TIDMMGGT

RNS Number : 1713S

Meggitt PLC

12 March 2021

Date: 12 March 2021

Meggitt PLC

("the Company")

Director/PDMR Shareholdings

Stewart Watson, President, Services & Support (PDMR)

On 10 March 2021, Stewart Watson exercised awards under the Meggitt Long Term Incentive Plan and sold some of the resulting shares to cover his tax liability and transaction costs:

 
 Scheme    Grant Date    Number       Total shares sold at   Total shares 
                          of shares    GBP4.5791              retained 
                          Exercised 
           07 April 
 LTIP       2017         54,432       40,034                 14,398 
          ------------  -----------  ---------------------  ------------- 
 

Meggitt Share Incentive Plan

The Company has been notified that on 10 March 2021 the Trustee of the Meggitt PLC Share Incentive Plan (EES Trustees Limited) purchased ordinary shares of 5p each on the London Stock Exchange at a price of GBP4.7105 for each of the Directors/PDMR listed below.

 
   Name and position         Number of       Total shareholding   Total shareholding 
                          shares purchased     as a result of       as a percentage 
                                                 transaction        of issued share 
                                                                        capital 
       Tony Wood 
    Chief Executive 
    (director/PDMR)             32                 43,391              0.0056% 
                        ------------------  -------------------  ------------------- 
      Chris Allen 
  President, Airframe 
     Systems (PDMR)             31                315,222              0.0403% 
                        ------------------  -------------------  ------------------- 
    Stewart Watson 
  President, Services 
    & Support (PDMR)            32                62,495*              0.0080% 
                        ------------------  -------------------  ------------------- 
     Hugh Clayton 
    Group Director, 
     Engineering & 
    Strategy (PDMR)             31                 6,927               0.0009% 
                        ------------------  -------------------  ------------------- 
 

*Includes the 14,398 shares obtained from the LTIP noted above.

 
  1     Details of the person discharging managerial responsibilities 
         / 
         person closely associated 
  a)    Name                         Stewart Watson 
      ---------------------------  ------------------------------------ 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status              President, Services & Support, 
                                      PDMR 
      ---------------------------  ------------------------------------ 
  b)    Initial notification         Initial 
         / 
         Amendment 
      ---------------------------  ------------------------------------ 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                         Meggitt PLC 
      ---------------------------  ------------------------------------ 
  b)    LEI                          YMFO3TKB4UAWQTDZJJ31 
      ---------------------------  ------------------------------------ 
  4     Details of the transaction(s): 
      ----------------------------------------------------------------- 
  a)    Description of the           Ordinary shares of 5p each 
         financial instrument, 
         type of instrument 
                                      GB0005758098 
         Identification code 
      ---------------------------  ------------------------------------ 
  b)    Nature of the                Exercise of options under the 
         transaction                  Meggitt Long Term Incentive Plan 
      ---------------------------  ------------------------------------ 
  c)    Price(s) and volume(s)          Price(s)     Volume(s) 
                                         GBP0         54,432 
                                                    ----------- 
      ---------------------------  ------------------------------------ 
  d)    Aggregated information 
 
         - Aggregated volume           54,432 
         - Price                       GBP0 
      ---------------------------  ------------------------------------ 
  e)    Date of the transaction      10 March 2021 
      ---------------------------  ------------------------------------ 
  f)    Place of the transaction     Outside trading venue (exercise) 
      ---------------------------  ------------------------------------ 
 
 
  1     Details of the person discharging managerial responsibilities 
         / 
         person closely associated 
  a)    Name                        Stewart Watson 
      --------------------------  ------------------------------------- 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status             President, Services & Support, 
                                     PDMR 
      --------------------------  ------------------------------------- 
  b)    Initial notification        Initial 
         / 
         Amendment 
      --------------------------  ------------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                        Meggitt PLC 
      --------------------------  ------------------------------------- 
  b)    LEI                         YMFO3TKB4UAWQTDZJJ31 
      --------------------------  ------------------------------------- 
  4     Details of the transaction(s): 
      ----------------------------------------------------------------- 
  a)    Description of the          Ordinary shares of 5p each 
         financial instrument, 
         type of instrument 
                                     GB0005758098 
         Identification code 
      --------------------------  ------------------------------------- 
  b)    Nature of the               Sale of shares. 
         transaction 
      --------------------------  ------------------------------------- 
  c)    Price(s) and volume(s)         Price(s)      Volume(s) 
                                        GBP4.5791     40,034 
                                                    ----------- 
      --------------------------  ------------------------------------- 
  d)    Aggregated information 
 
         - Aggregated volume          40,034 
         - Price                      GBP4.5791 
      --------------------------  ------------------------------------- 
  e)    Date of the transaction     10 March 2021 
      --------------------------  ------------------------------------- 
  f)    Place of the transaction    London Stock Exchange - XLON (sale) 
      --------------------------  ------------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / 
         person closely associated 
  a)    Name                           Tony Wood 
      -----------------------------  ---------------------------------- 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status                Chief Executive, director/PDMR 
      -----------------------------  ---------------------------------- 
  b)    Initial notification           Initial 
         / 
         Amendment 
      -----------------------------  ---------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                           Meggitt PLC 
      -----------------------------  ---------------------------------- 
  b)    LEI                            YMFO3TKB4UAWQTDZJJ31 
      -----------------------------  ---------------------------------- 
  4     Details of the transaction(s): 
      ----------------------------------------------------------------- 
  a)    Description of the             Ordinary shares of 5p each 
         financial instrument, 
         type of instrument 
                                        GB0005758098 
         Identification code 
      -----------------------------  ---------------------------------- 
  b)    Nature of the                  Purchase 
         transaction 
      -----------------------------  ---------------------------------- 
  c)    Price(s) and volume(s)            Price(s)      Volume(s) 
                                           GBP4.7105     32 
                                                       ----------- 
      -----------------------------  ---------------------------------- 
  d)    Aggregated information 
 
