REG - Essentra plc - Director/PDMR Shareholding

EssentraAnnouncement

26/05/2023 14:30

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RNS Number : 8559A  Essentra plc  26 May 2023

Essentra plc (the "Company")

Director/PDMR Notification

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

The notification made on behalf of Persons Discharging Managerial
Responsibility ('PDMRs') under article 19.1 of the UK Market Abuse Regulation
('MAR') relates to transactions made on behalf PDMRs, in the Company.

On 31 March 2023, awards granted in 2020 under the Company's Deferred Annual
Share Bonus Plan vested in full for two PDMRs.

The Company has been advised that some of the shares released to the PDMRs
were subsequently disposed of on 31 March 2023, as indicated below at a share
price of £1.922.

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                      Scott Fawcett

                                                Oshin Cassidy

 2    Reason for the notification

 a)   Position/status

Scott Fawcett  CEO
                                                Oshin Cassidy  Group HR Director

 b)   Initial notification /Amendment           Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                      Essentra plc

 b)   LEI                                       5493007MOZNA03BVNE96

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Essentra plc

b)

 

LEI

 

 

5493007MOZNA03BVNE96

 

 

 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 25p shares

      Identification code                                          GB00B0744359

 b)   Nature of the transaction                                    Vesting of awards granted on 30 March 2020 under the Deferred Annual Share

                                                            Bonus Plan and sale of resulting shares to cover the tax liability due on the
                                                                   vesting.

 c)   Price(s) and volume(s)                                       Name           Vesting Date  Price (£)   Shares vested  Shares sold to cover tax liability  Balance of shares to be retained
                                                                   Scott Fawcett  March 2023                9,586          4,325                               5,261

                                                                                  £1.922
                                                                   Oshin Cassidy  March 2023                8,553          3,860                               4,693

                                                                                  £1.922
 d)   Aggregated information

      - Aggregated volume                                          8,185

      - Price                                                      1.922

 e)   Date of the transaction                                      31 March 2023

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

d)

 

Aggregated information

- Aggregated volume

8,185

- Price

1.922

e)

 

Date of the transaction

 

31 March 2023

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

Enquiries

 

Emma Reid

Company Secretary

T: 01908 359100

 

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