Business
Director/PDMR Shareholding - SIP
Director/PDMR Shareholding - SIP.
About this update from Avon Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 6591G Avon Rubber PLC 10 June 2013 \n \n\nAvon Rubber p.l.c\n10 June 2013\n \nAvon Rubber p.l.c.\nDirectors'/PDMR Shareholdings - SIP\nAvon Rubber p.l.c. was notified on 5 June 2013 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Killik & Co Trustees Limited on 5 June 2013 on behalf of the Company's executive directors and persons discharging managerial responsibilities pursuant to the Company's Share Incentive Plan (SIP).\nThe SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period. \n \n\n\n\n\n \n\n\nNumber of Partnership Shares acquired under the SIP\n\n\nPercentage of issued share capital acquired\n\n\nPrice Per Share\n\n\nBeneficial Interest in shares following this notification\n\n\nPercentage of issued share capital\n\n\n\n\nExecutive Directors\n\n\n\n\nPeter Slabbert\n\n\n27\n\n\n0.0001\n\n\n£4.59\n\n\n167,036\n\n\n0.544\n\n\n\n\nAndrew Lewis\n\n\n27\n\n\n0.0001\n\n\n£4.59\n\n\n100,416\n\n\n0.327\n\n\n\n\nPDMRs\n\n\n\n\nMiles Ingrey-Counter\n\n\n27\n\n\n0.0001\n\n\n£4.59\n\n\n34,332\n\n\n0.112\n\n\n\n\n \nThe figure reported since December 2012 for Mr Ingrey-Counter's beneficial interest in shares was incorrect by 1,000 shares and has been corrected in the figure above. \nSection 85(1) of the Financial Services and Markets Act 2000 (FSMA 2000) provides that it is unlawful to offer transferable securities to the public unless an approved prospectus has been made available. The total consideration for the securities being offered is less than €5,000,000 therefore the Company will fall within the exemption at paragraph 9(1) of Schedule 11A of FSMA 2000.\nThis notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.\n \n \n \n \n \n \n\nThis information is provided by R...