Avon Rubber PLC Director/PDMR Shareholding (7442G)
March 05 2018 - 10:19AM
UK Regulatory
TIDMAVON
RNS Number : 7442G
Avon Rubber PLC
05 March 2018
05 March 2018
Avon Rubber p.l.c.
('the Company')
Directors'/PDMR Shareholdings - SIP
Avon Rubber p.l.c. was notified on 5 March 2018 that the
following purchases of Avon Rubber p.l.c. ordinary shares were made
by Equiniti Share Plan Trustees Limited on 5 March 2018 on behalf
of four of the Company's 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.
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 the requirements of the EU Market
Abuse Regulation.
The information contained in the below notifications are
disclosed in accordance with Article 19 of the EU Market Abuse
Regulation.
1 Details of person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
a) Name Nicholas Keveth
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
a) Position / Chief Financial Officer
status
-------- ------------------------- ------------------------------------
b) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
a) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
b) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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 Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
b) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------
GBP 11.85 12
----------- ----------
-------- ------------------------- ------------------------------------
d) Aggregated
Information 12
* Aggregated volume GBP 11.85
GBP 142.20
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
e) Date of the 2018-03-05
transaction
-------- ------------------------- ------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
1 Details of person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
b) Name Miles Ingrey-Counter
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
c) Position / Company Secretary
status
-------- ------------------------- ------------------------------------
d) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
c) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
d) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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
-------- ---------------------------------------------------------------
g) Description Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
h) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
i) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------
GBP 11.85 12
----------- ----------
-------- ------------------------- ------------------------------------
j) Aggregated
Information 12
* Aggregated volume GBP 11.85
GBP 142.20
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
k) Date of the 2018-03-05
transaction
-------- ------------------------- ------------------------------------
l) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
1 Details of person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
c) Name Craig Sage
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
e) Position / Divisional Head - Dairy
status
-------- ------------------------- ------------------------------------
f) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
e) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
f) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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
-------- ---------------------------------------------------------------
m) Description Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
n) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
o) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------
GBP 11.85 12
----------- ----------
-------- ------------------------- ------------------------------------
p) Aggregated
Information 12
* Aggregated volume GBP 11.85
GBP 142.20
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
q) Date of the 2018-03-05
transaction
-------- ------------------------- ------------------------------------
r) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
1 Details of person discharging managerial
responsibilities/person closely associated
-------- ---------------------------------------------------------------
d) Name Leon Klapwijk
-------- ------------------------- ------------------------------------
2 Reason for the notification
-------- ---------------------------------------------------------------
g) Position / Divisional Head - Protection
status
-------- ------------------------- ------------------------------------
h) Initial notification Initial notification
/
amendment
-------- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-------- ---------------------------------------------------------------
g) Name Avon Rubber p.l.c.
-------- ------------------------- ------------------------------------
h) LEI 213800JM1AN62REBWA71
-------- ------------------------- ------------------------------------
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
-------- ---------------------------------------------------------------
s) Description Ordinary GBP1 shares in Avon
of the Rubber p.l.c.
financial instrument
and ISIN Code GB0000667013
-------- ------------------------- ------------------------------------
t) Nature of the Acquisition of shares in accordance
transaction with Avon's share incentive
plan
-------- ------------------------- ------------------------------------
u) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------
GBP 11.85 12
----------- ----------
-------- ------------------------- ------------------------------------
v) Aggregated
Information 12
* Aggregated volume GBP 11.85
GBP 142.20
* Aggregated price
* Aggregated total
-------- ------------------------- ------------------------------------
w) Date of the 2018-03-05
transaction
-------- ------------------------- ------------------------------------
x) Place of the London Stock Exchange (XLON)
transaction
-------- ------------------------- ------------------------------------
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the
Market Abuse Regulation.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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