TIDMAVON

RNS Number : 7120U

Avon Rubber PLC

07 April 2021

7 April 2021

Avon Rubber p.l.c.

('the Company')

Directors'/PDMR Shareholdings

Share Incentive Plan

The Company was notified on 6 April 2021 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees Limited on 6 April 2021 on behalf of two of the Company's persons discharging managerial responsibilities ('PDMR') 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.

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 / status          Chief Financial Officer 
          -------------------------  ----------------------------------------------- 
      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 of             Ordinary GBP1 shares in Avon Rubber 
            the                        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. Transaction 
                                       by PDMR under article 19 of the Market 
                                       Abuse Regulation. 
          -------------------------  ----------------------------------------------- 
      c)   Price(s) and                 Price(s)     Volume(s) 
            volume(s)                   GBP 33.758        4 
                                                     ---------- 
          -------------------------  ----------------------------------------------- 
      d)   Aggregated Information 
             *    Aggregated volume     4 
                                        GBP 33.758 
                                        GBP 135.03 
             *    Aggregated price 
 
 
             *    Aggregated total 
          -------------------------  ----------------------------------------------- 
      e)   Date of the                2021-04-06 
            transaction 
          -------------------------  ----------------------------------------------- 
      f)   Place of the               London Stock Exchange (XLON) 
            transaction 
          -------------------------  ----------------------------------------------- 
 
 
      1    Details of person discharging managerial responsibilities/person 
            closely associated 
      a)   Name                       Miles Ingrey-Counter 
          -------------------------  ----------------------------------------------- 
      2    Reason for the notification 
          -------------------------------------------------------------------------- 
      a)   Position / status          Company Secretary 
          -------------------------  ----------------------------------------------- 
      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 of             Ordinary GBP1 shares in Avon Rubber 
            the                        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. Transaction 
                                       by PDMR under article 19 of the Market 
                                       Abuse Regulation. 
          -------------------------  ----------------------------------------------- 
      c)   Price(s) and                 Price(s)     Volume(s) 
            volume(s)                   GBP 33.758        4 
                                                     ---------- 
          -------------------------  ----------------------------------------------- 
      d)   Aggregated Information 
             *    Aggregated volume     4 
                                        GBP 33.758 
                                        GBP 135.03 
             *    Aggregated price 
 
 
             *    Aggregated total 
          -------------------------  ----------------------------------------------- 
      e)   Date of the                2021-04-06 
            transaction 
          -------------------------  ----------------------------------------------- 
      f)   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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUBVURASUSRAR

(END) Dow Jones Newswires

April 07, 2021 09:00 ET (13:00 GMT)