Source - RNS
RNS Number : 9843J
Aggreko PLC
05 April 2018
 

5 April 2018

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Following the vesting on 3 April 2018 of the award of shares made to Chris Weston, the Chief Executive Officer, on 30 March 2015 under a deferred share award agreement, Chris undertook the following transactions in ordinary shares in Aggreko plc (the "Company").

 

Chris Weston acquired a total of 8,602 ordinary shares for nil consideration, comprising the original award of 7,736 shares and 866 additional dividend equivalent shares.

 

Subsequently, Chris Weston sold 4,052 ordinary shares at 722 pence 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 /Amendment

 

Initial notification

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 4 329/395 pence each ('Shares')

 

 

GB00BK1PTB77

 

b)

 

Nature of the transaction

 

 

Acquisition of Shares for nil consideration following the vesting on 3 April 2018 of the award of shares made under a deferred share award agreement.

 

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

8,602

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

8,602

 

nil

e)

 

Date of the transaction

 

3 April 2018

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 4 329/395 pence each ('Shares')

 

 

GB00BK1PTB77

 

b)

 

Nature of the transaction

 

 

Sale of Shares on 4 April 2018 to satisfy the tax liability arising from the vesting of the award of shares made under a deferred share award agreement.

 

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£7.22

4,052

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

4,052

 

£7.22

e)

 

Date of the transaction

 

4 April 2018

f)

 

Place of the transaction

 

London Stock Exchange

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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