t
Avon Technologies plc announced that Equiniti Share Plan Trustees Limited purchased ordinary shares on behalf of three Persons Discharging Managerial Responsibilities (PDMRs). These acquisitions, made on 7 October 2024 under the Group's Share Incentive Plan, involved 12 shares each for Miles Ingrey-Counter, Rich Cashin, and Jos Sclater, at a price of GBP 12.49 per share.
| Date | 8 Oct 2024 |
| Time | 10:00:00 |
| Category | Director/PDMR dealings |
| ID | 3559H |
8 October 2024
Avon Technologies plc
("Avon" or "the Group")
Directors'/PDMR Shareholdings
Share Incentive Plan
Avon Technologies plc was notified on 7 October 2024 that the following purchases of Avon Technologies plc ordinary shares were made by Equiniti Share Plan Trustees Limited on 7 October 2024 on behalf of three of the Group's persons discharging managerial responsibilities ('PDMR') pursuant to the Group's Share Incentive Plan (SIP).
The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in Avon Technologies plc using deductions from salary in each monthly pay period.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.
The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
|
1 |
Details of person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Miles Ingrey-Counter |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position / status |
Company Secretary |
||||
|
b) |
Initial notification / amendment |
Initial notification
|
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Avon Technologies plc |
||||
|
b) |
LEI |
213800JM1AN62REBWA71 |
||||
|
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 and ISIN Code |
Ordinary £1 shares in Avon Technologies plc
GB0000667013 |
||||
|
b) |
Nature of the transaction |
Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated Information - Aggregated volume - Aggregated price - Aggregated total
|
12 GBP 12.49 GBP 149.88 |
||||
|
e) |
Date of the transaction |
2024-10-07
|
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON)
|
||||
|
1 |
Details of person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Rich Cashin |
||||
|
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 |
Avon Technologies plc |
||||
|
b) |
LEI |
213800JM1AN62REBWA71 |
||||
|
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 and ISIN Code |
Ordinary £1 shares in Avon Technologies plc
GB0000667013 |
||||
|
b) |
Nature of the transaction |
Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated Information - Aggregated volume - Aggregated price - Aggregated total
|
12 GBP 12.49 GBP 149.88 |
||||
|
e) |
Date of the transaction |
2024-10-07
|
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON)
|
||||
|
1 |
Details of person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Jos Sclater |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position / status |
Chief Executive Officer |
||||
|
b) |
Initial notification / amendment |
Initial notification
|
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Avon Technologies plc |
||||
|
b) |
LEI |
213800JM1AN62REBWA71 |
||||
|
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 and ISIN Code |
Ordinary £1 shares in Avon Technologies plc
GB0000667013 |
||||
|
b) |
Nature of the transaction |
Acquisition of shares in accordance with Avon's share incentive plan. Transaction by PDMR under article 19 of the Market Abuse Regulation.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated Information - Aggregated volume - Aggregated price - Aggregated total
|
12 GBP 12.49 GBP 149.88 |
||||
|
e) |
Date of the transaction |
2024-10-07
|
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON)
|
||||
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.
For further enquiries, please contact:
|
Avon Technologies plc |
|
|
Zoe Holland, Deputy Company Secretary and General Counsel |
+44 1225 896 848 |
About Avon Technologies plc:
We are a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise.
Our two brands, Avon Protection and Team Wendy, supply our respiratory and head protection portfolio to customers across the globe from our manufacturing sites in the UK and North America.
With over 900 talented people our shared purpose and core beliefs are to be #FIERCE about Protecting Lives. It's why we come to work - and it's what motivates us, every day, to do the best work we can.
For further information, please visit our website www.avon-technologiesplc.com