Business
Director's Shareholding and Issue of Equity
Director's Shareholding and Issue of Equity.
About this update from Porvair Plc
[{"type":"text","content":"\n \nRNS Number : 5355T Porvair PLC 13 October 2017 \n\nFOR IMMEDIATE RELEASE 13 October 2017\n \n \nPorvair plc (\"Porvair\" or the \"Company\")\nDirector's Shareholding and Issue of Equity\nThe Company was notified on 11 October 2017 of the following exercise of Save As You Earn options (\"SAYE\") over ordinary shares of 2 pence each in the Company (\"Ordinary Shares\").\n\n\n\n\nDirector\n\n\nScheme\n\n\nYear of grant\n\n\nExercise price\n\n\nOptions exercised \n\n\n\n\nBen Stocks\n\n\nSAYE\n\n\n2014\n\n\n240p\n\n\n7,500\n\n\n\n\nOn the same day, the Company was notified that Ben Stocks, Group CEO had sold the following Ordinary Shares arising from the exercise. \n\n\n\n\nDirector\n\n\nTransaction\n\n\n\n\n\nPrice\n\n\nNumber\n\n\n\n\nBen Stocks\n\n\nSale\n\n\n\n\n\n489p\n\n\n7,500\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFollowing these dealings, Ben Stocks's holding in the Company remains at 698,078 Ordinary Shares, representing approximately 1.5 per cent. of the Company's issued share capital. \nArising from exercises of options relating to the SAYE scheme, the Company has issued 114,390 new Ordinary shares. The Company currently has 45,635,925 Ordinary Shares in issue. There are no Ordinary Shares held in treasury. Therefore, as at today's date, the total number of voting rights in the Company is 45,635,925. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules. \nFor further information, please contact:\n\n\n\n\nPorvair plc\n\n\n01553 765 500\n\n\n\n\nChris Tyler, Group Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nNotes to Editors\nPorvair is a group of specialist filtration and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration p...