RNS Number : 9063T
Porvair PLC
22 March 2023
 

For immediate release                                                                      22 March 2023

 

Description: porvair logo

 

Grant of SAYE Options

 

Porvair plc ("Porvair", the "Group" or the "Company"), the specialist filtration and environmental technologies group, announces that on 22 March 2023 it granted options under the Group's Save As You Earn scheme ("SAYE") including to James Mills.

 Grant of SAYE options

Options under the SAYE were granted to PDMRs as follows:

 

Director

Position

Options awarded under the SAYE scheme

Grant date

Vesting date

Minimum holding period

Total options held, including SAYE options

James Mills

CFO

5,836

22 March 2023

1 June 2028

None

153,256

 

These options were granted at 514 pence per share and have no performance conditions.

 

Following this grant the total number of LTSP and SAYE options in issue is 935,092, representing approximately 2.0% of the shares in issue.

 

For further information, please contact:




Chris Tyler, Group Company Secretary


01553 765 500

 

Notes to editors

 

Porvair plc

Porvair is a group of specialist filtration, laboratory and environmental technology businesses.  Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets.  It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.



 

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a.  

Name

James Mills

2.  

Reason for the notification

a.  

Position/status

CFO

b.  

Initial notification

/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.  

Name

Porvair plc

b.  

LEI

213800ECKHS8LAQO3C45

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

Financial instrument, type

of instrument

Identification code

Options over Ordinary Shares of 2 pence under the Porvair plc Save As You Earn Scheme

 

GB0006963689

b.  

Nature of the transaction

 

Grant of options

 

c.  

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

5.14

5,836

d.  

Aggregated information

·      Aggregated volume

·      Price

 

 

As above

e.  

Date of the transaction

2023-03-22

f.   

Place of the transaction

Outside a trading venue

 

 

 

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