Grant of SAYE Options

Porvair

27/03/2025 07:00

RNS Number : 3913C

Porvair PLC

27 March 2025

 

For immediate release                                                                      27 March 2025

 

 

Grant of SAYE Options

 

Porvair plc ("Porvair", the "Group" or the "Company"), the specialist filtration and environmental technologies group, announces that on 24 March 2025 it granted options under the Group's Save As You Earn scheme ("SAYE") including to Hooman Caman Javvi.

 Grant of SAYE options

Options under the SAYE were granted to PDMRs as follows:

 

Director
Position
Options awarded under the SAYE scheme
Grant date
Vesting date
Minimum holding period
Total options held, including SAYE options
Hooman Caman Javvi
CEO designate
5,361
24 March 2025
1 June 2030
None
128,641

 

These options were granted at 581 pence per share and have no performance conditions.

 

Following this grant the total number of LTSP and SAYE options in issue is 871,918, representing approximately 1.9% of the shares in issue.

 

For further information, please contact:

Chris Tyler, Group Company Secretary
01553 765 500

 

Notes to editors

 

Porvair plc

Porvair is a group of specialist filtration, laboratory and environmental technology businesses.  Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets.  It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.

 

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

1.
Details of the person discharging managerial responsibilities / person closelyassociated
a.
Name
Hooman Caman Javvi
2.
Reason for the notification
a.
Position/status
CEO designate
b.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform,auctioneer or auction monitor
a.
Name
Porvair plc
b.
LEI
213800ECKHS8LAQO3C45
4.
Details of the transaction(s): section to be repeated for (i) each type ofinstrument;(ii) each type of transaction; (iii) each date; and (iv) each placewhere transactionshave been conducted
a.
Description of the
Financialinstrument, type
of instrument
Identification code
Options over Ordinary Shares of 2 pence under the Porvair plc Save As You Earn Scheme
GB0006963689
b.
Nature of the transaction
Grant of options
c.
Price(s) and volume(s)
Price(s)
Volume(s)
N/A
5,361
d.
Aggregated information
· Aggregated volume
· Price
As above
e.
Date of thetransaction
2025-03-24
f.
Place of the transaction
Outside a trading venue

 

 

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