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REG - Vesuvius plc - Director/PDMR Shareholding




 



RNS Number : 9357S
Vesuvius plc
19 March 2021
 

Vesuvius plc  

                    

19 March 2021

 

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 2021 Deferred Share Bonus Plan Awards

 

Vesuvius plc (the "Company") announces that on 18 March 2021, 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

9,430

Conditional Award

Guy Young

6,093

Conditional Award

 

These awards represent the deferment, into shares, of 33% of the 2020 Annual Bonus earned by the Executive Directors during 2020.  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 536.9 pence being the average of the middle market quotation at close of business over the last 5 trading days ending on Wednesday 17 March 2021.

 

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)




536.9 pence

9,430







d)

 

Aggregated information




- Aggregated volume

9,430



- Aggregated Price

 

- Aggregated Total

 

536.9 pence

 

£50,629.67



e)

 

Date of the transaction

 

 

18 March 2021

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)




536.9 pence

6,093







d)

 

Aggregated information




- Aggregated volume

6,093



- Aggregated Price

 

- Aggregated Total

536.9 pence

 

£32,713.32



e)

 

Date of the transaction

 

 

18 March 2021

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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