10th Mar 2022 08:36
Date: 10 March 2022
Meggitt PLC
(the "Company")
Director/PDMR shareholding
On 9 March 2022, Mr Wood and Mr Clayton exercised their 2017 nil cost options, granted under the Meggitt 2014 Long Term Incentive Plan, that were due to expire on 7 April 2022. Both Mr Wood and Mr Clayton sold enough shares to cover tax and costs and transferred the remainder to their vested share accounts in the Meggitt Employees' Share Ownership Plan Trust.
Director/PDMR
|
Shares under award
|
Shares sold to cover tax and costs at £7.5240
|
Shares retained
|
Total shareholding as a result of transaction
|
Total shareholding as a percentage of issued share capital
|
Tony Wood
| 142,837 | 67,268 | 75,569 |
214,356 |
0.0274 |
Hugh Clayton
| 73,676 | 34,698 | 38,978 |
72,576 |
0.0093 |
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. Acquisition of shares via exercise of 2017 nil cost option under the Meggitt 2014 Long Term Incentive Plan 2. Sale of shares to cover tax and costs | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a
| ||||||
e)
| Date of the transaction | All transactions took place on 9 March 2022 | ||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. 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
| 1. Acquisition of shares via exercise of 2017 nil cost option under the Meggitt 2014 Long Term Incentive Plan 2. Sale of shares to cover tax and costs | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
n/a
| ||||||
e)
| Date of the transaction | All transactions took place on 9 March 2022 | ||||||
f)
| Place of the transaction
| 1. Outside trading venue 2. London Stock Exchange - XLON | ||||||
Enquiries:
Meggitt PLC
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