25 March 2022
Rotork plc ('Company')
Notification of transactions by Persons Discharging Managerial Responsibilities ('PDMRs')
The Company provides notification of the following transactions undertaken outside of a market venue relating to the below named PDMRs and their respective interests in the ordinary shares of nominal value 0.5p each in the capital of the Company ("Shares") (ISIN: GB00BVFNZH21).
The transactions arise from awards, made to each of the PDMRs by the Remuneration Committee on 24 March 2022, of a three-year performance conditioned nil cost option over, or conditional award of, Shares under the Company's Long Term Incentive Plan. The number of Shares shown is the maximum available if the performance conditions for the period from 1 January 2022 to 31 December 2024 are satisfied in full. The number of Shares have been calculated by reference to a price of £3.2744, being the average of the Company's Share price over the five trading days immediately preceding the date of grant. The awards made to Executive Directors have been made in accordance with the Directors' Remuneration Policy.
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Kiet Huynh | ||||||||||||
| 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
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Jonathan Mark Davis | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Group Finance Director | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue. | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Paul Burke | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Chief Information Officer | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction | Outside a trading venue | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Katherine Callaghan | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Group Human Resources Director | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan.
| ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue. | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Stuart Pain | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Group General Counsel & Company Secretary | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue. | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Grant Wood | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Group Operations Director | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue. | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Lyndsey Norris | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Managing Director - Chemical, Process & Industrial | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of nil cost options over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue. | ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
|
Neil Manning | ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Managing Director - Oil & Gas and Site Services | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of conditional awards over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue.
| ||||||||||||
| 1
| Details of the person discharging managerial responsibilities / closely associated person
| |||||||||||||
| a)
| Name
| Mike Pelezo
| ||||||||||||
| 2
| Reason for the notification
| |||||||||||||
| a)
| Position/status
| Site Services Director | ||||||||||||
| b)
| Initial notification /Amendment
| Initial notification | ||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
| a)
| Name
| Rotork plc | ||||||||||||
| b)
| LEI
| 213800AH5RZIHGWRJ718 | ||||||||||||
| 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 | Ordinary 0.5p shares | ||||||||||||
|
|
| |||||||||||||
| Identification code | ISIN GB00BVFNZH21 | |||||||||||||
|
|
| |||||||||||||
| b)
| Nature of the transaction
| Grant of conditional awards over Shares under the Company's Long Term Incentive Plan. | ||||||||||||
| c) | Price(s) and volume(s) |
|
|
|
| |||||||||
| d)
| Date of the transaction
| 2022-03-24 | ||||||||||||
| e)
| Place of the transaction
| Outside a trading venue. | ||||||||||||
The Company can confirm that each of the above named PDMRs have complied with their respective obligation to notify the Financial Conduct Authority of the above transactions as required under MAR.
- END -
| Rotork contact and telephone number for enquiries:
|
|
| Stuart Pain, Group General Counsel & Company Secretary | Tel: +44 (0)1225 733 200 |
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