the rules of the DBP as follows:
Name of Director/PDMR Role Number of Shares subject to the Award
Clive Vacher CEO 134,630
Rob Harding CFO 70,085
Ruth Euling MD, Currency 63,689
The number of Shares contained in each Award was calculated by reference to a
price of 78.87 pence, being the average of the closing middle market quotation
for the Company's Shares for the five consecutive dealing days including and
ending on 5 July 2022.
The relevant information set out below is provided in accordance with the
requirements of Article 19 of the Market Abuse Regulation as retained in UK
law.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Clive Vacher
2 Reason for the notification
a) Position/status Executive Director/Chief Executive Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name De La Rue plc
b) LEI 213800DH741LZWIJXP78
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, type of instrument Ordinary shares of 44(152)/(175)p
Identification code
GB00B3DGH821
b) Nature of the transaction Grant of a conditional award in respect of 134,630 Shares under the rules of
the De La Rue Deferred Bonus Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 134,630
d) Aggregated information N/A
- Aggregated volume
- Price
- Aggregated total
e) Date of the transaction 6 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
N/A
e)
Date of the transaction
6 July 2022
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Rob Harding
2 Reason for the notification
a) Position/status Executive Director/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 De La Rue plc
b) LEI 213800DH741LZWIJXP78
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, type of instrument Ordinary shares of 44(152)/(175)p
Identification code
GB00B3DGH821
b) Nature of the transaction Grant of a conditional award in respect of 70,085 Shares under the rules of
the De La Rue Deferred Bonus Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 70,085
d) Aggregated information N/A
- Aggregated volume
- Price
- Aggregated total
e) Date of the transaction 6 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
N/A
e)
Date of the transaction
6 July 2022
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ruth Euling
2 Reason for the notification
a) Position/status Executive Director/MD, Currency
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name De La Rue plc
b) LEI 213800DH741LZWIJXP78
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, type of instrument Ordinary shares of 44(152)/(175)p
Identification code
GB00B3DGH821
b) Nature of the transaction Grant of a conditional award in respect of 63,689 Shares under the rules of
the De La Rue Deferred Bonus Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.00 63,689
d) Aggregated information N/A
- Aggregated volume
- Price
- Aggregated total
e) Date of the transaction 6 July 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
- Aggregated total
N/A
e)
Date of the transaction
6 July 2022
f)
Place of the transaction
Outside a trading venue
Jane Hyde, Company Secretary
Contact Number: 01256 605212
6 July 2022
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
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