REG - Vesuvius plc - Director/PDMR Shareholding <Origin Href="QuoteRef">VSVS.L</Origin>

VesuviusAnnouncement

02/11/2017 11:01

RNS Number : 4032V
Vesuvius plc
02 November 2017
Notification of Transaction of Person Discharging Managerial Responsibilities
This notification is made in accordance with Article 19(3) of the Market Abuse Regulation.
Vesting of Restricted Share Award
Vesuvius plc (the "Company") announces that the second tranche of the Restricted Share Award made to Mr Guy Young, following his appointment as Chief Financial Officer, vested on 1 November 2017. Of the 8,557 Vesuvius plc Ordinary Shares of 10 pence ("Shares") which vested, 4,031 Shares were sold to cover tax and national insurance contributions and 4,526 Shares were transferred to Mr. Young. 
Name of contact and telephone number for queries:
Henry Knowles, General Counsel and Company Secretary, +44 (0) 20 7822 0000
Virginia Skroski, Investor Relations Manager, +44 (0) 20 7822 0016
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Guy Young 
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 
Vesuvius plc
b) 
LEI 
213800ORZ521W585SY02
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 
Vesuvius plc 10 pence ordinary shares
Identification code 
ISIN: GB00B82YXW83
b) 
Nature of the transaction 
Vesting of the remaining 50% of a Restricted Share Award over 17,115 Vesuvius plc Ordinary Shares (8,557 shares) and sale of sufficient shares to satisfy tax/nic liability
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
5.9225
4,031
d) 
Aggregated information 
- Aggregated volume
4,031
- Price
- Total
5.9225
23,873.60
e) 
Date of the transaction 
1 November 2017
f) 
Place of the transaction 
London Stock Exchange (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
  END
DSHUGGMAGUPMGUP