Avon Rubber PLC Directors'/PDMR Shareholdings (3423C)
07 Febbraio 2020 - 12:00PM
UK Regulatory
TIDMAVON
RNS Number : 3423C
Avon Rubber PLC
07 February 2020
7 February 2020
Avon Rubber p.l.c.
('the Company')
Directors'/PDMR Shareholdings
Share Incentive Plan
The Company was notified on 5 February 2020 that the following
purchases of Avon Rubber p.l.c. ordinary shares were made by
Equiniti Share Plan Trustees Limited on 5 February 2020 on behalf
of three 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.
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 / 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 26.100 6
----------
------------------------- -----------------------------------------------
d) Aggregated Information
* Aggregated volume 6
GBP 26.100
GBP 156.60
* Aggregated price
* Aggregated total
------------------------- -----------------------------------------------
e) Date of the 2020-02-05
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 26.100 6
----------
------------------------- -----------------------------------------------
d) Aggregated Information
* Aggregated volume 6
GBP 26.100
GBP 156.60
* Aggregated price
* Aggregated total
------------------------- -----------------------------------------------
e) Date of the 2020-02-05
transaction
------------------------- -----------------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
------------------------- -----------------------------------------------
1 Details of person discharging managerial responsibilities/person
closely associated
a) Name Craig Sage
------------------------- -----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position / status Divisional Head - Dairy
------------------------- -----------------------------------------------
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 26.100 6
----------
------------------------- -----------------------------------------------
d) Aggregated Information
* Aggregated volume 6
GBP 26.100
GBP 156.60
* Aggregated price
* Aggregated total
------------------------- -----------------------------------------------
e) Date of the 2020-02-05
transaction
------------------------- -----------------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
------------------------- -----------------------------------------------
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the
Market Abuse Regulation.
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END
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