TIDMROR

RNS Number : 5269G

Rotork PLC

17 March 2020

Director/PDMR Shareholding

Rotork plc ("the Company") announces that awards under the Rotork plc Deferred Annual Bonus Plan (the "Plan") were granted with effect from 3 March 2020 to Kevin Hostetler (Chief Executive) and Jonathan Davis (Group Finance Director).

These awards were granted under the Company's annual bonus scheme for 2019. This required these individuals to defer any bonus awarded in excess of 60% of the maximum into Rotork plc 0.5p ordinary shares for three years. The awards were granted as conditional shares which will automatically vest on the third anniversary of grant.

The notifications set out below are povided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

 
 1     Details of the person discharging managerial responsibilities 
        / closely associated person 
 a)    Name 
                                                  Kevin George Hostetler 
      ---------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                          PDMR - 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                                     Rotork plc 
      ---------------------------------------  ---------------------------------------------- 
 b)    LEI                                      213800AH5RZIHGWRJ718 
      ---------------------------------------  ---------------------------------------------- 
 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                       Ordinary 0.5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN GB00BVFNZH21 
 
 b)    Nature of the transaction                Grant of conditional Rotork plc ordinary 
                                                 0.5p shares under the Rotork plc 
                                                 Deferred Annual Bonus Plan 
      ---------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  --------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  --------------------- 
                                                 279.9p                              59,362 
                                                --------------------  --------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction                  17/03/2020 (GMT) 
      ---------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / closely associated person 
 a)    Name 
                                                  Jonathan Mark Davis 
      ---------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                          PDMR - Group Finance Director 
      ---------------------------------------  ---------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------- 
 a)    Name                                     Rotork plc 
      ---------------------------------------  ---------------------------------------------- 
 b)    LEI                                      213800AH5RZIHGWRJ718 
      ---------------------------------------  ---------------------------------------------- 
 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                       Ordinary 0.5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN GB00BVFNZH21 
 
 b)    Nature of the transaction                Grant of conditional Rotork plc ordinary 
                                                 0.5p shares under the Rotork plc 
                                                 Deferred Annual Bonus Plan 
      ---------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  --------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  --------------------- 
                                                 279.9p                              26,744 
                                                --------------------  --------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction                  17/03/2020 (GMT) 
      ---------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  ---------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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March 17, 2020 13:07 ET (17:07 GMT)

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