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IMI

-0.39%
NEUTRAL

IMI plc Announces Director/PDMR Shareholding

Why we think this is neutral

This RNS announcement is related to director/PDMR shareholding and does not contain any of the mandatory news types that would require a more detailed analysis. The announcement is informational in nature and does not provide any significant updates on the company's financial performance or operations.

Key Points

  • Award of free shares under the IMI Employee Share Ownership Plan to the CEO, CFO, Chief People Officer, and Chief Legal & Risk Officer/Company Secretary
  • Shares awarded at a price of £16.706875 per share

Summary

The engineering company announces transactions by its directors and other PDMRs under the employee share ownership plan.

IMI plc has announced transactions by its directors and other Persons Discharging Managerial Responsibilities (PDMRs) in the company's ordinary shares. The transactions involve the award of free shares under the IMI Employee Share Ownership Plan, an all-employee scheme that allows eligible UK employees to receive shares up to a maximum value of £3,600.

DIRECTOR DEALINGS