REG - Rotork PLC - Director/PDMR Shareholding
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RNS Number : 1066Y Rotork PLC 25 March 2026
25 March 2026
Rotork plc (the 'Company')
Notification of transactions
by Persons Discharging Managerial Responsibilities ('PDMR')
The Company provides notification of the following transactions, effected on
24 March 2026, 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 transactions arise from the audited vesting of awards of nil cost options,
conditional share awards or cash settled awards over Shares granted to the
respective PDMRs shown below in 2023 under the Company's Long Term Incentive
Plan ('LTIP') and, where relevant, the subsequent exercise, acquisition, sale
and transfer by the named PDMRs. This includes transfer to Persons Closely
Associated ('PCA'). Dividend equivalents (or notional dividend equivalents,
for cash settled awards) have also been applied to the 2023 LTIP Awards.
Save for the cash settled awards, the Shares sold were purchased by the
Company's Employee Benefit Trust at the price of 308.00p per Share, being the
middle-market quotation price for Rotork plc Shares as derived from the London
Stock Exchange on the last trading day preceding the date of vesting. As per
the Company's LTIP Rules, the value of the cash settled awards was calculated
at the price of 308.80p per Share, being the middle-market quotation price for
Rotork plc Shares as derived from the London Stock Exchange on 24 March 2026.
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 Vesting of an award of 293,072 nil cost options over Shares under the rules of
the Company's LTIP and the application of 20,247 shares representing dividend
equivalents upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 313,319
Aggregated N/A single transaction
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 313,319
Aggregated N/A single transaction
d)
Date of the transaction
2026-03-24
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 (i) Vesting of a conditional share award over 21,234
Shares under the rules of the Company's LTIP and the application of 1,464
Shares representing dividend equivalents upon vesting; the acquisition of the
aggregate 22,698 Shares on vesting.
(ii) Subsequent sale of 22,698 Shares. Such Shares were
purchased by Rotork's Employee Benefit Trust at a price of 308.00p per share,
being the middle-market quotation price for a Share on 23 March 2026
c) Price(s) and volume(s) (i) Price(s) Volume(s)
Per share £nil 22,698
Aggregated N/A single transaction
(ii) Price(s) Volume(s)
Per share £3.080 22,698
Aggregated £69,909.84
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
(i) Price(s) Volume(s)
Per share £nil 22,698
Aggregated N/A single transaction
(ii) Price(s) Volume(s)
Per share £3.080 22,698
Aggregated £69,909.84
d)
Date of the transaction
2026-03-24
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 (i) Vesting and subsequent exercise of an award of
38,351 nil cost options over Shares under the rules of the Company's LTIP and
the application of 2,647 Shares representing dividend equivalents upon
vesting.
(ii) The subsequent sale of 19,270 shares to cover Lyndsey
Norris' income tax and social security liabilities arising on exercise. Such
shares were purchased by Rotork's Employee Benefit Trust at a price of 308.00p
per share, being the middle-market quotation price for a Share on 23 March
2026.
(iii) The net 21,728 shares retained will be held in the
name of Lee David Norris, spouse and a Person Closely Associated with Lyndsey
Norris as defined under the UK Market Abuse Regulations.
c) Price(s) and volume(s)
i) Exercise
Price(s) Volume(s)
Per share £nil 40,998
Aggregated N/A single transaction
ii) Sale for tax and social security
Price(s) Volume(s)
Per share £3.080 19,270
Aggregated £59,351.60
iii) Transfer
Price(s) Volume(s)
Per share £nil 21,728
Aggregated N/A single transaction
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
i) Exercise
Price(s) Volume(s)
Per share £nil 40,998
Aggregated N/A single transaction
ii) Sale for tax and social security
Price(s) Volume(s)
Per share £3.080 19,270
Aggregated £59,351.60
iii) Transfer
Price(s) Volume(s)
Per share £nil 21,728
Aggregated N/A single transaction
d)
Date of the transaction
2026-03-24
e)
Place of the transaction
Outside a trading venue.
