9th Mar 2021 13:44
Date: 9 March 2021
Meggitt PLC
(the "Company")
Director/PDMR Shareholdings
LTIP Grant
On 5 March 2021, the following awards were granted over ordinary shares of 5p each in Meggitt PLC under the Meggitt 2014 Long Term Incentive Plan ("LTIP").
LTIP awards were based on an award price of £4.3324.
The performance element of the awards will be released as soon as practicable after 5 March 2024. One third of the restricted element of the awards will vest in 2022, a second third will vest in 2023 and the final third in 2024.
Name | Restricted Share Award | Performance Share Award |
Andrew Garard Group General Counsel and Director, Corporate Affairs PDMR | Award over shares 31,160 | Award over shares 62,321 |
Chris Allen President, Airframe Systems PDMR | Award over shares 31,160 | Award over shares 62,321 |
Troy Peterson President, Engine Systems PDMR | Award over shares 29,562 | Award over shares 59,125 |
Stewart Watson President, Services & Support PDMR | Award over shares 27,005 | Award over shares 54,011 |
Paul Devaux President, Energy & Equipment & Group Operations Director PDMR | Award over shares 22,134 | Award over shares 44,268 |
Hugh Clayton Group Director, Engineering & Strategy PDMR | Award over shares 31,338 | Award over shares 62,677 |
Geoff Lloyd Group HR Director PDMR | Award over shares 31,121 | Award over shares 62,243 |
Marina Thomas Group Company Secretary & EVP Ethics and Communications PDMR | Award over shares 20,773 | Award over shares 41,547 |
Nigel Rudd, Chairman/PDMR
On 8 March 2021, Sir Nigel Rudd, Chairman and PDMR of the Company transferred 100,000 shares from one nominee account to another. His total shareholding in the Company remains 250,000 ordinary shares of 5p each, 0.032% of the issued share capital.
Stewart Watson, President, Services & Support/ PDMR
On 9 March 2021, the following option over shares which had been granted to Mr Watson on the date indicated below under the Meggitt 2008 Sharesave Scheme reached maturity and the resulting shares were transferred to him.
Grant date | Shares under option | Option price |
11 September 2015 | 750 | £2.99843 |
As a result of the above transaction, Mr Watson's holding in the Company has increased to 48,065 ordinary shares of 5p each, 0.062% of the issued share capital.
Further details of the above transactions can be found in the notification of dealing forms below.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Andrew Garard
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Group General Counsel and Director, Corporate Affairs/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
93,481 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Chris Allen
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| President, Airframe Systems/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
93,481 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Troy Peterson
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| President, Engine Systems/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
88,687 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Stewart Watson
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| President, Services & Support/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
81,016 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Paul Devaux
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| President, Energy & Equipment & Group Operations Director/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
66,402 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Hugh Clayton
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Group Director, Engineering & Strategy/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
94,015 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Geoff Lloyd
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Group HR Director/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
93,364 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Marina Thomas
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Group Company Secretary & EVP Ethics and Communications/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
62,320 £4.3324 | ||||
e)
| Date of the transaction | 5 March 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Sir Nigel Rudd | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Chairman, Director/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Transfer from one nominee to another nominee | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
100,000 £0 | ||||
e)
| Date of the transaction | 8 March 2021 | ||||
f)
| Place of the transaction
| Off market transfer | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Stewart Watson | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| President, Services & Support/PDMR | ||||
b)
| Initial notification / Amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Meggitt PLC | ||||
b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
4
| Details of the transaction(s): | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
b)
| Nature of the transaction
| Exercise of option over shares granted under the Meggitt 2008 Sharesave Scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
750 £2.99843 | ||||
e)
| Date of the transaction | 9 March 2021 | ||||
f)
| Place of the transaction
| Off market transfer | ||||
Enquiries:
Meggitt PLC +44(0) 2476 826 900
Marina Thomas, Group Company Secretary ([email protected])
Katie Lewis, Senior Assistant Company Secretary ([email protected])
Simon Grant, Assistant Company Secretary ([email protected])
Related Shares:
MGGT.L