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Aggreko Plc Director's Dealing 2021

Mar 24, 2021

74738_rns_2021-03-24_3ea86ee3-127f-43c7-b3be-9562e4884bdd.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 3606T

Aggreko PLC

24 March 2021

24 March 2021

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The Persons Discharging Managerial Responsibility ("PDMRs") named below undertook the following transactions in ordinary shares of 4 329/395 pence ("Shares") in Aggreko plc (the "Company").

Deferred Share Bonus Plan vesting

Following the vesting on 23 March 2021 of an award of Shares made to the following PDMRs on 23 March 2018 under the Aggreko Deferred Share Bonus Plan (the "DSBP"), the following PDMRs undertook transactions in Shares in the Company.

On 23 March 2021, the following PDMRs acquired Shares for nil consideration, comprising the original award Shares and additional dividend equivalent Shares:

Name of PDMR Original

Award Shares
Dividend Equivalent Shares Total Award Shares Vesting
Chris Weston 24,540 1,645 26,185
Stephen Beynon 4,929 330 5,259
Dan Ibbetson 6,316 423 6,739
Grant Nairn 2,835 190 3,025
Bruce Pool 9,467 634 10,101

Subsequently, on 23 March 2021, the following PDMRs sold the number of Shares set out next to their respective names at ��8.80 per Share either to cover the tax liability and dealing costs arising on the vesting of the awards or as a result of an election to sell all the Shares as follows:

Name of PDMR Shares Sold Share Sale Price
Chris Weston 12,326 ��8.80
Stephen Beynon 2,476 ��8.80
Dan Ibbetson 6,739 ��8.80
Grant Nairn 3,025 ��8.80
Bruce Pool 10,101 ��8.80

The following disclosures are made in accordance with Article 19.3 of Regulation 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Chris Weston (Chief Executive Officer)

Stephen Beynon (Managing Director, Power Solutions)

Dan Ibbetson (Managing Director)

Grant Nairn (Chief Information Officer)

Bruce Pool (President - Rental Solutions)

2

Reason for the notification

a)

Position/status

As detailed in 1a) above

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Aggreko plc

b)

LEI

2138003R7TGCSVF27H47

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 4 329/395 pence each ('Shares')

GB00BK1PTB77

b)

Nature of the transaction

Acquisition of Shares following the vesting on 23 March 2021 of awards of Shares made under the Aggreko Deferred Share Bonus Plan on 23 March 2018.

c)

Price(s) and volume(s)

PDMR Price(s) Volume(s)
C Weston Nil 26,185
S Beynon Nil 5,259
D Ibbetson Nil 6,739
G Nairn Nil 3,025
B Pool Nil 10,101

d)

Aggregated information

- Aggregated volume

- Price

51,309

Nil

e)

Date of the transaction

23 March 2021

f)

Place of the transaction

London Stock Exchange

5

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 4 329/395 pence each ('Shares')

GB00BK1PTB77

b)

Nature of the transaction

Sale of Shares on 23 March 2021 to satisfy the tax liability and sale of some or all of the remaining Shares arising from a vesting of the awards of Shares made under the Aggreko Deferred Share Plan on 23 March 2018.

c)

Price(s) and volume(s)

PDMR Price(s) Volume(s)
C Weston ��8.80 12,326
S Beynon ��8.80 2,476
D Ibbetson ��8.80 6,739
G Nairn ��8.80 3,025
B Pool ��8.80 10,101

d)

Aggregated information

- Aggregated volume

- Price

34,667

��305,069.60

e)

Date of the transaction

23 March 2021

f)

Place of the transaction

London Stock Exchange

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END

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