REG - Rotork PLC - Director/PDMR Shareholding
01/04/2025 11:30
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RNS Number : 1441D Rotork PLC 01 April 2025
1 April 2025
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 Market Abuse Regulation. The Company provides
notification of the following transactions, effected on 31 March 2025, outside
of a market venue, relating to the below named PDMRs and their respective
interests or notional interests in the ordinary share capital of the Company
('Shares'). The number of Shares have been calculated by reference to a price
of £3.1948, being the mid-market 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. The transactions arise from:
(i) a conditional award of Shares under the Company's Deferred
Annual Bonus Plan 2018 ('DABP') granted on 31 March 2025 to the Company's
Executive Directors, Kiet Huynh and Ben Peacock, relating to the three-year
deferred element of their respective 2024 annual bonus; and
(ii) awards granted under the Company's Long Term Incentive Plan
('LTIP') on 31 March 2025 to each of the Company's PDMRs. The awards were
granted as either nil cost options over, a conditional award of, or a cash
settled conditional award over a notional amount of Shares. The number of
Shares shown in each instance below is the maximum available should the
three-year performance period conditions for the period from 1 January 2025 to
31 December 2027 be satisfied in full.
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 a conditional award of Shares under the rules of the Company's DABP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £3.1948 87,283
Aggregated £278,852
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £3.1948 87,283
Aggregated £278,852
d)
Date of the transaction
2025-03-31
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 a conditional award of Shares under the rules of the Company's DABP.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £3.1948 39,271
Aggregated £125,465
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £3.1948 39,271
Aggregated £125,465
d)
Date of the transaction
2025-03-31
e)
Place of the transaction
Outside a trading venue.
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 427,538
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 427,538
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 235,539
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
d)
Date of the transaction
2025-03-31
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 64,584
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 64,584
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 & 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 62,262
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 62,262
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Beatriz Rodriguez Gomez
2 Reason for the notification
a) Position/status Chief Human Resources 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 81,382
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 81,382
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 53,006
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 53,006
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 & 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 60,273
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 60,273
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 & 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 74,385
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 74,385
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 Director, Rotork Service
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 54,884
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 54,884
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
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 48,773
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 48,773
Aggregated N/A single transaction
d)
Date of the transaction
2025-03-31
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Chris Klasner
2 Reason for the notification
a) Position/status Operations Excellence 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 54,019
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
d)
Date of the transaction
2025-03-31
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Xin Man
2 Reason for the notification
a) Position/status Managing Director, CPI
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 cash settled conditional share award over a notional number of
Shares under the rules of the Company's LTIP
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 77,175
Aggregated N/A single transaction
d) Date of the transaction 2025-03-31
e) Place of the transaction Outside a trading venue.
d)
Date of the transaction
2025-03-31
e)
Place of the transaction
Outside a trading venue.
The Company can confirm that the above named PDMRs have complied with their
respective obligations to notify the Financial Conduct Authority of the above
transactions as required under the UK Market Abuse Regulation.
ISIN: GB00BVFNZH21
LEI: 213800AH5RZIHGWRJ718
- 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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