DGAP-DD: Linde plc english

2019. április 30., kedd, 11:30








Linde plc: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them


30.04.2019 / 11:30



The issuer is solely responsible for the content of this announcement.



Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them


[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]

















































































1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Mr. Sanjiv Lamba
2 Reason for the notification
a) Position/status Executive VP APAC Gases
b) Initial Notification Amendment Initial notification

 
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Linde public limited company
b) LEI 8945002PAZHZLBGKGF02
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
Stock Options ("Options")

Restricted Stock Units ("RSUs")


International Securities Identification Number (ISIN): IE00BZ12WP82


German Securities Identification Number (Wertpapierkennnummer, WKN): A2D SYC


Ticker Symbol: LIN
b) Nature of the transactions Grants of Options

The grant of 6,754 Options of Linde plc which shall vest on various dates.

Grants of RSUs

The grant of 1,330 RSUs of Linde plc which shall vest in full and payout in Linde plc Ordinary Shares on a one-for-one basis on various dates, subject to certain conditions having been fulfilled.
c) Price(s) and volume(s) Price(s) Volume(s)
    Grant of Options ("Transaction 1")
    US$0.00 862 Options
    Grant of Options ("Transaction 2")
    US$0.00 3,052 Options
  Grant of Options ("Transaction 3")
  US$0.00 2,840 Options
Grant of RSUs ("Transaction 4")
US$0.00 142 RSUs
Grant of RSUs ("Transaction 5")
US$0.00 502 RSUs
Grant of RSUs ("Transaction 6")
US$0.00 686 RSUs
d) Aggregated information Price Aggregated volume
    N/A N/A
e) Date of the transactions 24 April 2019
f) Place of the transactions Outside of trading venue
g) Additional Information RSUs and Options have been granted pursuant to the Business Combination Agreement among Praxair, Inc., Linde AG, Linde plc and certain of their affiliates, dated 1 June 2017, as amended (the "BCA"). The RSUs and Options replace certain previously granted equity awards granted by Linde AG that were terminated in connection with the closing of the Business Combination of Praxair, Inc. and Linde AG that occurred on 31 October 2018. A more detailed explanation of these RSU and Option replacement awards is discussed in the Linde plc Registration Statement on Form S-4 (Amendment No. 4) filed with the SEC on 11 August 2017 under the section titled "The Business Combination - Interests of Directors, Board Members and Executive Officers in the Business Combination - Linde AG - Treatment of Equity Awards" on pages 183-187.

Transaction 1

These Options shall become exercisable on 1 June 2019. Any unexercised Options shall expire on 1 June 2020. The exercise price in respect of each Option is US$1.92.

Transaction 2

These Options shall become exercisable on 1 June 2020. Any unexercised Options shall expire on 1 June 2021. The exercise price in respect of each Option is US$1.92.

Transaction 3

These Options shall become exercisable on 7 June 2021. Any unexercised Options shall expire on 7 June 2022. The exercise price in respect of each Option is US$1.92.

Transaction 4

These RSUs will vest in full and payout on or about 1 June 2019.

Transaction 5

These RSUs will vest in full and payout on or about 1 June 2020.

Transaction 6

These RSUs will vest in full and payout on or about 7 June 2021.














30.04.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de













Language: English
Company: Linde plc

The Priestley Centre, 10 Priestley Road

GU2 7XY Guildford

United Kingdom
Internet: www.linde.com





 
End of News DGAP News Service




50695  30.04.2019 


Tilos a hír bármilyen adatbázisba történő mentése vagy annak továbbítása harmadik fél számára;kereskedelmi viszonylatban vagy kereskedelmi céllal csak a Deutsche Gesellschaft für Ad-hoc-Publizität mbh írásos engedélyével történhet.