Avon Protection PLC PDMRs' Interest in Shares (8263W)
December 14 2023 - 5:00AM
UK Regulatory
TIDMAVON
RNS Number : 8263W
Avon Protection PLC
14 December 2023
14 December 2023
Avon Protection plc ("the Company")
PDMRs' Interest in Shares
2023 deferred bonus arrangements
A portion of the annual bonus payments due to Executive
Directors Jos Sclater and Rich Cashin in respect of the 2023
financial year were deferred into Company shares on the 12 December
2023. 25% of the annual bonus was subject to tax and national
insurance/social security and the net amount was used to purchase
Company shares. The shares are to be held for two years and are not
subject to the Company's shareholding guidelines.
The table below sets out the number of 2023 deferred bonus
shares held by the Executive Director and each PDMR following this
transaction.
1 Details of person discharging managerial responsibilities/person
closely associated
a) Name 1) Jos Sclater
2) Rich Cashin
------------------------------ ----------------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position / status 1) Chief Executive Officer
2) Chief Financial Officer
------------------------------ ----------------------------------------------------
b) Initial notification Initial notification
/
amendment
------------------------------ ----------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name Avon Protection plc
------------------------------ ----------------------------------------------------
b) LEI 213800JM1AN62REBWA71
------------------------------ ----------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been conducted
------------------------------------------------------------------------------------
a) Description of Ordinary GBP1 shares in Avon Protection
the plc
financial instrument
and ISIN Code GB0000667013
------------------------------ ----------------------------------------------------
b) Nature of the Acquisition of shares. 25% of the annual
transaction bonus payments for Executive Directors
was subjected to tax and national insurance/social
security and the net amount was used
to purchase Company shares. The shares
are to be held for two years and are
not subject to the Company's shareholding
guidelines.
------------------------------ ----------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 1) GBP 7.917822 1) 1,553
2) GBP 7.917822 2) 1,490
---------------
------------------------------ ----------------------------------------------------
d) N/A
* Aggregated volume
* Aggregated price
* Aggregated total
------------------------------ ----------------------------------------------------
e) Date of the All occurred on 2023-12-12
transactions
------------------------------ ----------------------------------------------------
f) Place of the London Stock Exchange (XLON)
transaction
------------------------------ ----------------------------------------------------
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the
Market Abuse Regulation.
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END
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