REG - Porvair PLC - Grant of options

PorvairAnnouncement

22/03/2023 15:15

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RNS Number : 9063T  Porvair PLC  22 March 2023

For immediate
release
22 March 2023

 

 

Grant of SAYE Options

 

Porvair plc ("Porvair", the "Group" or the "Company"), the specialist
filtration and environmental technologies group, announces that on 22 March
2023 it granted options under the Group's Save As You Earn scheme ("SAYE")
including to James Mills.

 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
 James Mills  CFO       5,836                                  22 March 2023  1 June 2028   None                    153,256

 

These options were granted at 514 pence per share and have no performance
conditions.

 

Following this grant the total number of LTSP and SAYE options in issue is
935,092, representing approximately 2.0% 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 closely
           associated
 a.        Name                                      James Mills
 2.        Reason for the notification
 a.        Position/status                           CFO
 b.        Initial notification                      Initial notification

           /Amendment
 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 of
           instrument; (ii) each type of transaction; (iii) each date; and (iv) each
           place where transactions have been conducted
 a.        Description of the                        Options over Ordinary Shares of 2 pence under the Porvair plc Save As You Earn

                                         Scheme
           Financial instrument, type

           of instrument

                                         GB0006963689
           Identification code
 b.        Nature of the transaction

                                                     Grant of options

 c.        Price(s) and volume(s)

Price(s)  Volume(s)

                                                     5.14      5,836
 d.        Aggregated information

           ·      Aggregated volume                  As above

           ·      Price

 e.        Date of the transaction                   2023-03-22
 f.        Place of the transaction                  Outside a trading venue

d.

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.

Date of the transaction

2023-03-22

f.

Place of the transaction

Outside a trading venue

 

 

 

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