8 March 2023
IMI PLC
(the "Company")
Notification of Transactions by Persons 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 | Jun Hu
| |||
| 2. | Reason for the notification | ||||
| a) | Position/status | Divisional Managing Director
| |||
| 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 | i) Exercise of award in respect of 5,000 shares vested under the 2013 IMI Share Option Plan (satisfied with shares held in an employee trust). Sale of 4,322 shares to cover tax and dealing costs and 678 shares retained. ii) Exercise of award in respect of 6,500 shares vested under the 2014 IMI Share Option Plan (satisfied with shares held in an employee trust). Sale of 6,073 shares to cover tax and dealing costs and 427 shares retained. | |||
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) | |
| i) | nil | 5,000 shares exercised | |||
| £16.078 | 4,322 shares sold | ||||
| ii) | nil | 6,500 shares exercised | |||
| £16.078 | 6,073 shares sold | ||||
| d) | Aggregated information · Aggregated volume · Price | As above | |||
| e) | Date of the transaction | 7 March 2023 | |||
| f) | Place of the transaction | Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) | |||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||
| a) | Name | Elizabeth Rose | |||
| 2. | Reason for the notification | ||||
| a) | Position/status | Group HR Director | |||
| 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 award in respect of 1,500 shares vested under the 2013 IMI Share Option Plan (satisfied with shares held in an employee trust). Sale of 1,239 shares to cover tax and dealing costs and 261 shares retained. | |||
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) | |
| i) | nil | 1,500 shares exercised | |||
| £16.078 | 1,239 shares sold | ||||
| d) | Aggregated information · Aggregated volume · Price | As above | |||
| e) | Date of the transaction | 7 March 2023 | |||
| f) | Place of the transaction | Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) | |||
For further information, please contact:
Fran Burge
Assistant Company Secretary
Telephone: 0121 717 3700
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