REG - Vesuvius plc - Director/PDMR Shareholding

VesuviusAnnouncement

13/03/2020 12:55

RNS Number : 1282G
  
Vesuvius plc
  
13 March 2020
  
 

Vesuvius plc   
                     
13 March 2020
 
Notification of Transactions of Persons Discharging Managerial Responsibilities
 
This notification is made in accordance with Article 19(3) of the Market Abuse Regulation.
 
Grant of 2020 Deferred Share Bonus Plan Awards
 
Vesuvius plc (the "Company") announces that on 12 March 2020, deferred share bonus plan awards (the "Awards") were granted over the Company's ordinary shares ("Shares") to the following persons discharging managerial responsibilities in the Company under the Vesuvius Deferred Share Bonus Plan in accordance with the Company's Remuneration Policy, in the form indicated in the table below:
 



Name


Maximum number of Shares under Award ("Award Shares")


Form of Award




Patrick André


7,044


Conditional Award 




Guy Young


5,345


Conditional Award



 
These awards represent the deferment, into shares, of 33% of the 2019 Annual Bonus earned by the Executive Directors during 2019.  Awards under the Deferred Share Bonus Plan will normally vest following the third anniversary of the award date. 
 
The Share price used to determine the number of Shares under awards was 392.48 pence being the average of the middle market quotation at close of business over the last 5 trading days ending on Wednesday 11 March 2020.
 
Name of contact and telephone number for queries:
 



Henry Knowles, General Counsel and Company Secretary


+44 (0) 20 7822 0000




Pamela Antay, Head of Investor Relations


+44 (0) 20 7822 0057



 
 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Patrick André
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Chief Executive




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 


Conditional share award over Vesuvius plc 10 pence ordinary shares














Identification code 


ISIN: GB00B82YXW83














b) 
 


Nature of the transaction 
 
 


Grant of share award under the Vesuvius Deferred Share Bonus Plan




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















392.48 pence


7,044






























d) 
 


Aggregated information 


















- Aggregated volume


7,044














- Aggregated Price
 
- Aggregated Total
 


392.48 pence
 
£27,646














e) 
 


Date of the transaction 
 
 


12 March 2020




f) 
 


Place of the transaction 
 
 


London - outside a trading venue



 



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 


Conditional share award over Vesuvius plc 10 pence ordinary shares














Identification code 


ISIN: GB00B82YXW83














b) 
 


Nature of the transaction 
 
 


Grant of share award under the Vesuvius Deferred Share Bonus Plan




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















392.48 pence


5,345






























d) 
 


Aggregated information 


















- Aggregated volume


5,345














- Aggregated Price
 
- Aggregated Total


392.48 pence
 
£20,978














e) 
 


Date of the transaction 
 
 


12 March 2020




f) 
 


Place of the transaction 
 
 


London - outside a trading venue



 
 
 
Vesuvius plc, 165 Fleet Street, London EC4A 2AE
Registered in England and Wales No. 8217766
LEI: 213800ORZ521W585SY02
www.vesuvius.com
 
 


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