Vesuvius plc Director/PDMR Shareholding (0415I)
March 16 2018 - 12:00PM
UK Regulatory
TIDMVSVS
RNS Number : 0415I
Vesuvius plc
16 March 2018
Vesuvius plc
16 March 2018
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 2018 Deferred Share Bonus Plan Awards
Vesuvius plc (the "Company") announces that on 15 March 2018,
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 Maximum number of Shares Form of Award
under Award ("Award
Shares")
------------------- ------------------------- --------------
Patrick André 10,128 Conditional
Award
------------------- ------------------------- --------------
Guy Young 18,118 Conditional
Award
------------------- ------------------------- --------------
These awards represent the deferment, into shares, of 33% of the
2017 Annual Bonus earned by the individuals in respect of their
service as Executive Directors during 2017. Awards under the
Deferred Share Bonus Plan will normally vest following the third
anniversary of the award date.
The Share price used to determine the number of Shares under
awards was GBP6.045 being the average of the middle market
quotation at close of business over the last 5 dealing days ending
on Wednesday 14 March 2018.
Name of contact and telephone number for queries:
Henry Knowles, General Counsel +44 (0) 20 7822
and Company Secretary 0000
Virginia Skroski, Investor +44 (0) 20 7822
Relations Manager 0016
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 Initial notification
/Amendment
---- ------------------------------ ------------------------------------
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 Performance share award in
the financial the form of nil-cost options
instrument, type over Vesuvius plc 10 pence
of instrument ordinary shares
----
Identification ISIN: GB00B82YXW83
code
b) Nature of the Grant of performance share
transaction awards under the Vesuvius
Share Plan
---- ------------------------------ ------------------------------------
c) Price(s) and volume(s)
---- ---------------- ---------------
Price(s) Volume(s)
---- ---------------- ---------------
GBP6.045 10,128
---------------------------------------------------- ---------------
d) Aggregated information
----
- Aggregated volume 10,128
- Aggregated Price GBP6.045
- Aggregated Total GBP61,223
e) Date of the transaction 15 March 2018
---- ------------------------------ ------------------------------------
f) Place of the transaction London - outside a trading
venue
---- ------------------------------ ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- --------------------------------------------------------------------
a) Name Guy Young
---- ------------------------------ ------------------------------------
2 Reason for the notification
---- --------------------------------------------------------------------
a) Position/status Chief Financial Officer
---- ------------------------------ ------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------ ------------------------------------
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 Performance share award in
the financial the form of nil-cost options
instrument, type over Vesuvius plc 10 pence
of instrument ordinary shares
----
Identification ISIN: GB00B82YXW83
code
b) Nature of the Grant of performance share
transaction awards under the Vesuvius
Share Plan
---- ------------------------------ ------------------------------------
c) Price(s) and volume(s)
---- ---------------- ---------------
Price(s) Volume(s)
---- ---------------- ---------------
GBP6.045 18,118
---------------------------------------------------- ---------------
d) Aggregated information
----
- Aggregated volume 18,118
- Aggregated Price GBP6.045
- Aggregated Total GBP109,523
e) Date of the transaction 15 March 2018
---- ------------------------------ ------------------------------------
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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