Essentra PLC, a leading global provider of essential components and solutions, has announced the granting of a total of 586,940 options over ordinary shares of 25 pence each on 17 May 2024, under the Company's Sharesave Scheme. This includes a total of 20,814 options granted to PDMRs, encouraging wider employee share ownership of the Company. The options are exercisable after three years at an exercise price of 151.5 pence, representing a 15 per cent discount to the closing price on 19 April 2024.
The PDMRs who received the share options include Scott Fawcett, Chief Executive, who was granted 4,897 shares, Jack Clarke, Chief Financial Officer, who received 12,244 shares, and Emma Reid, Company Secretary, who was granted 3,673 shares.
The details of the transaction, including the nature of the transaction, price, volume, and date, have been disclosed in accordance with the Market Abuse Regulation. The transaction took place on the London Stock Exchange (XLON) on 17 May 2024.
For further information, enquiries can be directed to Emma Reid, Company Secretary, at T: 01908 359100.