Director/PDMR Shareholding
Porvair plc has announced director shareholdings, with CEO Hooman Caman Javvi acquiring 7,034 ordinary shares for £58,620.54, increasing his total holding to 12,735 shares, or 0.03% of issued capital. Group Finance Director James Mills exercised options for 90,350 shares at £0.02 each and subsequently sold 37,000 shares for £8.10 each, resulting in a net increase of 53,350 shares to his holding, now totalling 69,390 shares, approximately 0.15% of the company's issued share capital. Additionally, 1,152 ordinary shares were issued under the SAYE scheme.
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Porvair, the specialist filtration and environmental technologies group, announces it has been informed of the following transactions by Directors of the Company:
Purchase of ordinary shares
Hooman Caman Javvi, Chief Executive Officer, purchased 7,034 ordinary shares of 2 pence each in the Company ("Ordinary Shares").
Following this transaction, Hooman Caman Javvi's holding in the Company is 12,735 Ordinary Shares, representing 0.03% of the Company's issued share capital.
Exercise of options and sale of ordinary shares
James Mills, Group Finance Director, exercised options over 90,350 Ordinary Shares, as set out below
| Scheme | Year of grant | Exercise price | Options exercised |
|---|---|---|---|
| LTSP | 2021 | 2.0p | 46,200 |
| LTSP | 2022 | 2.0p | 44,150 |
Subsequent to the above exercise of options, James Mills sold 37,000 Ordinary Shares to, in part, meet the cost of exercise of options, the personal taxation liabilities arising on the options, and certain other liabilities.
Following these dealings, James Mills' holding in the Company increased by 53,350 Ordinary Shares to 69,390 Ordinary Shares, representing approximately 0.15% of the Company's issued share capital.
LTSP and SAYE options
Separate to the PDMR dealing noted above, on 24 February 2026, the Company issued 1,152 Ordinary Shares in relation to an early exercise on the SAYE scheme granted in 2021.
Following these transactions, the total number of LTSP and SAYE options in issue is 741,541, representing approximately 1.6% of the shares in issue.
| a. | Name | Hooman Caman Javvi | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | CEO | ||||
| b. | Initial notification /Amendment | Initial notification | ||||
| a. | Name | Porvair plc | ||||
| b. | LEI | 213800ECKHS8LAQO3C45 | ||||
| b. | Nature of the transaction | Acquisition of Ordinary Shares | ||||
| c. | Price(s) and volume(s) | Price(s) Volume(s) 1 £8.360 5,934 2 £8.193 1,100 | ||||
| d. | Aggregated information · Aggregated volume · Price | 7,034 Ordinary Shares £58,620.54 | ||||
| f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | James Mills | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Group Finance Director | ||||
| b. | Initial notification /Amendment | Initial notification | ||||
| a. | Name | Porvair plc | ||||
| b. | LEI | 213800ECKHS8LAQO3C45 | ||||
| b. | Nature of the transaction | Exercise of options over Ordinary Shares | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information · Aggregated volume · Price | n/a - single transaction | ||||
| f. | Place of the transaction | Outside a trading venue | ||||
| b. | Nature of the transaction | Sale of Ordinary Shares | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information · Aggregated volume · Price | n/a - single transaction | ||||
| f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.