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Porvair plc was notified on November 30, 2022, that its CEO, Ben Stocks, exercised SAYE share options to purchase 7,537 ordinary shares on November 29, 2022, at a price of £3.98 per share. Following this transaction, Ben Stocks' total holding in Porvair plc increased to 528,022 ordinary shares. This represents 1.1% of the Company's issued share capital.
| Date | 1 Dec 2022 |
| Time | 16:00:06 |
| Category | Director/PDMR dealings |
| ID | 3166I |
1 December 2022
Porvair plc ("Porvair" or the "Company")
Director's Shareholding
The Company was notified on 30 November 2022 of the following purchase on 29 November 2022 by Ben Stocks of ordinary shares of 2 pence each ("Ordinary Shares") in the Company pursuant to the exercise of SAYE share options.
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Director |
Transaction |
Price |
Number |
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Ben Stocks |
Exercise of SAYE share options |
£3.98 |
7,537 |
Following this dealing, Ben Stocks' holding in the Company increased to 528,022 Ordinary Shares, representing 1.1 per cent. of the Company's issued share capital.
For further information, please contact:
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Porvair plc |
01553 765 500 |
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Chris Tyler, Company Secretary |
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Notes to Editors
Porvair is a group of specialist filtration, laboratory and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a. |
Name |
Ben Stocks |
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2. |
Reason for the notification |
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a. |
Position/status |
CEO |
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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 |
Porvair plc |
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b. |
LEI |
213800ECKHS8LAQO3C45 |
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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; and (iv) each place where transactions have been conducted |
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a. |
Description of the Financial instrument, type of instrument Identification code |
Ordinary shares of 2p
GB0006963689 |
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b. |
Nature of the transaction |
Exercise of SAYE share options
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information · Aggregated volume · Price
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As above |
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e. |
Date of the transaction |
29 November 2022 |
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f. |
Place of the transaction |
Outside of a trading platform
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