Vesuvius Plc - Director/PDMR Shareholding
PR Newswire
LONDON, United Kingdom, April 10
Vesuvius plc
10 April 2024
Notification of Transactions of Persons Discharging Managerial Responsibilities
This notification is made in accordance with Article 19(3) of the Market Abuse Regulation.
Grant of 2024 Deferred Share Bonus Plan Awards
Vesuvius plc (the "Company") announces that on 8 April 2024, deferred share bonus plan awards (the "Awards") were granted over the Company's ordinary shares ("Shares") to the following persons discharging managerial responsibilities in the Company under the Vesuvius Deferred Share Bonus Plan in accordance with the Company's Remuneration Policy, in the form indicated in the table below:
Name | Number of Shares under Award ("Award Shares") | Form of Award |
Patrick André | 64,560 | Conditional Award |
Mark Collis | 23,854 | Conditional Award |
The Awards represent the deferment, into shares, of 33% of the Annual Bonus earned by Patrick André and Mark Collis during 2023. Awards under the Deferred Share Bonus Plan will normally vest following the third anniversary of the award date. There are no additional performance conditions applicable to these awards.
The Share price used to determine the number of Shares under award was 486.61 pence being the average of the middle market quotation at close of business over the 30 days ending on Sunday 7 April 2024.
Name of contact and telephone number for queries:
Henry Knowles, General Counsel and Company Secretary | +44 (0) 20 7822 0000 |
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1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Patrick André | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Vesuvius plc | |||
b)
| LEI
| 213800ORZ521W585SY02 | |||
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 | Conditional share award over Vesuvius plc 10 pence ordinary shares | |||
|
| ||||
Identification code | ISIN: GB00B82YXW83 | ||||
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| ||||
b)
| Nature of the transaction
| Grant of share award under the Vesuvius Deferred Share Bonus Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 486.61 pence | 64,560 |
| |
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|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 64,560 | ||||
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| ||||
- Aggregated Price | 486.61 pence | ||||
|
| ||||
- Aggregated Total | £314,155 | ||||
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| ||||
e)
| Date of the transaction
| 8 April 2024 | |||
f)
| Place of the transaction
| London - outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Mark Collis | |||
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
| Vesuvius plc | |||
b)
| LEI
| 213800ORZ521W585SY02 | |||
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 | Conditional share award over Vesuvius plc 10 pence ordinary shares | |||
|
| ||||
Identification code | ISIN: GB00B82YXW83 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of share award under the Vesuvius Deferred Share Bonus Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 486.61 pence | 23,854 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 23,854 | ||||
|
| ||||
- Aggregated Price | 486.61 pence | ||||
|
| ||||
- Aggregated Total | £116,075 | ||||
|
| ||||
e)
| Date of the transaction
| 8 April 2024 | |||
f)
| Place of the transaction
| London - outside a trading venue | |||
Vesuvius plc, 165 Fleet Street, London EC4A 2AE
Registered in England and Wales No. 8217766
LEI: 213800ORZ521W585SY02
www.vesuvius.com
