22 March 2022
IMI plc
(the "Company")
Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Daniel Shook | |||
| 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 | IMI plc | |||
| b) | LEI | 2138002W9Q21PF751R30 | |||
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary share | |||
| b) | Nature of the transaction | Exercise of Deferred Bonus Shares award in respect of 22,225 shares vesting under the IMI plc Incentive Plan (nil cost option).
Daniel Shook sold sufficient shares 10,470 arising from the exercise to cover costs, and retained the balance as shares.
Exercise of award in respect of 55,072 shares vesting under the IMI plc Incentive Plan (nil cost option).
Daniel Shook sold sufficient shares 25,943 arising from the exercise to cover costs, and retained the balance as shares. | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) sold | Volume retained | |
| £14.825 | 36,413 | 40,884 | |||
| d) | Aggregated information · Aggregated volume exercised · No of shares retained
· Price |
77,297 40,884
£14.825 | |||
| e) | Date of the transaction | 2022-03-21 | |||
| f) | Place of the transaction | London Stock Exchange Main Market (XLON) | |||
| | | | | | |
For further information, please contact:
Louise Waldek
Group General Counsel and Company Secretary
Telephone: 0121 717 3700
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
