IMI PLC has released a notification of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them. The first PDMR mentioned is Jun Hu, the CEO of Automation. Hu exercised 28,996 shares under the 2019 Restricted Stock Unit as granted under the IMI Incentive Plan. He also sold 5,267 shares to cover tax and dealing costs and retained 23,729 shares. The transaction took place on 18 December 2023, with the shares exercised outside of the trading venue and the shares sold on the London Stock Exchange Main Market (XLON).
The second PDMR mentioned is Elizabeth Rose, the Chief People Officer. Rose exercised an award in respect of 2,700 shares vested under the 2014 IMI Share Option Plan, which was satisfied with shares held in an employee trust. She also sold 2,565 shares to cover options costs, tax, and dealing costs and retained 135 shares. The transaction took place on 18 December 2023, with the shares exercised outside of the trading venue and the shares sold on the London Stock Exchange Main Market (XLON).
No further information or contact details were provided in the news release.