TIDMROR

RNS Number : 2234G

Rotork PLC

02 November 2018

Director/PDMR Shareholding

Rotork plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 0.5p shares undertaken by persons discharging managerial responsibility.

Award of 49,366 nil cost options to Kathy Callaghan, Group Human Resources Director under the rules of the Rotork Long Term Share Incentive Plan (2010). A participant will normally be entitled to exercise their award and receive shares three years from grant subject to performance conditions and conintued employment. The vesting of the award will depend on total shareholder return, earnings per share and return on capital (economic profit) performance over a three year.

The notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name 
                                            Kathy Callaghan 
      ---------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                    PDMR (Group Human Resources Director) 
      ---------------------------------  -------------------------------------------- 
 b)    Initial notification               Initial notification 
        /Amendment 
      ---------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
 a)    Name                               Rotork plc 
      ---------------------------------  -------------------------------------------- 
 b)    LEI                                213800AH5RZIHGWRJ718 
      ---------------------------------  -------------------------------------------- 
 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                 Ordinary 0.5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                ISIN GB00BVFNZH21 
 
 b)    Nature of the transaction          Acquisition of an interest arising 
                                           from award of nil cost options under 
                                           the rules of the Rotork Long Term 
                                           Share Incentive Plan (2010). 
      ---------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                          --------------------------  ------------- 
                                           Price(s)                    Volume(s) 
                                          --------------------------  ------------- 
    NIL consideration                                                  49,366 
   -----------------------------------------------------------------  ------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                n/a (single transaction) 
 
  - Price 
 
 e)    Date of the transaction            2018-11-01 (GMT) 
      ---------------------------------  -------------------------------------------- 
 f)    Place of the transaction           Outside a trading venue 
      ---------------------------------  -------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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November 02, 2018 10:10 ET (14:10 GMT)

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