REG - Spectris PLC - Director/PDMR Shareholding
RNS Number : 7241BSpectris PLC10 June 2019Spectris plc: Director/PDMR Shareholding
Spectris Share Incentive Plan ("SIP") Acquisition of Partnership Shares and Award of Matching Shares
This notification made under Article 19.1 of the EU Market Abuse Regulation 596/2014 ("MAR") relates to the acquisition and award of shares under the terms of the SIP by persons discharging managerial responsibilities ("PDMRs").
On 10 June 2019, Equiniti Share Plan Trustees Limited, trustees of the SIP, notified Spectris plc (the "Company") that, on 7 June 2019, a total of 12 ordinary 5p shares ("Partnership Shares") were purchased on behalf of the Company's PDMRs at a price of 2,561.67 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
6
1
20
Andrew Heath
6
1
64
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) e ach 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
GB0003308607b)
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)
£25.6167
6 Partnership Shares
£nil
1 Matching Share
d)
Aggregated information
Aggregated Volume
7
Total Aggregate Price
£153.70
e)
Date of the transaction
7 June 2019
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) e ach 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
GB0003308607b)
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)
£25.6167
6 Partnership Shares
£nil
1 Matching Share
d)
Aggregated information
Aggregated Volume
7
Total Aggregate Price
£153.70
e)
Date of the transaction
7 June 2019
f)
Place of the transaction
London Stock Exchange: LON
Name of contact and telephone number for queries:
Carlie Sawyer
Group Reward Executive
01784 486 852
For and on behalf of Spectris plc
LEI Number: 213800Z4CO2CZO3M3T10
Date: 10 June 2019
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHGGUPWQUPBGCU
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