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20 August 2025 16:01:02
- Source: Sharecast
20 August 2025
IMI PLC
(the "Company")
Notification of Transactions by a Person Discharging Managerial Responsibilities ("PDMR") and a Person Closely Associated ("PCA") with them
On 19 August 2025, a performance share award was granted under the terms of the IMI Incentive Plan to Luke Grant, Chief Financial Officer. On the same day, Luke's PCA, Ruth Grant (a previous employee of the Company), exercised an award made under the Restricted Stock Unit of the IMI Incentive Plan and subsequently sold a sufficient number of shares to cover tax liabilities and associated costs:
This notification relates to transactions notified in accordance with the Market Abuse Regulation, further details below:
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Luke Grant
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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 |
Grant of performance shares under the IMI Incentive Plan. No consideration is payable on the grant, vesting or exercise of the awards. |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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|
nil |
38,412 |
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d) |
Aggregated information · Aggregated volume · Price |
nil 38,412 |
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e) |
Date of the transaction |
19 August 2025 |
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f) |
Place of the transaction |
Outside of a trading venue |
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Ruth Grant
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2. |
Reason for the notification |
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a) |
Position/status |
Person Closely Associated with Luke Grant, 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) Exercise of Restricted Stock Unit ("RSU") as granted under the IMI Incentive Plan ii) Sale of Restricted Stock Unit as granted under the IMI Incentive Plan |
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c) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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i) |
nil |
572 |
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ii) |
£23.007 |
271 |
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d) |
Aggregated information · Aggregated volume · Price |
N/A |
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e) |
Date of the transaction |
19 August 2025 |
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f) |
Place of the transaction |
RSU 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
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