REG - Rotork PLC - Director/PDMR Shareholding
25/03/2024 17:00
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RNS Number : 2154I Rotork PLC 25 March 2024
25 March 2024
Rotork plc (the 'Company')
Notification of transactions
by Persons Discharging Managerial Responsibilities ("PDMR")
The following disclosures are given in fulfilment of the Company's obligations
under DTR 3.1 and the UK version of EU Market Abuse Regulation. The Company
provides notification of the following transactions, effected on 21 March
2024, outside of a market venue, relating to the below named PDMRs and their
respective interests in the ordinary share capital of the Company ('Shares').
The transactions arise from awards, made to each of the PDMRs by the
Remuneration Committee on 21 March 2024, of a three-year performance
conditioned nil cost option over, or conditional award of, Shares under the
Company's Long Term Incentive Plan ('LTIP'). The number of Shares shown is the
maximum available if the performance conditions for the period from 1 January
2024 to 31 December 2026 are satisfied in full. The number of Shares have been
calculated by reference to a price of £3.266, being the average of the
Company's Share price over the five trading days immediately preceding the
date of grant. The awards made to Executive Directors have been made in
accordance with the Directors' Remuneration Policy.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Kiet Huynh
2 Reason for the notification
a) Position/status 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 Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 377,464
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 377,464
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Ben Peacock
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 230,404
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Paul Burke
2 Reason for the notification
a) Position/status Chief Information Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 60,630
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 60,630
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Stuart Pain
2 Reason for the notification
a) Position/status Group General Counsel and Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 58,450
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 58,450
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Lyndsey Norris
2 Reason for the notification
a) Position/status Business Transformation Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 49,381
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 49,381
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Metin Gerceker
2 Reason for the notification
a) Position/status Managing Director, Water and Power
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 56,582
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Keith Barnard
2 Reason for the notification
a) Position/status Managing Director, Oil and Gas
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of a conditional share award under the rules of the Company's LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 71,188
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 56,582
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1
Details of the person discharging managerial responsibilities / closely
associated person
a)
Name
Keith Barnard
2
Reason for the notification
a)
Position/status
Managing Director, Oil and Gas
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a)
Name
Rotork plc
b)
LEI
213800AH5RZIHGWRJ718
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 0.5p shares
Identification code
ISIN GB00BVFNZH21
b)
Nature of the transaction
Grant of a conditional share award under the rules of the Company's LTIP
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 71,188
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Mike Pelezo
2 Reason for the notification
a) Position/status Site Services Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of a conditional share award under the rules of the Company's LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 52,526
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 52,526
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Ross Pascoe
2 Reason for the notification
a) Position/status Chief Technology Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Rotork plc
b) LEI 213800AH5RZIHGWRJ718
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 0.5p shares
Identification code ISIN GB00BVFNZH21
b) Nature of the transaction Grant of nil cost options over Shares under the rules of the Company's LTIP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 45,009
Aggregated N/A single transaction
d) Date of the transaction 2024-03-21
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 45,009
Aggregated N/A single transaction
d)
Date of the transaction
2024-03-21
e)
Place of the transaction
Outside a trading venue.
The Company can confirm that the above named PDMRs have complied with his
obligation to notify the Financial Conduct Authority of the above transactions
as required under the UK version of the EU Market Abuse Regulation.
- END -
Rotork contact and telephone number for enquiries:
Stuart Pain, Group General Counsel & Company Secretary Tel: +44 (0)1225 733 200
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