9th Apr 2021 15:00
Date: 9 April 2021
Meggitt PLC
(the "Company")
Director/PDMR Shareholdings
Awards granted on 3 April 2018 under the 2014 Long Term Incentive Plan ("LTIP") vested on 6 April 2021. In each case participants sold enough shares to cover tax and costs and retained the balance shares. All participants, except Mr Allen and Mr Peterson, retained the remainder in their vested share account in the Meggitt Employees' Share Ownership Plan Trust. Mr Allen transferred the reminder to his spouse's (Julia Allen) brokerage account and Mr Peterson transferred the remainder to his brokerage account.
Director/PDMR
|
Shares under award
|
Shares sold to cover tax and costs at £4.8701
|
Shares retained
|
Total shareholding as a result of transaction
|
Total shareholding as a percentage of issued share capital
|
Paul Devaux
| 4,096 | 1,150 | 2,946 |
43,511 |
0.0056 |
Chris Allen
| 11,653 | 5,488 | 6,165 |
321,387 |
0.0411 |
Hugh Clayton
| 12,517 | 5,895 | 6,622 | 13,549 | 0.0017 |
Marina Thomas
| 4,114 | 1,938 | 2,176 | 45,741 | 0.0059 |
Stewart Watson
| 9,339 | 4,399 | 4,940 |
67,435 |
0.0086 |
Troy Peterson
| 4,973 | 2,048 | 2,925 |
2,925 |
0.0004 |
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 and 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
| 1. Exercise of nil cost option under the 2014 Long Term Incentive Plan 2. Sale of shares resulting from exercise to cover tax and costs | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||
e)
| Date of the transaction | All transactions took place on 6 April 2021 | ||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON | ||||||
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
| 1. Exercise of nil cost option under the 2014 Long Term Incentive Plan 2. Sale of shares resulting from exercise to cover tax and costs 3. Transfer of shares to spouse's (Julia Allen) brokerage account | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | 1 and 2 took place on 6 April 2021 and 3 was instructed on 6 April 2021 | ||||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON 3. Outside trading venue | ||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Julia Allen | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Person closely associated with Chris Allen, 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
| 1. Acquire shares from Chris Allen | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||
e)
| Date of the transaction | The transaction was instructed on 6 April 2021 | ||||
f)
| Place of the transaction
| 1. Outside 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
| 1. Exercise of nil cost option under the 2014 Long Term Incentive Plan 2. Sale of shares resulting from exercise to cover tax and costs | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||
e)
| Date of the transaction | All transactions took place on 6 April 2021 | ||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON | ||||||
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
| 1. Exercise of nil cost option under the 2014 Long Term Incentive Plan 2. Sale of shares resulting from exercise to cover tax and costs | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||
e)
| Date of the transaction | All transactions took place on 6 April 2021 | ||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON | ||||||
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
| 1. Exercise of nil cost option under the 2014 Long Term Incentive Plan 2. Sale of shares resulting from exercise to cover tax and costs | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||
e)
| Date of the transaction | All transactions took place on 6 April 2021 | ||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON | ||||||
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
| 1. Exercise of nil cost option under the 2014 Long Term Incentive Plan 2. Sale of shares resulting from exercise to cover tax and costs 3. Transfer of shares to brokerage account | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | 1 and 2 took place on 6 April 2021 and 3 was instructed on 6 April 2021 | ||||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON 3. Outside trading venue | ||||||||
Enquiries:
Meggitt PLC
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