RS1 Rs Group Plc

TIDMECM

RNS Number : 7627R

Electrocomponents PLC

01 July 2020

ELECTROCOMPONENTS PLC

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

Electrocomponents plc (the 'Company') announces that David Egan, Chief Financial Officer, has been awarded 8,930 ordinary shares of 10 pence each in the capital of the Company (the 'Shares') at nil cost (the 'Award of Shares') on Monday, 29 June 2020. 4,210 Shares were sold at 664.00 pence per Share on Tuesday, 30 June 2020 to cover David's tax liabilities and sales costs. David retains the remaining shares.

The value of the Award of Shares reflects the uplift in David's base remuneration for the performance of additional duties and responsibilities that he undertook in the three month period commencing November 2019 during Lindsley Ruth's, Chief Executive Officer, absence from the business. Further details are set out in the 2020 Annual Report and Accounts.

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Ian Haslegrave

Company Secretary

1 July 2020

LEI: 549300KVXDURRKVW7R37

 
 1      Details of the person discharging managerial responsibilities 
  .      / person closely associated 
 a)     Name                         David Egan 
       ---------------------------  ---------------------------------------------- 
 2.     Reason for the notification 
       --------------------------------------------------------------------------- 
 a)     Position/status              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                         Electrocomponents plc 
       ---------------------------  ---------------------------------------------- 
 b)     LEI                          549300KVXDURRKVW7R37 
       ---------------------------  ---------------------------------------------- 
 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 the            10 pence ordinary shares 
        financial instrument, 
        type of instrument 
 
       Identification code           GB0003096442 
 
 b)    Nature of the transaction     Award of Shares 
      ----------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                        ---------------  --------------- 
                                         Price(s)         Volume(s) 
                                        ---------------  --------------- 
                                         Nil              8,930 
                                        ---------------  --------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                8,930 
 
       - Price                       Nil 
 
 e)    Date of the transaction       2020-06-29 
      ----------------------------  ---------------------------------------------- 
 f)    Place of the transaction      Outside a trading venue 
      ----------------------------  ---------------------------------------------- 
 5.    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 the            10 pence ordinary shares 
        financial instrument, 
        type of instrument 
 
       Identification code           GB0003096442 
 
 b)    Nature of the transaction     Sale of shares to cover tax liabilities 
                                      and sale costs. 
      ----------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                        ---------------  --------------- 
                                         Price(s)         Volume(s) 
                                        ---------------  --------------- 
                                         GBP 6.64         4,210 
                                        ---------------  --------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                4,210 
 
  - Price                            GBP 27,954.40 
 
 e)    Date of the transaction       2020-06-30 
      ----------------------------  ---------------------------------------------- 
 f)    Place of the transaction      London Stock Exchange 
                                      XLON 
      ----------------------------  ---------------------------------------------- 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHSSEFIFESSESW

(END) Dow Jones Newswires

July 01, 2020 11:03 ET (15:03 GMT)

Rs (LSE:RS1)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Rs (LSE:RS1)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024