REG - De La Rue PLC - Director/PDMR Shareholding

De La RueAnnouncement

09/07/2024 16:30

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RNS Number : 7412V  De La Rue PLC  09 July 2024

De La Rue plc

 

Director/PDMR Shareholding

Notification of transactions by persons discharging managerial
responsibilities and persons closely associated with them

9 July 2024

De La Rue plc (the "Company") announces that on 8 July 2024 awards made under
the De La Rue Deferred Bonus Plan (the "DBP") to Clive Vacher and Ruth Euling
(each of whom is an Executive Director and a Person Discharging Managerial
Responsibilities ("PDMR") of the Company) automatically vested and were
released.

In line with the rules of the DBP, the Company withheld a proportion of each
award and sold sufficient Shares to fund income tax and national insurance
withholdings and the associated dealing costs.  These Shares were sold in the
market on 8 July 2024 at a weighted average price of 97.789 pence per Share.

The awards which automatically vested were granted under the DBP on 6 July
2022 (the shares released being the second half of the portion of the FY22
bonus which was deferred and share settled).

The vesting of these awards and the sale of shares to fund withholdings
creates a change in the interests of each of them in the ordinary shares of
44(152)/(175)p of the Company ("Shares"):

 Name of Director/PDMR  Role          Number of Shares subject to the Awards vesting  Number of Shares sold in the market  Number of Shares retained by the PDMR
 Clive Vacher           CEO           67,315                                          31,751                               35,564
 Ruth Euling            MD, Currency  31,844                                          15,021                               16,823

 

Following these transactions, the holdings of each of the PDMRs of the
Company's Shares are as follows:

 

 Name of Director/PDMR  Role          Number of Shares held by the PDMR
 Clive Vacher           CEO           338,687
 Ruth Euling            MD, Currency  102,225

 

 

 

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                                    (a)  Vesting of a conditional award in respect of a total of 67,315 Shares

                                                            under the rules of the De La Rue Deferred Bonus Plan.

                                                            (b)  Sale of Shares to fund income tax and national insurance withholdings
                                                                   and the associated dealing costs
 c)   Price(s) and volume(s)

Price(s)          Volume(s)

                                                                   (a)  £0.00        (a)  67,315

                                                                   (b)  £0.97789     (b)  31,751

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

      - Aggregated total

 e)   Date of the transaction                                      (a)  8 July 2024

                                                                   (b)  8 July 2024
 f)   Place of the transaction                                     (a)  Outside a trading venue

                                                                   (b)  London Stock Exchange

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

(a)  8 July 2024

(b)  8 July 2024

f)

 

Place of the transaction

 

(a)  Outside a trading venue

(b)  London Stock Exchange

 

 

 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                                    (a)  Vesting of a conditional award in respect of a total of 31,844 Shares

                                                            under the rules of the De La Rue Deferred Bonus Plan.

                                                            (b)  Sale of Shares to fund income tax and national insurance withholdings
                                                                   and the associated dealing costs
 c)   Price(s) and volume(s)

Price(s)          Volume(s)

                                                                   (a)  £0.00        (a)  31,844

                                                                   (b)  £0.97789     (b)  15,021

 

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

      - Aggregated total

 e)   Date of the transaction                                      (a)  8 July 2024

                                                                   (b)  8 July 2024
 f)   Place of the transaction                                     (a)  Outside a trading venue

                                                                   (b)  London Stock Exchange

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

(a)  8 July 2024

(b)  8 July 2024

f)

 

Place of the transaction

 

(a)  Outside a trading venue

(b)  London Stock Exchange

 

 

Jon Messent, Company Secretary

Contact Number: 01256 605212

9 July 2024

 

De La Rue plc's LEI code is 213800DH741LZWIJXP78.

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