IMI PLC has announced that three of its key executives, Chief Executive Officer Roy Twite, Chief Financial Officer Daniel Shook, and Chief People Officer Elizabeth Rose, have purchased shares in the company through the IMI Employee Share Ownership Plan. Each executive acquired a different number of ordinary shares at a price of £17.895 on 9 July 2024, with the transactions taking place on the London Stock Exchange Main Market (XLON).
Roy Twite, the Chief Executive Officer, purchased 8 ordinary shares, while Daniel Shook, the Chief Financial Officer, acquired 7 ordinary shares, and Elizabeth Rose, the Chief People Officer, bought 9 ordinary shares. The transactions were made in accordance with the Market Abuse Regulation and were disclosed as initial notifications.
This move demonstrates the executives' confidence in the company's performance and future prospects, as well as their commitment to aligning their interests with those of the shareholders. It also reflects their belief in the long-term value and potential growth of IMI PLC. The purchases through the Employee Share Ownership Plan further reinforce the executives' dedication to the company's success and their belief in its strategic direction.
For further information, Fran Burge, Assistant Company Secretary, can be contacted for any inquiries related to these transactions.