REG - Essentra plc - Director/PDMR Shareholding <Origin Href="QuoteRef">ESNT.L</Origin>

EssentraAnnouncement

01/12/2014 10:51

RNS Number : 4643Y
Essentra plc
01 December 2014
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
In accordance with Disclosure Rule 3.1.4R(1), and in accordance with Section 793 of the Companies Act 2006, the Company was advised on 28 November 2014 of the following director who has acquired an interest in the ordinary share capital of Essentra plc (the 'Company):
1. Name of company
Essentra plc 
2. Name of director
Matthew Gregory
3. Nature of transaction
 Transfer of 49,792 shares awarded under the Company's Long Term Incentive Plan Unapproved Part A in September 2008 ('2008 Grant') following satisfaction of performance conditions. Sale of 30,094 shares at a price of 7.816 to settle the option cost of 1.8075 per share, tax and other transaction costs (the 'Cost') and sale of additional 10,186 shares at 7.816
 Transfer of 54,933 shares awarded under the Company's Long Term Incentive Plan Unapproved Part A in September 2009 ('2009 Grant') following satisfaction of performance conditions. Sale of 32,133 shares at a price of 7.816 to settle the option cost of 1.695 per share, tax and other transaction costs (the 'Cost') and sale of 11,147 shares at 7.816
 Transfer of 59,096 shares awarded under the Company's Long Term Incentive Plan Unapproved Part A in August 2010 ('2010 Grant') following satisfaction of performance conditions. Sale of 37,268 shares at a price of 7.816 to settle the option cost of 2.369 per share, tax and other transaction costs (the 'Cost') and sale of 11,009 shares at 7.816.
 Purchase of 342 shares at a price of 7.8299 from the proceeds of the recent dividend distribution
4. Date of grant
n/a
5. Period during which or date on which exercisable 
n/a
6. Total amount paid (if any) for grant of the option
n/a 


7. Description of shares or debentures involved: class, number 

Number of 25p ordinary shares transferred
Number of shares sold to settle the Cost
Number of shares sold
Balance of shares transferred





2008 Grant
49,792
30,094
10,186
9,512
2009 Grant
54,933
32,133
11,147
11.653
2010 Grant
59,096
37,268
11,009
10,819
Purchase



342
8. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise 
9. Total number of 25p ordinary shares held following this notification 

Number
% holding




79,501
0.0305
23. Any additional information 
As at the market valuation on 28 November 2014 Matthew's shareholding equates to 203% of salary. 
24. Name of contact and telephone number for queries 
Patricia Kendall 01908 359 100
25. Name and signature of authorised company official responsible for making this notification 
Jon Green, Company Secretary & General Counsel
Date of Notification
1 December 2014

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