REG - Vesuvius plc - Director/PDMR Shareholding

VesuviusAnnouncement

15/03/2019 15:45

RNS Number : 0731T
Vesuvius plc
15 March 2019
 


Vesuvius plc  
                    
15 March 2019
 
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 2019 Deferred Share Bonus Plan Awards
 
Vesuvius plc (the "Company") announces that on 14 March 2019, 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


29,646


Conditional Award




Guy Young


19,028


Conditional Award



 
These awards represent the deferment, into shares, of 33% of the 2018 Annual Bonus earned by the individuals in respect of their service as Executive Directors during 2018.  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 £6.079 being the average of the middle market quotation at close of business over the last 5 dealing days ending on Wednesday 13 March 2019.
 
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
 
 


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)
















£6.079


29,646






























d)
 


Aggregated information


















- Aggregated volume


29,646














- Aggregated Price
 
- Aggregated Total
 


£6.079
 
£180,218














e)
 


Date of the transaction
 
 


14 March 2019




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)
















£6.079


19,028






























d)
 


Aggregated information


















- Aggregated volume


19,028














- Aggregated Price
 
- Aggregated Total


£6.079
 
£115,671














e)
 


Date of the transaction
 
 


14 March 2019




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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