IMI PLC released a notification of transactions by Persons Discharging Managerial Responsibilities (PDMRs) and Persons Closely Associated with them. The Chief Executive Officer, Roy Twite, exercised a performance share award in respect of 121,157 shares under the 2021 IMI plc Incentive Plan, selling 57,067 shares to cover tax and dealing costs and retaining 64,090 shares. The Chief Financial Officer, Daniel Shook, sold 23,000 ordinary shares and exercised a performance share award in respect of 46,203 shares, selling 21,768 shares to cover costs and retaining 24,435 shares. Elizabeth Rose, the Chief People Officer, exercised Deferred Bonus Shares award in respect of 3,911 shares and a performance share award in respect of 19,890 shares, selling a portion of each to cover costs and retaining the rest. Jun Hu, CEO Automation, also conducted similar transactions.
All transactions took place on 26 March 2024, with shares exercised outside of the trading venue and shares sold on the London Stock Exchange Main Market (XLON). The prices for the shares sold were £18.1903. The transactions were notified in accordance with the Market Abuse Regulation. The details of the transactions, including the nature, volume, price, and place, were provided for each PDMR. The notification included the names of the PDMRs, their positions, and the issuer, IMI plc, along with the LEI (Legal Entity Identifier) for the company.