REG - Spectris PLC - Director/PDMR Shareholding

SpectrisAnnouncement

19/03/2025 17:00

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RNS Number : 3588B  Spectris PLC  19 March 2025

Spectris plc: Director/PDMR Shareholding

 

This notification made under Article 19 of the Market Abuse Regulation (EU)
596/2014 as it forms part of domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR").

 

On 18 March 2025, Spectris plc (the "Company") was notified that on the same
day,

Andrew Heath, Chief Executive, and Derek Harding, President, Spectris
Scientific acquired 18,730 and 12,104 ordinary shares of 5p each ("Ordinary
Shares") in the Company respectively following the exercise of options granted
under the terms of the Spectris Deferred Bonus Plan ("DBP") on 17 March 2022.

 

Of the 18,730 Ordinary Shares acquired by Mr Heath, 8,848 were sold to fund
the option cost and the income tax / national insurance liability at a sale
price of £25.3180 and the remaining 9,882 Ordinary Shares were retained and
immediately transferred into a nominee account on his behalf.

 

Of the 12,104 Ordinary Shares acquired by Mr Harding, 5,719 were sold to fund
the option cost and the income tax / national insurance liability at a sale
price of £25.3180 and the remaining 6,385 Ordinary Shares were retained and
immediately transferred into a nominee account on his behalf.

 

 

The forms for this transaction, as required under MAR, follows:

 

 1   Details of the persons discharging managerial responsibilities
 a)  Name(s)                                                      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  Ordinary shares of 5p each

     Identification code                                          GB0003308607

 

 

 b)  Nature of the transaction  (i)   Exercise of options over 18,730 Ordinary Shares under the terms of the
                                DBP granted on 17 March 2022.

                                (ii)   Subsequent sale of 8,848 Ordinary Shares to cover option cost and
                                income tax / national Insurance liabilities arising on exercise.

                                (iii)  Transfer of remining 9,882 Ordinary Shares into a nominee account on
                                Mr Heath's behalf.

 c)  Price(s) and volume(s)     Price(s)                     Volume(s)
     (i)   Acquisition

     £0.05                                                                                17

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                                (ii)   Sale

                                £25.3180                     8,848
                                (iii)  Transfer

                                £nil                         9,882
 d)  Aggregated information     (i)   Acquisition

                                Price per share                                           £0.0465
                                Volume                                                    18,730
                                Price                                                     £870.35
                                (ii)   Sale
                                Price per share                                           £25.3180
                                Volume                                                    8,848
                                Price                                                     £224,014.07
                                (iii)  Transfer

                                Price per share                                           £0.0000
                                Volume                                                    9,882
                                Price                                                     £0.00
 e)  Date of the transaction    18 March 2025

 f)  Place of the transaction   Outside of a trading venue

 

 1   Details of the persons discharging managerial responsibilities
 a)  Name(s)                                                      Derek Harding, President Spectris Scientific
 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
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 5p each

     Identification code                                          GB0003308607
 b)  Nature of the transaction                                    (i)   Exercise of options over 12,104 Ordinary Shares under the terms of the
                                                                  DBP granted on 17 March 2022.

                                                                  (ii)   Subsequent sale of 5,719 Ordinary Shares to cover option cost and
                                                                  income tax / national Insurance liabilities arising on exercise.

                                                                  (iii)  Transfer of remaining 6,385 Ordinary Shares into a nominee account on
                                                                  Mr Harding's behalf.

 c)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)
     (i)   Acquisition

     £0.05                                                                                                  11,249 (Share Award granted as a nominal cost option under the terms of the

                                                                                                      DBP)

                                                                                                      855 (Dividend equivalent shares awarded in lieu of dividend accrual on nominal
     £0.00                                                                                                  cost option)

                                                                  (ii)   Sale

                                                                  £25.3180                                  5,719
                                                                  (iii)  Transfer

                                                                  £nil                                      6,385

 

 d)  Aggregated information    (iv)  Acquisition

     Price per share                            £0.0465
     Volume                                     12,104
                               Price            £562.45
                               (v)  Sale
                               Price per share  £25.3180
                               Volume           5,719
                               Price            £144,793.91
                               (vi)  Transfer

                               Price per share  £0.0000
                               Volume           6,385
                               Price            £0.00
 e)  Date of the transaction   18 March 2025

 f)  Place of the transaction  Outside of a trading venue

 

 

 

 

 

 

Name of contact and telephone number for queries:

 

Stephanie Dyer

Group Reward Executive

07386 686 720

 

For and on behalf of Spectris plc

 

LEI Number: 213800Z4CO2CZO3M3T10

 

Date: 19 March 2025

 

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