Date: 9 September 2022
Meggitt PLC
(the "Company")
Director/PDMR Shareholding
The Company announces that outstanding share awards granted under the Meggitt Share Incentive and Retention Plan vested on 9 September 2022. Awards vested as a result of the Court sanction of the Scheme of Arrangement, as announced on 9 September 2022, pursuant to which the acquisition of the entire issued share capital of the Company by Parker Hannifin Corporation ("Parker"), at a price of 800 pence per share, will be implemented. Accordingly, the executive directors and other Persons Discharging Managerial Responsibility ("PDMRs") listed below became the beneficial owners of ordinary shares of 5p each in the Company ("Shares") as shown. Such Shares will be transferred to Parker pursuant to the Scheme of Arrangement in the same manner as applies to Shares held by all other Company shareholders.
Tony Wood - Chief Executive Officer, director/PDMR
| Award | Shares vesting | Total shareholding as a result of transaction | Total shareholding as a percentage of issued share capital |
| 2022 Deferred Bonus Award | 15,788 | 362,790 | 0.0463% |
Louisa Burdett - Chief Financial Officer, director/PDMR
| 2022 Deferred Bonus Award | 10,001 | 111,814 | 0.0143% |
Andrew Garard - Group General Counsel and Director, Corporate Affairs, PDMR
| 2022 Deferred Bonus Award | 4,848 | 55,911 | 0.0071% |
Chris Allen - President, Airframe Systems, PDMR
| 2022 Deferred Bonus Award | 4,848 | 388,085 | 0.0495% |
Rob Hartman - Interim President, Engine Systems, PDMR
| 2021 Special Award | 22,632 | 31,669 | 0.0040% |
Paul Devaux - President, Energy & Equipment and Group Operations Director,
PDMR
| 2022 Deferred Bonus Award | 3,581 | 108,342 | 0.0138% |
Stewart Watson - President, Services & Support, PDMR
| 2022 Deferred Bonus Award | 3,649 | 124,735 | 0.0159% |
Hugh Clayton - Group Director, Engineering & Strategy, PDMR
| 2022 Deferred Bonus Award | 4,876 | 121,827 | 0.0155% |
Geoff Lloyd - Group HR Director, PDMR
| 2022 Deferred Bonus Award | 4,842 | 68,770 | 0.0088% |
Marina Thomas - Group Company Secretary & EVP Ethics and Communications, PDMR
| 2022 Deferred Bonus Award | 3,232 | 88,864 | 0.0113% |
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Tony Wood | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Chief Executive, director/PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
15,788 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Louisa Burdett | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Chief Financial Officer, director/PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
10,001 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Andrew Garard | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Group General Counsel and Director, Corporate Affairs, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
4,848 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Chris Allen | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| President, Airframe Systems, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
4,848 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Rob Hartman | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Interim President, Engine Systems, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2021 Special Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
22,632 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Paul Devaux | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| President, Energy & Equipment and Group Operations Director, PDMR
| ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
3,581 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Stewart Watson | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| President, Services & Support, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
3,649 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Hugh Clayton | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Group Director, Engineering & Strategy, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
4,876 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Geoff Lloyd | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Group HR Director, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
4,842 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Marina Thomas | ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Group Company Secretary & EVP Ethics and Communications, PDMR | ||||
| b)
| Initial notification / Amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Meggitt PLC | ||||
| b)
| LEI
| YMFO3TKB4UAWQTDZJJ31
| ||||
| 4
| Details of the transaction(s): | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 5p each
GB0005758098 | ||||
| b)
| Nature of the transaction
| Automatic vesting of 2022 Deferred Bonus Award under the Share Incentive and Retention Plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume - Price |
3,232 £0.0000 | ||||
| e)
| Date of the transaction | 9 September 2022 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
Enquiries:
Meggitt PLC
Marina Thomas, Group Company Secretary (marina.thomas@meggitt.com)
Katie Lewis, Deputy Company Secretary (katie.lewis@meggitt.com)
Simon Grant, Assistant Company Secretary (simon.r.grant@meggitt.com)
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