Business
Director/PDMR Shareholdings
Director/PDMR Shareholdings.
About this update from Avon Technologies Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9106K\n Avon Rubber PLC\n 07 January 2021\n \n \n \n \n 7 January 2021\n \n \n \n \n \n Avon Rubber p.l.c.\n \n \n ('the Company')\n \n \n Directors'/PDMR Shareholdings\n \n \n Share Incentive Plan\n \n \n The Company was notified on 5 January 2021 that the following purchases of Avon Rubber p.l.c. ordinary shares were made by Equiniti Share Plan Trustees Limited on 5 January 2021 on behalf of two of the Company's persons discharging managerial responsibilities ('PDMR') pursuant to the Company's Share Incentive Plan (SIP).\n \n \n The 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 Section 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.\n \n \n This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.\n \n \n The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.\n \n \n \n \n \n \n \n \n 1\n \n \n \n \n Details of person discharging managerial responsibilities/person closely associated\n \n \n \n \n \n \n a) \n \n \n \n \n Name\n \n \n \n \n Nicholas Keveth\n \n \n \n \n \n \n 2\n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n a) \n \n \n \n \n Position / status\n \n \n \n \n Chief Financial Officer\n \n \n \n \n \n \n b) \n \n \n \n \n Initial notification /\n \n \n amendment\n \n \n \n \n Initial notification \n \n \n \n \n \n \n \n \n \n 3\n \n \n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n \n \n \n \n a) \n \n \n \n \n Name\n \n \n \n \n Avon Rubber p.l.c.\n \n \n \n \n \n \n b) \n \n \n \n \n LEI\n \n \n \n \n 213800JM1AN62REBWA71\n \n \n \n \n \n \n 4\n \n \n \n \n Details of the transaction(s): section...