26th Mar 2020 12:52
26 March 2020
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
The Persons Discharging Managerial Responsibility ("PDMRs") named below undertook the following transactions in ordinary shares of 4 329/395 pence ("Shares") in Aggreko plc (the "Company").
Following the vesting on 24 March 2020 of the award of Shares made to Chris Weston on 24 March 2017 under the Aggreko Deferred Share Bonus Plan, Chris acquired, on 24 March 2020, 6,863 Shares for nil consideration. These Shares comprised the 5,569 original award Shares and 1,294 additional dividend equivalent Shares.
Subsequently, on 25 March 2020, Chris Weston sold 3,231 Shares at £4.34 per Share to cover the tax liability and dealing costs arising on the vesting of the award.
The following disclosures are made in accordance with Article 19.3 of Regulation 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Chris Weston | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer
| ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Aggreko plc | ||||
b)
| LEI
| 2138003R7TGCSVF27H47 | ||||
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, type of instrument
Identification code
| Ordinary shares of 4 329/395 pence each ('Shares')
GB00BK1PTB77
| ||||
b)
| Nature of the transaction
| Acquisition of Shares following the vesting on 24 March 2020 of awards of Shares made under the Aggreko Deferred Share Bonus Plan on 24 March 2017. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
6,863
Nil
| ||||
e)
| Date of the transaction
| 24 March 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
5
| 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, type of instrument
Identification code
| Ordinary shares of 4 329/395 pence each ('Shares')
GB00BK1PTB77
| ||||
b)
| Nature of the transaction
| Sale of Shares on 25 March 2020 to satisfy the tax liability arising from a vesting of the awards of Shares made under the Aggreko Deferred Share Plan on 24 March 2017. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
3,231
£4.34 | ||||
e)
| Date of the transaction
| 25 March 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Related Shares:
AGK.L