TIDMDVO

RNS Number : 2529W

Devro PLC

17 August 2020

DEVRO plc ("Devro" or "the Company")

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

Following the vesting on 12 August 2020 of an award of Devro plc 10p ordinary shares ("Shares") made to Group Human Resources Director, Anton Zawada, on 11 June 2020 under the Company's 2013 Performance Share Plan (the "Award") (to replace a portion of the awards Mr Zawada forfeited at his previous employer, in order to take up his position with the Company), Mr Zawada has undertaken the following transactions in Shares:

On 12 August, Anton Zawada acquired 12,562 Shares for nil consideration.

On 14 August, Anton Zawada sold 5,935 Shares at 181.8 pence per Share to cover the tax liability and dealing costs arising on the vesting of the Award.

The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.

Enquiries:

Andrew Money

Company Secretary

Tel: 01236 872261

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Anton Zawada 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Group Human Resources Director / 
                                   PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Devro plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         549300Z9YLY7LEMLJ904 
     --------------------------  --------------------------------------- 
 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          Ordinary 10p shares 
       financial instrument, 
       type of instrument 
                                   GB0002670437 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Acquisition of shares following the 
                                   vesting on 12 August 2020 of an award 
                                   of shares granted on 11 June 2020 
                                   under the Company's 2013 Performance 
                                   Share Plan. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     Nil cost    12,562 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
                                    12,562 
       - Price 
                                    Nil cost 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     2020-08-12 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ---------------------------------------

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Anton Zawada 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Group Human Resources Director / 
                                   PDMR 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Devro plc 
     --------------------------  --------------------------------------- 
 b)   LEI                         549300Z9YLY7LEMLJ904 
     --------------------------  --------------------------------------- 
 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          Ordinary 10p shares 
       financial instrument, 
       type of instrument 
                                   GB0002670437 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Sale of shares on 14 August 2020 
                                   to satisfy the tax liability arising 
                                   from a vesting of the award of shares 
                                   granted on 11 June 2020 under the 
                                   Company's 2013 Performance Share 
                                   Plan. 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)       Volume(s) 
                                     181.8 pence    5,935 
                                                   ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
                                    5,935 
       - Price 
                                    181.8 pence 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     2020-08-14 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ---------------------------------------

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.

END

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