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DGAP-DD: Linde plc english


Linde plc: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
11.03.2020 / 12:00
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 Dr. Christian Bruch
2 Reason for the notification
a) Position/status Executive VP Engineering
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
Share Options ('Options')
Restricted Stock Units ('RSUs')
Performance Share Units ('PSUs')

International Securities Identification Number (ISIN): IE00BZ12WP82

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

Ticker Symbol: LIN
b) Nature of the transactions Grant of Options
The grant of 28,695 Options of Linde plc which shall vest over three years in three consecutive equal annual installments beginning on 09 March 2021.

Grant of RSUs
The grant of 2,360 RSUs of Linde plc which shall vest in full and payout in Linde plc Ordinary Shares on a one-for-one basis on or about 09 March 2023, subject to certain conditions having been fulfilled.

Acquisition of Return on Capital ('ROC') PSUs
The acquisition of 3,450 ROC PSUs of Linde plc pursuant to the Amended and Restated 2009 Praxair, Inc. Long Term Incentive Plan, as assumed by Linde plc (the 'LTIP Plan').

Acquisition of Total Shareholder Return ('TSR') PSUs
The acquisition of 1,915 TSR PSUs of Linde plc pursuant to the LTIP Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
    Grant of Options
    US$0.00 28,695
    Grant of RSUs
    US$0.00 2,360
    Acquisition of ROC PSUs
    US$0.00 3,450
    Acquisition of TSR PSUs
    US$0.00 1,915
d) Aggregated information Price Aggregated volume
    N/A N/A
e) Dates of the transactions 09 March 2020
f) Place of the transactions Outside of trading venue
g) Additional Information Any unexercised Options shall expire on 09 March 2030. The Exercise price in respect of each Option is US$173.13

The 3,450 ROC PSUs and 1,915 TSR PSUs will payout in accordance with the LTIP Plan.


11.03.2020 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


 
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