         - Aggregated volume             32 
         - Price                         GBP4.7105 
      -----------------------------  ---------------------------------- 
  e)    Date of the transaction        10 March 2021 
      -----------------------------  ---------------------------------- 
  f)    Place of the transaction       London Stock Exchange - XLON 
      -----------------------------  ---------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / 
         person closely associated 
  a)    Name                         Chris Allen 
      ---------------------------  ------------------------------------ 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status              President, Airframe Systems, PDMR 
      ---------------------------  ------------------------------------ 
  b)    Initial notification         Initial 
         / 
         Amendment 
      ---------------------------  ------------------------------------ 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                         Meggitt PLC 
      ---------------------------  ------------------------------------ 
  b)    LEI                          YMFO3TKB4UAWQTDZJJ31 
      ---------------------------  ------------------------------------ 
  4     Details of the transaction(s): 
      ----------------------------------------------------------------- 
  a)    Description of the           Ordinary shares of 5p each 
         financial instrument, 
         type of instrument 
                                      GB0005758098 
         Identification code 
      ---------------------------  ------------------------------------ 
  b)    Nature of the                Purchase 
         transaction 
      ---------------------------  ------------------------------------ 
  c)    Price(s) and volume(s)          Price(s)      Volume(s) 
                                         GBP4.7105     31 
                                                     ----------- 
      ---------------------------  ------------------------------------ 
  d)    Aggregated information 
 
         - Aggregated volume           31 
         - Price                       GBP4.7105 
      ---------------------------  ------------------------------------ 
  e)    Date of the transaction      10 March 2021 
      ---------------------------  ------------------------------------ 
  f)    Place of the transaction     London Stock Exchange - XLON 
      ---------------------------  ------------------------------------ 
 
 
  1     Details of the person discharging managerial responsibilities 
         / 
         person closely associated 
  a)    Name                           Stewart Watson 
      -----------------------------  ---------------------------------- 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status                President, Services & Support, 
                                        PDMR 
      -----------------------------  ---------------------------------- 
  b)    Initial notification           Initial 
         / 
         Amendment 
      -----------------------------  ---------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                           Meggitt PLC 
      -----------------------------  ---------------------------------- 
  b)    LEI                            YMFO3TKB4UAWQTDZJJ31 
      -----------------------------  ---------------------------------- 
  4     Details of the transaction(s): 
      ----------------------------------------------------------------- 
  a)    Description of the             Ordinary shares of 5p each 
         financial instrument, 
         type of instrument 
                                        GB0005758098 
         Identification code 
      -----------------------------  ---------------------------------- 
  b)    Nature of the                  Purchase 
         transaction 
      -----------------------------  ---------------------------------- 
  c)    Price(s) and volume(s)            Price(s)      Volume(s) 
                                           GBP4.7105     32 
                                                       ----------- 
      -----------------------------  ---------------------------------- 
  d)    Aggregated information 
 
         - Aggregated volume             32 
         - Price                         GBP4.7105 
      -----------------------------  ---------------------------------- 
  e)    Date of the transaction        10 March 2021 
      -----------------------------  ---------------------------------- 
  f)    Place of the transaction       London Stock Exchange - XLON 
      -----------------------------  ---------------------------------- 
 
 
  1     Details of the person discharging managerial responsibilities 
         / 
         person closely associated 
  a)    Name                           Hugh Clayton 
      -----------------------------  ---------------------------------- 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status                Group Director, Engineering & 
                                        Strategy, 
                                        PDMR 
      -----------------------------  ---------------------------------- 
  b)    Initial notification           Initial 
         / 
         Amendment 
      -----------------------------  ---------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                           Meggitt PLC 
      -----------------------------  ---------------------------------- 
  b)    LEI                            YMFO3TKB4UAWQTDZJJ31 
      -----------------------------  ---------------------------------- 
  4     Details of the transaction(s): 
      ----------------------------------------------------------------- 
  a)    Description of the             Ordinary shares of 5p each 
         financial instrument, 
         type of instrument 
                                        GB0005758098 
         Identification code 
      -----------------------------  ---------------------------------- 
  b)    Nature of the                  Purchase 
         transaction 
      -----------------------------  ---------------------------------- 
  c)    Price(s) and volume(s)            Price(s)      Volume(s) 
                                           GBP4.7105     31 
                                                       ----------- 
      -----------------------------  ---------------------------------- 
  d)    Aggregated information 
 
         - Aggregated volume             31 
         - Price                         GBP4.7105 
      -----------------------------  ---------------------------------- 
  e)    Date of the transaction        10 March 2021 
      -----------------------------  ---------------------------------- 
  f)    Place of the transaction       London Stock Exchange - XLON 
      -----------------------------  ---------------------------------- 
 

Enquiries:

Meggitt PLC

Marina Thomas, Group Company Secretary ( marina.thomas@meggitt.com )

Katie Lewis, Senior Assistant Company Secretary ( katie.lewis@meggitt.com )

Simon Grant, Assistant Company Secretary ( simon.r.grant@meggitt.com )

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

DSHKZGMFVZNGMZM

(END) Dow Jones Newswires

March 12, 2021 11:59 ET (16:59 GMT)

Meggitt (LSE:MGGT)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Meggitt Charts.
Meggitt (LSE:MGGT)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Meggitt Charts.