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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