29 July 2024
Avon Protection plc
("Avon" or "the Group")
PDMR Shareholdings
Employee Stock Purchase Plan
Avon Protection plc was notified on 25 July 2024 that the below purchase of Avon Protection plc ordinary shares were made by Equiniti Share Plan Trustees Limited on 25 July 2024 on behalf of two of the Group's persons discharging managerial responsibilities ('PDMR') under the Group's Employee Stock Purchase Plan (ESPP).
The ESPP is an employee stock purchase plan available to eligible US employees of the Group's US subsidiaries. Under the ESPP, the Group offers US employees the opportunity to buy or subscribe for shares out of their post-tax salary at a discounted price of no less than 85% market value.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and the requirements of the EU Market Abuse Regulation.
The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
| 1 | Details of person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Paul Hamilton | ||||
| 2 | Reason for the notification | |||||
| a) | Position / status | President - Operational Excellence & Continuous Improvement | ||||
| b) | Initial notification /amendment | Initial notification
| ||||
| 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 the financial instrument and ISIN Code | Ordinary £1 shares in Avon Protection plc GB0000667013 | ||||
| b) | Nature of the transaction | Acquisition of shares in accordance with Avon's Employee Stock Purchase Plan. Transaction by PDMR under article 19 of the Market Abuse Regulation. | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated Information - Aggregated volume - Aggregated price - Aggregated total
|
107 GBP 12.82 GBP 1371.74 | ||||
| e) | Date of the transaction | 2024-25-07 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | James Wilcox | ||||
| 2 | Reason for the notification | |||||
| a) | Position / status | President - Team Wendy | ||||
| b) | Initial notification /amendment | Initial notification
| ||||
| 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 the financial instrument and ISIN Code | Ordinary £1 shares in Avon Protection plc GB0000667013 | ||||
| b) | Nature of the transaction | Acquisition of shares in accordance with Avon's Employee Stock Purchase Plan. Transaction by PDMR under article 19 of the Market Abuse Regulation. | ||||
| c) | Price(s) and volume(s)
|
| ||||
| d) | Aggregated Information - Aggregated volume - Aggregated price - Aggregated total
|
210 GBP 12.82 GBP 2692.20 | ||||
| e) | Date of the transaction | 2024-25-07 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.
For further enquiries, please contact:
| Avon Protection plc | |
| Zoe Holland, Deputy Company Secretary and General Counsel | +44 1225 896 848 |
About Avon Protection plc:
We are a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise.
Our two brands, Avon Protection and Team Wendy, supply our respiratory and head protection portfolio to customers across the globe from our manufacturing sites in the UK and North America.
With over 900 talented people our shared purpose and core beliefs are to be #FIERCE about Protecting Lives. It's why we come to work - and it's what motivates us, every day, to do the best work we can.
For further information, please visit our website www.avon-protection-plc.com
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