12th Mar 2021 16:59
Date: 12 March 2021
Meggitt PLC
("the Company")
Director/PDMR Shareholdings
Stewart Watson, President, Services & Support (PDMR)
On 10 March 2021, Stewart Watson exercised awards under the Meggitt Long Term Incentive Plan and sold some of the resulting shares to cover his tax liability and transaction costs:
Scheme | Grant Date | Number of shares Exercised | Total shares sold at £4.5791 | Total shares retained |
LTIP | 07 April 2017 | 54,432 | 40,034 | 14,398 |
Meggitt Share Incentive Plan
The Company has been notified that on 10 March 2021 the Trustee of the Meggitt PLC Share Incentive Plan (EES Trustees Limited) purchased ordinary shares of 5p each on the London Stock Exchange at a price of £4.7105 for each of the Directors/PDMR listed below.
Name and position | Number of shares purchased | Total shareholding as a result of transaction | Total shareholding as a percentage of issued share capital |
Tony Wood Chief Executive (director/PDMR)
| 32 | 43,391 | 0.0056% |
Chris Allen President, Airframe Systems (PDMR)
| 31 | 315,222 | 0.0403% |
Stewart Watson President, Services & Support (PDMR)
| 32 | 62,495* | 0.0080% |
Hugh Clayton Group Director, Engineering & Strategy (PDMR)
| 31 | 6,927 | 0.0009% |
*Includes the 14,398 shares obtained from the LTIP noted above.
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 options under the Meggitt Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
54,432 £0 | ||||
e)
| Date of the transaction | 10 March 2021 | ||||
f)
| Place of the transaction
| Outside trading venue (exercise) |
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
| Sale of shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
40,034 £4.5791 | ||||
e)
| Date of the transaction | 10 March 2021 | ||||
f)
| Place of the transaction
| London Stock Exchange - XLON (sale) |
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
| Purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
32 £4.7105 | ||||
e)
| Date of the transaction | 10 March 2021 | ||||
f)
| Place of the transaction
| 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
| Purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
31 £4.7105 | ||||
e)
| Date of the transaction | 10 March 2021 | ||||
f)
| Place of the transaction
| 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
| Purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
32 £4.7105 | ||||
e)
| Date of the transaction | 10 March 2021 | ||||
f)
| Place of the transaction
| London Stock Exchange - XLON |
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
| Purchase | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
31 £4.7105 | ||||
e)
| Date of the transaction | 10 March 2021 | ||||
f)
| Place of the transaction
| London Stock Exchange - XLON |
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