29th Sep 2015 14:18
GKN PLC - Director/PDMR ShareholdingGKN PLC - Director/PDMR Shareholding
PR Newswire
London, September 29
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs) AND CONNECTED PERSONS
GKN plc (the ‘Company’) has a sponsored Level 1 American Depositary Receipt (ADR) facility in the United States, with each ADR representing one GKN ordinary share of 10p each in the issued share capital of the Company. GKN's ADRs are traded on the US over-the-counter market.
On 28 September 2015, the Company was notified that the Cummings Family Trust, a trust in which Kevin Cummings, a PDMR of the Company, is a beneficiary acquired GKN plc sponsored ADRs.
| PDMR | Date and place acquired | ADRs acquired | Purchase price per ADR |
| Kevin Cummings | 23 September 2015, USA | 10,000 | $4.18 |
PDMR’s Interests
As a result of the above transaction, Kevin Cummings’ beneficial interest in GKN securities is as follows:
| PDMR | No. of ordinary shares | No. of ADRs | Total beneficial interest in GKN shares (including ADRs) as % of issued share capital (excluding treasury shares) |
| Kevin Cummings | 142,994 | 10,000 | 0.0089% |
This announcement is made in accordance with DTR 3.1.4R.
Related Shares:
GKN PLC