14th Sep 2021 12:17
Date: 14 September 2021
Meggitt PLC
(the "Company")
Director/PDMR Shareholdings
LTIP Grant
On 13 September 2021, the following awards were granted over ordinary shares of 5p each in Meggitt PLC under the Meggitt 2014 Long Term Incentive Plan ("LTIP").
LTIP awards were based on an award price of £7.5452.
The performance element of the awards will be released as soon as practicable after 13 September 2024 and one third of the restricted element of the awards will vest in 2022, a second third will vest in 2023 and the final third in 2024.
Name | Restricted Share Award | Performance Share Award |
Paul Devaux President, Energy & Equipment & Group Operations Director PDMR | Award over shares 10,442 | Award over shares 20,883 |
Further details of the above transactions can be found in the notification of dealing forms below.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Paul Devaux
| ||||
2
| Reason for the notification | |||||
a)
| Position/status
| President, Energy & Equipment & Group Operations 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
| Grant of award under the Meggitt 2014 Long Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price |
31,325 £7.5452 | ||||
e)
| Date of the transaction | 13 September 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Enquiries:
Meggitt PLC +44(0) 2476 826 900
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