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IMI plc announced that on March 30 and 31, 2026, several Persons Discharging Managerial Responsibilities (PDMRs) and Persons Closely Associated (PCAs) conducted share transactions. These individuals exercised 225,313 ordinary shares from various incentive plans at nil cost, and Luke Grant vested an additional 1,052 Restricted Stock Units at nil cost. A total of 98,806 ordinary shares were sold on the London Stock Exchange Main Market at prices ranging from £25.99 to £26.12, with 94,586 of these sales covering tax and dealing costs; Louise Waldek also transferred 3,900 ordinary shares to Haydon Waldek at nil cost.
| Date | 31 Mar 2026 |
| Time | 18:31:37 |
| Category | Director/PDMR dealings |
| ID | 9373Y |
31 March 2026
IMI plc
(the "Company")
Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Roy Twite |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Exercise of performance share award in respect of 110,659 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 52,120 shares to cover tax and dealing costs and 58,539 shares retained. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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nil |
110,659 shares exercised |
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£25.99 |
52,120 shares sold |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of transaction |
31 March 2026 |
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f) |
Place of transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Luke Grant |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
1. Exercise of performance share award in respect of 5,238 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 2,471 shares to cover tax and dealing costs and 2,767 shares retained.
2. Exercise of Deferred Bonus Shares award in respect of 2,089 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 985 shares to cover tax and dealing costs and 1,104 shares retained.
3. Vesting of Restricted Stock Unit as granted under the 2023 IMI plc Incentive Plan.
4. Sale of Restricted Stock Unit as granted under the 2023 IMI plc Incentive Plan.
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c) |
Price(s) and volume(s) |
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Price (s) |
Volume(s) |
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1. |
Nil £25.99 |
5,238 shares exercised 2,471 shares sold |
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2. |
Nil £25.99 |
2,089 shares exercised 985 shares sold |
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3. |
Nil |
1,052 shares vested |
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4. |
£25.99 |
496 shares sold |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
31 March 2026 |
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f) |
Place of the transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Ruth Grant |
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2. |
Reason for the notification |
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a) |
Position/status |
Person Closely Associated with Luke Grant, Chief Financial Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Exercise of performance share award in respect of 2,883 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 1,360 shares to cover tax and dealing costs and 1,523 shares retained.
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c) |
Price(s) and volume(s)
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Price(s) |
Volume(s) |
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nil |
2,883 shares exercised |
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£25.99 |
1,360 shares sold |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
31 March 2026 |
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f) |
Place of the transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Jun Hu |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Operating Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Exercise of performance share award in respect of 43,737 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 8,552 shares to cover tax and dealing costs and 35,185 shares retained.
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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nil |
43,737 Shares exercised |
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£25.99 |
8,552 Shares sold |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
31 March 2026 |
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f) |
Place of the transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Elizabeth Rose |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief People Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
1. Exercise of performance share award in respect of 28,827 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 13,581 shares to cover tax and dealing costs and 15,246 shares retained.
2. Exercise of Deferred Bonus Shares award in respect of 5,729 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 2,699 shares to cover tax and dealing costs and 3,030 shares retained. |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1 |
Nil £25.99 |
28,827 shares exercised 13,581 shares sold |
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2 |
Nil £25.99 |
5,729 shares exercised 2,699 shares sold |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
31 March 2026 |
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f) |
Place of the transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Louise Waldek |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Legal Officer and Company Secretary |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|||
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
1. Exercise of performance share award in respect of 21,593 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 10,174 shares to cover tax and dealing costs and 11,419 shares retained.
2. Exercise of Deferred Bonus Shares award in respect of 4,558 shares vesting under the 2023 IMI plc Incentive Plan (nil cost option). Sale of 2,148 shares to cover tax and dealing costs and 2,410 shares retained.
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1. |
Nil £25.99 |
21,593 shares exercised 10,174 shares sold |
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2. |
Nil £25.99 |
4,558 shares exercised 2,148 shares sold |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
31 March 2026 |
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f) |
Place of the transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||
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a) |
Name |
Louise Waldek |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Legal Officer and Company Secretary |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Sale of ordinary shares
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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|
£26.08 |
320 |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
30 March 2026 |
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f) |
Place of the transaction |
London Stock Exchange Main Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Louise Waldek |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Legal Officer and Company Secretary |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
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a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|||
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a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Transfer of shares to her husband Haydon Waldek (being a person closely associated)
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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£0.00 |
3,900 |
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d) |
Aggregated information · Aggregated volume · Price |
N/A single transaction |
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e) |
Date of the transaction |
30 March 2026 |
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f) |
Place of the transaction |
Outside a trading venue |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Haydon Waldek |
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2. |
Reason for the notification |
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a) |
Position/status |
Person Closely Associated with Louise Waldek, Chief Legal Officer & Company Secretary |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
|
a) |
Name |
IMI plc |
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b) |
LEI |
2138002W9Q21PF751R30 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|||
|
a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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b) |
Nature of the transaction |
Sale of ordinary shares
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c) |
Price(s) and volume(s)
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Price(s) |
Volume(s) |
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|
£26.12 |
3,900 |
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d) |
Aggregated information · Aggregated volume · Price |
As above |
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e) |
Date of the transaction |
30 March 2026 |
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f) |
Place of the transaction |
London Stock Exchange Main Market (XLON) |
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For further information, please contact:
Louise Waldek
Company Secretary
Telephone: 0121 717 3700