REG - Spectris PLC - Director/PDMR Shareholding
RNS Number : 5590HSpectris PLC25 March 2020Spectris plc: Director/PDMR Shareholding
This notification is made under Article 19(1) of the EU Market Abuse Regulation 596/2014 ('MAR').
Spectris plc ('the Company') has been notified by Andrew Heath, Chief Executive, that he has today acquired 1,089 ordinary shares at a price of 2298 pence per share. This purchase was made pursuant to an irrevocable instruction dated 29 February 2020 to purchase shares to the value of £25,217.40.
This purchase was made in compliance with the Company's 2017 Remuneration Policy (the "Policy") and the requirement contained within the Policy that any bonus payment in excess of 60% of salary must be used to acquire shares in the Company until the minimum shareholding requirement of 300% of salary is achieved.
The information set out below is provided in accordance with the requirements of Article 19(3) of MAR and provides further detail:
1
Details of the persons discharging managerial responsibilities
a)
Name(s)
Andrew Heath
2
Reason for the notification
a)
Position/status
Executive Director and 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 5 pence each
GB0003308607b)
Nature of the transaction
Purchase of ordinary shares of 5 pence each pursuant to an irrevocable instruction made on 29 February 2020
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£22.98
1,089
d)
Aggregated information
Aggregated Volume
1,089
Price
£22.98
e)
Date of the transaction
25 March 2020
f)
Place of the transaction
London Stock Exchange
Name of contact and telephone number for queries:
Rebecca Dunn
Deputy Company Secretary
01784 470 470
For and on behalf of Spectris plc
Date: 25 March 2020
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.ENDDSHPPUPPWUPUGGA
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