1 Details of the person discharging managerial responsibilities / closely
associated person
a) Name Lee David Norris
2 Reason for the notification
a) Position/status Person Closely Associated to Lyndsey Norris
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 Transfer of 21,728 shares from spouse and PDMR, Lyndsey Norris.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 21,728
Aggregated N/A single transaction
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 21,728
Aggregated N/A single transaction
d)
Date of the transaction
2026-03-24
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 (i) Vesting of an award of 48,421 nil cost options over
Shares under the rules of the Company's LTIP and the application of 3,343
Shares representing dividend equivalents upon vesting; the acquisition of the
aggregate 51,764 Shares on vesting.
(ii) Subsequent sale of 24,330 Shares to cover personal income
tax and social security liability arising on acquisition. Such shares were
purchased by Rotork's Employee Benefit Trust at a price of 308.00p per share,
being the middle-market quotation price for a Share on 23 March 2026. The
residual balance of 27,434 Shares will be held in Mr Pain's Global Nominee
Account.
c) Price(s) and volume(s)
i) Exercise
Price(s) Volume(s)
Per share £nil 51,764
Aggregated N/A single transaction
ii) Sale for tax and social security
Price(s) Volume(s)
Per share £3.080 24,330
Aggregated £74,936.40
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
ii) Sale for tax and social security
Price(s) Volume(s)
Per share £3.080 24,330
Aggregated £74,936.40
d)
Date of the transaction
2026-03-24
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 (iii) Vesting of a conditional share award over 45,292
Shares under the rules of the Company's LTIP and the application of 3,127
Shares representing dividend equivalents upon vesting; the acquisition of the
aggregate 48,419 Shares on vesting.
(iv) Subsequent sale of 15,761 Shares to cover personal income
tax and social security liability arising on acquisition. Such shares were
purchased by Rotork's Employee Benefit Trust at a price of 308.00p per share,
being the middle-market quotation price for a Share on 23 March 2026. The
residual balance of 32,658 Shares will be held in Mr Pelezo's Global Nominee
Account.
c) Price(s) and volume(s)
Vesting
(i) Price(s) Volume(s)
Per share £nil 48,419
Aggregated N/A single transaction
Sale for tax and social security
(ii) Price(s) Volume(s)
Per share £3.080 15,761
Aggregated £48,543.88
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Vesting
(i) Price(s) Volume(s)
Per share £nil 48,419
Aggregated N/A single transaction
Sale for tax and social security
(ii) Price(s) Volume(s)
Per share £3.080 15,761
Aggregated £48,543.88
d)
Date of the transaction
2026-03-24
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 Vesting of an award of 46,873 nil cost options over Shares under the rules of
the Company's LTIP and the application of 3,235 shares representing dividend
equivalents upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 50,108
Aggregated N/A single transaction
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 50,108
Aggregated N/A single transaction
d)
Date of the transaction
2026-03-24
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 Vesting of an award of 37,286 nil cost options over Shares under the rules of
the Company's LTIP and the application of 2,575 shares representing dividend
equivalents upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 39,861
Aggregated N/A single transaction
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per share £nil 39,861
Aggregated N/A single transaction
d)
Date of the transaction
2026-03-24
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 Vesting and payment of a cash settled conditional award over 64,717 notional
shares to Xin Man under the rules of the Company's LTIP, and the application
of 4,469 notional Shares representing dividend equivalents upon vesting, with
avalue based on the middle-market quotation price for a Share on 24 March
2026
c) Price(s) and volume(s)
Price(s) Volume(s)
Per notional share £3.0880 69,186
Aggregated £213,646.37
d) Date of the transaction 2026-03-24
e) Place of the transaction Outside a trading venue.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Per notional share £3.0880 69,186
Aggregated £213,646.37
d)
Date of the transaction
2026-03-24
e)
Place of the transaction
Outside a trading venue.
The Company can confirm that each of the above named PDMRs has complied with
their respective obligations to notify the Financial Conduct Authority of the
above transactions as required under the UK Market Abuse Regulation.
- END -
Rotork contact and telephone number for enquiries:
Stuart Pain, Group General Counsel & Company Secretary Tel: +44 (0)1225 733 200
Legal Entity Identifier: 213800AH5RZIHGWRJ718
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