Avon Rubber PLC Director/PDMR Shareholding (4472Y)
September 08 2015 - 9:26AM
UK Regulatory
TIDMAVON
RNS Number : 4472Y
Avon Rubber PLC
08 September 2015
RNS Number:
Avon Rubber p.l.c.
8 September 2015
Avon Rubber p.l.c.
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 7 September 2015 that the
following purchases of Avon Rubber p.l.c. ordinary shares were made
by Equiniti Share Plan Trustees Limited on 7 September 2015 on
behalf of the Company's executive directors and persons discharging
managerial responsibilities pursuant to the Company's Share
Incentive Plan (SIP).
The SIP is an all-employee share plan arrangement approved by HM
Revenue and Customs, under which employees are able to buy ordinary
shares in the Company using deductions from salary in each monthly
pay period.
Number Percentage Price Beneficial Percentage
of Partnership of issued Per Share Interest in of issued share
Shares share capital shares following capital
acquired acquired this notification
under the
SIP
Executive Directors
Peter
Slabbert 17 0.0001 GBP9.01 137,880 0.444
---------------- --------------- ----------- ------------------- -----------------
Andrew
Lewis 17 0.0001 GBP9.01 81,345 0.262
---------------- --------------- ----------- ------------------- -----------------
PDMRs
Miles
Ingrey-Counter 17 0.0001 GBP9.01 40,493 0.131
---------------- --------------- ----------- ------------------- -----------------
Section 85(1) of the Financial Services and Markets Act 2000
(FSMA 2000) provides that it is unlawful to offer transferable
securities to the public unless an approved prospectus has been
made available. The total consideration for the securities being
offered is less than EUR5,000,000 therefore the Company will fall
within the exemption at paragraph 9(1) of Schedule 11A of FSMA
2000.
This notification is made in order to satisfy both section 793
of the Companies Act 2006 and Disclosure and Transparency Rule
3.1.2.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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