16th Mar 2022 17:11
Date: 16 March 2022
Meggitt PLC
(the "Company")
Director/PDMR shareholding
LTIP Grant
On 15 March 2022, the following awards were granted over ordinary shares of 5p each in Meggitt PLC and a cash settled award (together "the Awards") under the Meggitt 2014 Long Term Incentive Plan ("LTIP"). The awards were based on an award price of £7.5380 and both elements of the Awards will be released as soon as practicable after 15 March 2025.
Name | Restricted Share Award | Performance Share Award |
Tony Wood Chief Executive Director/PDMR | Award over shares 56,345 | Award over shares 112,691 |
Louisa Burdett Chief Financial Officer Director/PDMR | Award over shares 35,694 | Award over shares 71,388 |
Andrew Garard Group General Counsel and Director, Corporate Affairs PDMR | Award over shares 18,356 | Award over shares 36,713 |
Chris Allen President, Airframe Systems PDMR | Award over shares 18,356 | Award over shares 36,713 |
Troy Peterson President, Engine Systems PDMR | Cash settled award 16,606 | Cash settled award 33,212 |
Stewart Watson President, Services & Support PDMR | Award over shares 15,909 | Award over shares 31,818 |
Paul Devaux President, Energy & Equipment & Group Operations Director PDMR | Award over shares 15,613 | Award over shares 31,226 |
Hugh Clayton Group Director, Engineering & Strategy PDMR | Award over shares 18,461 | Award over shares 36,923 |
Geoff Lloyd Group HR Director PDMR | Award over shares 18,334 | Award over shares 36,668 |
Marina Thomas Group Company Secretary & EVP Ethics and Communications PDMR | Award over shares 12,237 | Award over shares 24,475 |
SIRP Grant
On 15 March 2022, the following awards were granted over ordinary shares of 5p each in Meggitt PLC and a cash settled award (together "the Awards") under the Share Incentive and Retention Plan ("SIRP"). The awards were based on an award price of £7.5380 and will be released as soon as practicable after 15 March 2024.
Name | Deferred bonus award |
Tony Wood Chief Executive Director/PDMR | Award over shares 15,788 |
Louisa Burdett Chief Financial Officer Director/PDMR | Award over shares 10,001 |
Andrew Garard Group General Counsel and Director, Corporate Affairs PDMR | Award over shares 4,848 |
Chris Allen President, Airframe Systems PDMR | Award over shares 4,848 |
Troy Peterson President, Engine Systems PDMR | Cash settled award 3,809 |
Stewart Watson President, Services & Support PDMR | Award over shares 3,649 |
Paul Devaux President, Energy & Equipment & Group Operations Director PDMR | Award over shares 3,581 |
Hugh Clayton Group Director, Engineering & Strategy PDMR | Award over shares 4,876 |
Geoff Lloyd Group HR Director PDMR | Award over shares 4,842 |
Marina Thomas Group Company Secretary & EVP Ethics and Communications PDMR | Award over shares 3,232 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||
a)
| Name | Tony Wood
| ||||||||
2
| Reason for the notification | |||||||||
a)
| Position/status
| Chief Executive, 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. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. Outside a trading venue | ||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||||
a)
| Name | Louisa Burdett
| ||||||||
2
| Reason for the notification | |||||||||
a)
| Position/status
| Chief Financial Officer, 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. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. Outside a trading venue | ||||||||
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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of cash settled award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of cash settled award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of cash settled award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. 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
| 1. Grant of award under the Meggitt 2014 Long Term Incentive Plan 2. Grant of award under the Meggitt 2014 Long Term Incentive Plan 3. Grant of award under the Share Incentive and Retention Plan | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a | ||||||||
e)
| Date of the transaction | All transactions took place on 15 March 2022 | ||||||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. Outside a trading venue 3. Outside a trading venue | ||||||||
Enquiries:
Meggitt PLC +44(0) 2476 826 900
Marina Thomas, Group Company Secretary ([email protected])
Katie Lewis, Deputy Company Secretary ([email protected])
Simon Grant, Assistant Company Secretary ([email protected])
Related Shares:
MGGT.L