Director/PDMR Shareholding

Released : 08 Mar 2017 06:00:00

RNS Number : 9254Y
De La Rue PLC
08 March 2017
 

De La Rue plc

 

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

8 March 2017

De La Rue plc (the "Company") has been advised today by Equiom (Guernsey) Limited as Trustee of the De La Rue Employee Share Ownership Trust that on 7 January 2017, the Trustees made a market share purchase of 21,293 ordinary shares of 44 152/175p  in the capital of the Company, and on behalf of the Company, at a price of 625.5p per share, to satisfy the vesting of an award made to Martin Sutherland, Chief Executive Officer (for nil consideration), on 26 November 2014 and the subsequent sale of 10,028 of those shares at a price of 625.5p per share to cover tax and social security. The remainder of the shares (11,265) are being retained.

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulations.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Martin Sutherland

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer (and PDMR)

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

 

a)

 

Name

 

De La Rue plc

b)

 

LEI

 

213800DH741LZWIJXP78

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 shares of 44 152/175p

 

 

GB00B3DGH821

b)

 

Nature of the transaction

 

 

(i) Vesting of 21,293 ordinary shares of an award made in November 2014; and (ii) the subsequent sale of sufficient shares to cover tax and social security. The remainder of the shares (11,265) are being retained.

c)

 

Price(s) and volume(s)

 

 

 

Transaction

Price(s)

 

Volume(s)

Total

Vesting

 

Nil

21,293

Nil

Sale for tax

625.5p

10,028

£62,725.14

 

 

d)

 

Aggregated information

 

 

Transaction

Price(s)

 

Volume(s)

Total

Vesting

 

Nil

21,293

Nil

Sale for tax

625.5p

10,028

£62,725.14

 

 

e)

 

Date of the transaction

 

2016-03-07 (GMT)

f)

 

Place of the transaction

 

(i)         Vesting: Outside a trading venue

(ii)        Sale: London Stock Exchange (XLON)

 

Ed Peppiatt, Company Secretary

Contact Number: 01256 605343

8 March 2017

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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