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Director/PDMR Shareholding

11th Mar 2025 17:00

RNS Number : 2490A
Avon Technologies Plc
11 March 2025
 

11 March 2025

Avon Technologies plc

("the Company")

PDMRs' Interest in Shares

 

As previously disclosed, an award was granted under the Company's Long Term Incentive Plan to Rich Cashin on 8 March 2022 ('the Award'). The Award vested on 10 March at 46.145% based on the final assessment of the Award's performance conditions.

Set out below are the number of shares acquired by Rich Cashin, the number of shares sold to satisfy the tax and national insurance/social security liabilities, and the number of shares retained following the sale.

Number of shares acquired for nil cost (including those added in respect of dividend equivalent)

Number of shares sold to satisfy tax and national insurance/social security liabilities

Number of shares retained post sale

Rich Cashin

16,653

7,827

8,826

 

The following notification is intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulation. 

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

 Rich Cashin

2

Reason for the notification

a)

Position / status

Chief Financial Officer

 

b)

Initial notification /

amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Avon Technologies plc

b)

LEI

213800JM1AN62REBWA71

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

a)

Description of the

financial instrument

and ISIN Code

Ordinary £1 shares in Avon Technologies plc

 

GB0000667013

b)

Nature of the

transaction

Shares acquired on the exercise of a nil cost option and settlement of a conditional award as relevant pursuant to the vesting of Awards made under the Avon Protection Long Term Incentive Plan.

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

1) Nil

1) 16,653

d)

Aggregated Information

- Aggregated volume

- Aggregated price

- Aggregated total

 

 

 

Nil

Nil

e)

Date of the

transactions

All occurred on 2025-03-10

 

f)

Place of the

transaction

Outside of a trading venue.

 

 

 

1

Details of person discharging managerial responsibilities/person closely associated

a)

Name

Rich Cashin

2

Reason for the notification

a)

Position / status

Chief Financial Officer

 

b)

Initial notification /

amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Avon Technologies plc

b)

LEI

213800JM1AN62REBWA71

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

a)

Description of the

financial instrument

and ISIN Code

Ordinary £1 shares in Avon Technologies plc

 

GB0000667013

b)

Nature of the

transaction

Disposals to cover tax liability

c)

Price(s) and

volume(s)

 

Price(s)

Volume(s)

GBP 14.2145

7,827

d)

Aggregated Information

- Aggregated volume

- Aggregated price

- Aggregated total

 

 

 

7,827

GBP 14.2145

GBP 111,256.89

e)

Date of the

transactions

All occurred on 2025-03-10

 

f)

Place of the

transaction

London Stock Exchange (XLON)

 

 

 

LEI: 213800JM1AN62REBWA71Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.

Contact Information:

Avon Technologies plc

Zoe Holland, Company Secretary

 

01225 896800

 

 

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END
 
 
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