Source - LSE Regulatory
RNS Number : 2437C
Electrocomponents PLC
17 June 2021
 

ELECTROCOMPONENTS PLC

("the Company")

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs')

Electrocomponents plc (the 'Company') announces the following transactions in ordinary shares of 10p each in the Company (the 'Shares'):

 

On 15 June 2021, conditional awards of Shares granted on 7 June 2018 under the Electrocomponents Long Term Incentive Plan 2016 ('LTIP') and on 3 June 2019 under the Deferred Share Bonus Plan ('DSBP') vested to the following Directors / PDMRs:

 

 

Director / PDMR

Number of LTIP awards vested

Number of DSBP awards vested

Lindsley Ruth

97,505

34,852

David Egan

53,078

22,767

Mike England

21,134

11,885

 

 

The notifications below, which have been made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

 

 

Ian Haslegrave

Company Secretary

17 June 2021

 

LEI: 549300KVXDURRKVW7R37


1 .

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Lindsley Ruth

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

 

Electrocomponents plc

b)

 

LEI

 

549300KVXDURRKVW7R37

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

10 pence ordinary shares

 



Identification code

GB0003096442



b)

 

Nature of the transaction

 

 

Vesting of:

-     conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and

-     conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008 .

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

97,505




Nil

34,852







d)

 

Aggregated information




- Aggregated volume

132,357



- Price

Nil



e)

 

Date of the transaction

 

 

2021-06-15

f)

 

Place of the transaction

 

 

Outside a trading venue

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

10 pence ordinary shares

 



Identification code

GB0003096442



b)

 

Nature of the transaction

 

 

Sale of shares to cover tax liabilities and sale costs arising on vesting of:

-     conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and

-     conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




GBP10.4199

42,738




GBP10.4199

14,717







d)

 

Aggregated information




- Aggregated volume

57,455



- Price

GBP598,675.35



e)

 

Date of the transaction

 

 

2021-06-15

f)

 

Place of the transaction

 

 

London Stock Exchange

XLON

 


1 .

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

David Egan

2.

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3.

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Electrocomponents plc

b)

 

LEI

 

549300KVXDURRKVW7R37

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

10 pence ordinary shares

 



Identification code

GB0003096442



b)

 

Nature of the transaction

 

 

Vesting of:

-     conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and

-     conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

53,078




Nil

22,767







d)

 

Aggregated information




- Aggregated volume

75,845



- Price

Nil



e)

 

Date of the transaction

 

 

2021-06-15

f)

 

Place of the transaction

 

 

Outside a trading venue

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

10 pence ordinary shares

 



Identification code

GB0003096442



b)

 

Nature of the transaction

 

 

Sale of shares to cover tax liabilities and sale costs arising on vesting of:

-     conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and

-     conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




GBP10.4199

25,022




GBP10.4199

10,733







d)

 

Aggregated information




- Aggregated volume

35,755



- Price

GBP372,563.53



e)

 

Date of the transaction

 

 

2021-06-15

f)

 

Place of the transaction

 

 

London Stock Exchange

XLON

 



 

 

1 .

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mike England

2.

 

Reason for the notification

 

a)

 

Position/status

 

Chief Operating Officer

b)

 

Initial notification /Amendment

 

Initial notification

3.

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Electrocomponents plc

b)

 

LEI

 

549300KVXDURRKVW7R37

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

10 pence ordinary shares

 



Identification code

GB0003096442



b)

 

Nature of the transaction

 

 

Vesting of:

-     conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and

-     conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

21,134




Nil

11,885







d)

 

Aggregated information




- Aggregated volume

33,019



- Price

Nil



e)

 

Date of the transaction

 

 

2021-06-15

f)

 

Place of the transaction

 

 

Outside a trading venue

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

10 pence ordinary shares

 



Identification code

GB0003096442



b)

 

Nature of the transaction

 

 

Sale of shares to cover tax liabilities and sale costs arising on vesting of:

-     conditional awards of Shares granted on 7 June 2018 under the Electrocomponents plc Long Term Incentive Plan 2016; and

-     conditional awards of Shares granted on 3 June 2019 under the Electrocomponents plc Deferred Share Bonus Plan 2008.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




GBP10.4199

9963




GBP10.4199

5603












d)

 

Aggregated information




- Aggregated volume

15,566



- Price

GBP162,196.16



e)

 

Date of the transaction

 

 

2021-06-15

f)

 

Place of the transaction

 

 

London Stock Exchange

XLON

 

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