LONDON - In compliance with the EU Market Abuse Regulation, Avon Technologies plc has reported the acquisition of ordinary shares by key executives as part of the company’s Share Incentive Plan (SIP). The transactions took place on the London Stock Exchange (LON:LSEG) (XLON) on Monday.
The SIP, approved by HM Revenue and Customs, allows employees to purchase Avon Technologies plc shares using deductions from their monthly salary. On January 6, 2025, the company’s Chief Executive Officer, Jos Sclater, and Chief Financial Officer, Rich Cashin, both acquired 10 shares each at a price of GBP 14.87 per share, totaling GBP 148.70 for each transaction.
Additionally, Gabriella Colley, Director of Corporate Affairs, purchased 7 shares at the same price, with a total transaction value of GBP 104.09. These transactions reflect the ongoing participation of Avon’s management in the company’s equity through the SIP.
The reported transactions are in line with the requirements of the Companies Act 2006 and are disclosed under Article 19 of the EU Market Abuse Regulation. The company’s Legal Entity Identifier (LEI) is 213800JM1AN62REBWA71.
Avon Technologies has made this information public to ensure transparency regarding the dealings of its persons discharging managerial responsibilities. This statement is based on a press release issued by Avon Technologies plc.
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