11 March 2025
Avon Technologies plc
("the Company")
PDMRs' Interest in Shares
As previously disclosed, an award was granted under the Company's Long Term Incentive Plan to Rich Cashin on 8 March 2022 ('the Award'). The Award vested on 10 March at 46.145% based on the final assessment of the Award's performance conditions.
Set out below are the number of shares acquired by Rich Cashin, the number of shares sold to satisfy the tax and national insurance/social security liabilities, and the number of shares retained following the sale.
| Number of shares acquired for nil cost (including those added in respect of dividend equivalent) |
Number of shares sold to satisfy tax and national insurance/social security liabilities |
Number of shares retained post sale |
|
| Rich Cashin |
16,653 |
7,827 |
8,826 |
The following notification is intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulation.
| 1 |
Details of person discharging managerial responsibilities/person closely associated |
|||||
| a) |
Name |
Rich Cashin |
||||
| 2 |
Reason for the notification |
|||||
| a) |
Position / status |
Chief Financial Officer |
||||
| b) |
Initial notification / amendment |
Initial notification |
||||
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
| a) |
Name |
Avon Technologies 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 Technologies plc GB0000667013 |
||||
| b) |
Nature of the transaction |
Shares acquired on the exercise of a nil cost option and settlement of a conditional award as relevant pursuant to the vesting of Awards made under the Avon Protection Long Term Incentive Plan. |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregated Information - Aggregated volume - Aggregated price - Aggregated total |
Nil Nil |
||||
| e) |
Date of the transactions |
All occurred on 2025-03-10 |
||||
| f) |
Place of the transaction |
Outside of a trading venue. |
||||
| 1 |
Details of person discharging managerial responsibilities/person closely associated |
|||||
| a) |
Name |
Rich Cashin |
||||
| 2 |
Reason for the notification |
|||||
| a) |
Position / status |
Chief Financial Officer |
||||
| b) |
Initial notification / amendment |
Initial notification |
||||
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
| a) |
Name |
Avon Technologies 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 Technologies plc GB0000667013 |
||||
| b) |
Nature of the transaction |
Disposals to cover tax liability |
||||
| c) |
Price(s) and volume(s) |
|
||||
| d) |
Aggregated Information - Aggregated volume - Aggregated price - Aggregated total |
7,827 GBP 14.2145 GBP 111,256.89 |
||||
| e) |
Date of the transactions |
All occurred on 2025-03-10 |
||||
| f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
LEI: 213800JM1AN62REBWA71
Classification: Transactions by PDMRs under article 19 of the Market Abuse Regulation.
Contact Information:
Avon Technologies plc
| Zoe Holland, Company Secretary |
01225 896800 |