REG - Spectris PLC - Director/PDMR Shareholding

SpectrisAnnouncement

12/04/2021 11:05

RNS Number : 1454V
  
Spectris PLC
  
12 April 2021
  
 

Spectris plc: Director/PDMR Shareholding
 
Spectris Share Incentive Plan ("SIP") Acquisition of Partnership Shares and Award of Matching Shares
 
This notification relates to the acquisition and award of shares under the terms of the SIP by persons discharging managerial responsibilities ("PDMRs"). It is made under Article 19.1 of the EU Market Abuse Regulation 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").
 
On 12 April 2021, Equiniti Share Plan Trustees Limited, trustees of the SIP, notified Spectris plc (the "Company") that, on 9 April 2021, a total of 8 ordinary 5p shares ("Partnership Shares") were purchased on behalf of the Company's PDMRs at a price of 3,406.6666 pence per share. Under the terms of the SIP, a total of 2 ordinary 5p shares ("Matching Shares") were awarded to the PDMRs on the same date for nil consideration. Full details are provided below:
 



Name


Number of Partnership Shares purchased






Number of Matching Shares awarded






Total number of shares held within the SIP




Derek Harding


4






1






172




Andrew Heath


4






1






219



 
Under the terms of the SIP, each eligible participating employee can purchase Partnership Shares using monthly contributions deducted from salary, and the Company awards one Matching Share for every five Partnership Shares purchased by participating employees.
 
The forms required under the EU Market Abuse Regulations follow:
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Derek Harding, Chief Financial Officer




2


Reason for the notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial Notification




3


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




a)


Name


Spectris plc




b)


LEI


213800Z4CO2CZO3M3T10




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 5p each




GB0003308607




b)


Nature of the transaction


Acquisition of Partnership Shares and award of Matching Shares under the SIP, an HMRC tax-advantaged all-employee share plan.




c)


Price(s) and volume(s)


Price (s)


Volume(s)




£34.066666


4 Partnership Shares




£nil


1 Matching Share




d)


Aggregated information


Aggregated Volume


5




Total Aggregate Price


£136.27




e)


Date of the transaction


9 April 2021




f)


Place of the transaction


London Stock Exchange:  LON










 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Andrew Heath, Chief Executive




2


Reason for the notification




a)


Position/status


Director/PDMR




b)


Initial notification/Amendment


Initial Notification




3


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




a)


Name


Spectris plc




b)


LEI


213800Z4CO2CZO3M3T10




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 5p each




GB0003308607




b)


Nature of the transaction


Acquisition of Partnership Shares and award of Matching Shares under the SIP, an HMRC tax-advantaged all-employee share plan.




c)


Price(s) and volume(s)


Price (s)


Volume(s)




£34.066666


4 Partnership Shares




£nil


1 Matching Share




d)


Aggregated information


Aggregated Volume


5




Total Aggregate Price


£136.27




e)


Date of the transaction


9 April 2021




f)


Place of the transaction


London Stock Exchange:  LON










 
Name of contact and telephone number for queries:
 
Carlie Sawyer
Group Share Plan Executive
01784 485 339
 
For and on behalf of Spectris plc 
 
LEI Number: 213800Z4CO2CZO3M3T10
 
Date: 12 April 2021

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