Source - LSE Regulatory
RNS Number : 5650H
Devro PLC
04 August 2021
 

DEVRO plc ("Devro" or "the Company")

 

Notification of Transactions of Directors, Persons Discharging Managerial

Responsibility or Connected Persons

 

 

Following the vesting on 2 August 2021 of an award of Devro plc 10p ordinary shares ("Shares") made to Group Human Resources Director, Anton Zawada, on 11 June 2020 under the Company's Performance Share Plan (the "Award") (to replace a portion of the awards Mr Zawada forfeited at his previous employer, in order to take up his position with the Company), Mr Zawada has undertaken the following transactions in Shares:

 

On 2 August, Anton Zawada acquired 10,338 Shares for nil consideration.

 

On 4 August, Anton Zawada sold 4,884 Shares at 222.0 pence per Share to cover the tax liability and dealing costs arising on the vesting of the Award.

 

The notifications at the end of the announcement, made in accordance with the requirements of the Market Abuse Regulation, provide further details.

 

 

Enquiries:

 

Catriona Christie

Assistant Company Secretary

 

Tel:  01236 872261

 

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Anton Zawada

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Group Human Resources Director / PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Devro plc

b)

 

LEI

 

 

549300Z9YLY7LEMLJ904

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 10p shares

 

 

GB0002670437

 

b)

 

Nature of the transaction

 

 

Acquisition of shares following the vesting on 2 August 2021 of an award of shares granted on 11 June 2020 under the Company's Performance Share Plan.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

Nil cost

10,338

 

 



 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

2021-08-02

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Anton Zawada

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Group Human Resources Director / PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Devro plc

b)

 

LEI

 

 

549300Z9YLY7LEMLJ904

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 10p shares

 

 

GB0002670437

 

b)

 

Nature of the transaction

 

 

Sale of shares on 4 August 2021 to satisfy the tax liability arising from a vesting of the award of shares granted on 11 June 2020 under the Company's Performance Share Plan.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

222.0 pence

4,884

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

 

e)

 

Date of the transaction

 

 

2021-08-04

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

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