BUNZL PLC recently released a notification of transactions by persons discharging managerial responsibilities. The individuals involved include Frank van Zanten, Richard Howes, Andrew Mooney, Diana Breeze, Suzanne Jefferies, James McCool, Alberto Grau, and Andrew Tedbury, holding various positions within the company. The transactions involved the grant of awards at nil cost under the Bunzl Deferred Annual Share Bonus Scheme and the Bunzl Long Term Incentive Plan (2014).
The transactions included the acquisition of ordinary shares of 32 1/7 pence each and the subsequent sale of a portion of the acquired shares to cover costs, including tax and dealing costs. The transactions took place outside of a trading venue, with the date of the transaction being March 1, 2024. The individuals involved in the transactions increased their shareholdings through these activities.
The transactions were conducted under the Bunzl Deferred Annual Share Bonus Scheme and the Bunzl Long Term Incentive Plan (2014). The shares were acquired at nil cost following the exercise of an award granted in 2021, and the subsequent sale of a portion of the shares was carried out to cover the costs of exercise, including tax and dealing costs. The transactions took place on the London Stock Exchange, Main Market (XLON).
Overall, the notification provides detailed information about the transactions involving the acquisition and subsequent sale of shares by persons discharging managerial responsibilities at BUNZL PLC. These transactions were conducted in accordance with the company's share bonus schemes and incentive plans, and the individuals involved increased their shareholdings through these activities.