TIDMAGK

RNS Number : 7446H

Aggreko PLC

26 March 2020

26 March 2020

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The Persons Discharging Managerial Responsibility ("PDMRs") named below undertook the following transactions in ordinary shares of 4 (329/395) pence ("Shares") in Aggreko plc (the "Company").

Following the vesting on 24 March 2020 of the award of Shares made to Chris Weston on 24 March 2017 under the Aggreko Deferred Share Bonus Plan, Chris acquired, on 24 March 2020, 6,863 Shares for nil consideration. These Shares comprised the 5,569 original award Shares and 1,294 additional dividend equivalent Shares.

Subsequently, on 25 March 2020, Chris Weston sold 3,231 Shares at GBP4.34 per Share to cover the tax liability and dealing costs arising on the vesting of the award.

The following disclosures are made in accordance with Article 19.3 of Regulation 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Chris Weston 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Aggreko plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         2138003R7TGCSVF27H47 
     --------------------------  ------------------------------------------- 
 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 shares of 4 (329/395) pence 
       financial instrument,       each ('Shares') 
       type of instrument 
 
       Identification code         GB00BK1PTB77 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Acquisition of Shares following the 
                                   vesting on 24 March 2020 of awards 
                                   of Shares made under the Aggreko Deferred 
                                   Share Bonus Plan on 24 March 2017. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         6,863 
                                               ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          6,863 
 
       - Price                      Nil 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     24 March 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------------- 
 5    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 shares of 4 (329/395) pence 
       financial instrument,       each ('Shares') 
       type of instrument 
 
       Identification code         GB00BK1PTB77 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Sale of Shares on 25 March 2020 to 
                                   satisfy the tax liability arising from 
                                   a vesting of the awards of Shares made 
                                   under the Aggreko Deferred Share Plan 
                                   on 24 March 2017. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    GBP4.34     3,231 
                                               ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          3,231 
 
       - Price                      GBP4.34 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     25 March 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------------- 
 

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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March 26, 2020 08:52 ET (12:52 GMT)

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