Vesuvius plc Director/PDMR Shareholding (0423I)
March 16 2018 - 12:00PM
UK Regulatory
TIDMVSVS
RNS Number : 0423I
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 Long Term Incentive Share Awards
Vesuvius plc (the "Company") announces that on 15 March 2018,
performance share 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 Share Plan in the form indicated in the table below:
Name Maximum number of Shares Form of Award
under Award ("Award
Shares")
------------------- ------------------------- ----------------
Patrick André 173,697 Nil-cost Option
------------------- ------------------------- ----------------
Guy Young 86,848 Nil-cost Option
------------------- ------------------------- ----------------
Tanmay Ganguly 49,627 Nil-cost Option
------------------- ------------------------- ----------------
Roel van der 54,065 Conditional
Sluis Award
------------------- ------------------------- ----------------
Glenn Cowie 54,720 Conditional
Award
------------------- ------------------------- ----------------
The number of Award Shares set out above is the maximum number
which may vest under the Awards, normally following the third
anniversary of the award date. The actual number of Award Shares
which vest will depend upon the extent to which performance
conditions have been satisfied.
The performance conditions applicable to the 2018 Awards will be
based half on total shareholder return (TSR) performance and half
on earnings per share (EPS), as described in the Company's 2017
Annual Report.
The Vesuvius Share Plan was approved by shareholders at the
General Meeting on 26 November 2012.
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)
---- ---------------- ---------------
GBP6.045 173,697
---------------------------------------------------- ---------------
d) Aggregated information
----
- Aggregated volume 173,697
- Aggregated Price GBP6.045
- Aggregated Total GBP1,049,998
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 86,848
---------------------------------------------------- ---------------
d) Aggregated information
----
- Aggregated volume 86,848
- Aggregated Price GBP6.045
- Aggregated Total GBP524,996
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 Tanmay Ganguly
---- ------------------------------ --------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------
a) Position/status President Advanced Refractories
---- ------------------------------ --------------------------------------
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 49,627
----------------------------------------------------- ----------------
d) Aggregated information
----
- Aggregated volume 49,627
- Aggregated Price GBP6.045
- Aggregated Total GBP299,995
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 Roel van der Sluis
---- ------------------------------ ----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status President Flow Control
---- ------------------------------ ----------------------------------
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 a conditional
instrument, type award over Vesuvius plc 10
of instrument pence 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 54,065
--------------------------------------------------- --------------
d) Aggregated information
----
- Aggregated volume 54,065
- Aggregated Price GBP6.045
- Aggregated Total GBP326,823
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 Glenn Cowie
---- ------------------------------ ----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status President Foundry
---- ------------------------------ ----------------------------------
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 a conditional
instrument, type award over Vesuvius plc 10
of instrument pence 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 54,720
--------------------------------------------------- --------------
d) Aggregated information
----
- Aggregated volume 54,720
- Aggregated Price GBP6.045
- Aggregated Total GBP330,782
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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