14 March 2025
IMI plc
(the "Company")
Notification of Transaction by Person Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
| 1. |
Details of the person discharging managerial responsibilities/person closely associated |
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| a) |
Name |
Roy Twite |
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| 2. |
Reason for the notification |
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| a) |
Position/status |
Chief Executive Officer |
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| b) |
Initial notification/ Amendment |
Initial Notification |
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
IMI plc |
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| b) |
LEI |
2138002W9Q21PF751R30 |
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| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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| a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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| b) |
Nature of the transaction |
Exercise of performance share award in respect of 104,580 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 49,259 shares to cover tax and dealing costs and 55,321 shares retained. |
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| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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| nil |
104,580 shares exercised |
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| £ 19.6157 |
49,259 shares sold |
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| d) |
Aggregated information · Aggregated volume · Price |
As above |
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| e) |
Date of transaction |
13 March 2025 |
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| f) |
Place of transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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| 1. |
Details of the person discharging managerial responsibilities/person closely associated |
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| a) |
Name |
Daniel Shook |
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| 2. |
Reason for the notification |
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| a) |
Position/status |
Chief Financial Officer |
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| b) |
Initial notification/ Amendment |
Initial Notification |
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
IMI plc |
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| b) |
LEI |
2138002W9Q21PF751R30 |
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| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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| a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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| b) |
Nature of the transaction |
i) Sale of 22,000 ordinary shares ii) Exercise of performance share award in respect of 41,799 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 19,693 shares to cover tax and dealing costs and 22,106 shares retained. |
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| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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| i) |
£19 .859500 |
22,000 shares sold |
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| ii) |
nil |
41,799 shares exercised |
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| £ 19.6157 |
19,693 shares sold |
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| d) |
Aggregated information · Aggregated volume · Price |
As above |
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| e) |
Date of transaction |
i) 12 March 2025 ii) 13 March 2025 |
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| f) |
Place of transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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| 1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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| a) |
Name |
Elizabeth Rose |
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| 2. |
Reason for the notification |
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| a) |
Position/status |
Chief People Officer |
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| b) |
Initial notification/ Amendment |
Initial Notification |
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
IMI plc |
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| b) |
LEI |
2138002W9Q21PF751R30 |
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| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|||||||||
| a) |
Description of the financial instrument, type of instrument |
Ordinary share |
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| b) |
Nature of the transaction |
i) Exercise of Deferred Bonus Shares award in respect of 11,625 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 5,478 shares to cover tax and dealing costs and 6,147 shares retained. ii) Exercise of performance share award in respect of 18,161 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 8,558 shares to cover tax and dealing costs and 9,603 shares retained. |
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| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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| i) |
nil |
11,625 shares exercised |
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| £ 19.6157 |
5,478 shares sold |
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| ii) |
nil |
18,161 shares exercised |
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| £ 19.6157 |
9,603 shares sold |
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| d) |
Aggregated information · Aggregated volume · Price |
As above |
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| e) |
Date of transaction |
13 March 2025 |
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| f) |
Place of transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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| 1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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| a) |
Name |
Jun Hu |
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| 2. |
Reason for the notification |
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| a) |
Position/status |
Chief Operating Officer |
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| b) |
Initial notification/ Amendment |
Initial Notification |
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
IMI plc |
||
| b) |
LEI |
2138002W9Q21PF751R30 |
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| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
|||
| a) |
Description of the financial instrument, type of instrument |
Ordinary share |
||
| b) |
Nature of the transaction |
Exercise of performance share award in respect of 37,683 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 10,354 shares to cover tax and dealing costs and 27,329 shares retained. |
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| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
| nil |
37,683 shares exercised |
|||
| £ 19.6157 |
10,354 shares sold |
|||
| d) |
Aggregated information · Aggregated volume · Price |
As above |
||
| e) |
Date of transaction |
13 March 2025 |
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| f) |
Place of transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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| 1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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| a) |
Name |
Louise Waldek |
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| 2. |
Reason for the notification |
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| a) |
Position/status |
Chief Legal & Risk Officer and Company Secretary |
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| b) |
Initial notification/ Amendment |
Initial Notification |
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
IMI plc |
|||
| b) |
LEI |
2138002W9Q21PF751R30 |
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| 4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
||||
| a) |
Description of the financial instrument, type of instrument |
Ordinary share |
|||
| b) |
Nature of the transaction |
i) Exercise of Deferred Bonus Shares award in respect of 3,984 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 1,878 shares to cover tax and dealing costs and 2,106 shares retained. ii) Exercise of performance share award in respect of 14,307 shares vesting under the 2022 IMI plc Incentive Plan (nil cost option). Sale of 6,744 shares to cover tax and dealing costs and 7,563 shares retained. |
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| c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
||
| i) |
nil |
3,984 shares exercised |
|||
| £ 19.6157 |
1,878 shares sold |
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| ii) |
nil |
14,307 shares exercised |
|||
| £ 19.6157 |
6,744 shares sold |
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| d) |
Aggregated information · Aggregated volume · Price |
As above |
|||
| e) |
Date of transaction |
13 March 2025 |
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| f) |
Place of transaction |
Shares exercised outside of trading venue Shares sold on London Stock Exchange Main Market (XLON) |
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For further information, please contact:
Fran Burge
Deputy Company Secretary
Telephone: 0121 717 3700