REG - Spirax Group PLC - Director/PDMR Shareholding
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RNS Number : 2015X Spirax Group PLC 18 March 2026
18 March 2026
Notification and public disclosure of transactions by persons discharging
managerial responsibilities ('PDMRs').
On 16 March 2026, the following ordinary shares in Spirax Group plc (the
"Company") were acquired by the following PDMRs within the Company, as a
result of the vesting of awards under the following share plans;
· Company PSP 2015 awarded in 2023
· Company PSP 2023 awarded in 2024 (Louisa Burdett was granted a share
award, under the Company PSP 2023, to compensate her for remuneration
forfeited with her previous employer when she joined the Company in 2024)
Of the shares that vested, a portion was sold automatically to cover tax
liabilities, with the balance retained by the PDMR or sold, as set out in the
table below;
Name of PDMR/Executive Director Role Number of shares vesting Number of shares sold Total number of shares retained
Nimesh Patel Group Chief Executive Officer 1703 804 899
Louisa Burdett Group Chief Financial Officer 1422 671 751
Jim Devine Group HR Director 503 238 265
Andrew Mines Managing Director, Electric Thermal Solutions 886 886 0
Sarah Peers Group Director of Sustainability 503 238 265
Maurizio Preziosa Managing Director, Steam Thermal Solutions 886 886 0
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nimesh Patel
2 Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Vesting of 1,703 Shares awarded under the Company 2015 Performance Share Plan
(2023 Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Vesting (2023 Award) Nil 1,703
d) Aggregated information
Vesting
- Aggregated volume 1,703
- Aggregated Price Nil
e) Date of the transaction 16/03/2026
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nimesh Patel
2 Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Sale of sufficient number of shares vesting under the Company 2015 Performance
Share Plan (2023 Award) to cover tax/NI
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale to cover tax & NI £66.55 804
d) Aggregated information
Sale to cover tax & NI
- Aggregated volume 804 shares
- Aggregated Price £66.55
e) Date of the transaction 16/03/2026
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Louisa Burdett
2 Reason for the notification
a) Position/status Group Chief Financial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Vesting of 1,422 Shares awarded under the Company 2023 Performance Share Plan
(2024 Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Vesting (2024 Award) Nil 1,422
d) Aggregated information
Vesting
- Aggregated Price Nil
e) Date of the transaction 16/03/2026
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Louisa Burdett
2 Reason for the notification
a) Position/status Group Chief Financial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Sale of sufficient number of shares vesting under the Company 2023 Performance
Share Plan (2024 Award) to cover tax/NI
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale to cover tax & NI £66.55 671
d) Aggregated information
Sale to cover tax & NI
- Aggregated volume 671 shares
- Aggregated Price £66.55
e) Date of the transaction 16/03/2026
f) Place of the transaction London Stock Exchange
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Maurizio Preziosa
2 Reason for the notification
a) Position/status Managing Director, Steam Thermal Solutions (PDMR)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Vesting and sale of 886 Shares awarded under the Company 2015 Performance
Share Plan (2023 Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Vesting (2023 Award) Nil 886
d) Aggregated information
Vesting
- Aggregated volume 886
- Aggregated Price Nil
e) Date of the transaction 16/03/2026
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Maurizio Preziosa
2 Reason for the notification
a) Position/status Managing Director, Steam Thermal Solutions (PDMR)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Sale of all shares vesting under the Company 2015 Performance Share Plan (2023
Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale £66.55 886
d) Aggregated information
Sale
- Aggregated volume 886 shares
- Aggregated Price £66.55
e) Date of the transaction 16/03/2026
f) Place of the transaction London Stock Exchange
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andrew Mines
2 Reason for the notification
a) Position/status Managing Director, Electric Thermal Solutions (PDMR)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Vesting of 886 Shares awarded under the Company 2015 Performance Share Plan
(2023 Award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Vesting (2023 Award) Nil 886
d) Aggregated information
Vesting
- Aggregated volume 886
- Aggregated Price Nil
e) Date of the transaction 16/03/2026
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andrew Mines
2 Reason for the notification
a) Position/status Managing Director, Electric Thermal Solutions (PDMR)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Sale of all shares vesting under the Company 2015 Performance Share Plan (2023
Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale £66.55 886
d) Aggregated information
Sale
- Aggregated volume 886 shares
- Aggregated Price £66.55
e) Date of the transaction 16/03/2026
f) Place of the transaction London Stock Exchange
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sarah Peers
2 Reason for the notification
a) Position/status Group Director of Sustainability (PDMR)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Vesting of 503 Shares awarded under the Company 2015 Performance Share Plan
(2023 Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Vesting (2023 Award) Nil 503
d) Aggregated information
Vesting
- Aggregated volume 503
- Aggregated Price Nil
e) Date of the transaction 16/03/2026
f) Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sarah Peers
2 Reason for the notification
a) Position/status Group Director of Sustainability (PDMR)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Sale of sufficient number of shares vesting under the Company 2015 Performance
Share Plan (2023 Award) to cover tax/NI
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale to cover tax & NI £66.55 238
d) Aggregated information
Sale to cover tax & NI
- Aggregated volume 238 shares
- Aggregated Price £66.55
e) Date of the transaction 16/03/2026
f) Place of the transaction London Stock Exchange
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jim Devine
2 Reason for the notification
a) Position/status Group HR 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 Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Vesting of 503 Shares awarded under the Company 2015 Performance Share Plan
(2023 Award).
c) Price(s) and volume(s)
Price(s) Volume(s)
Vesting (2023 Award) Nil 503
d) Aggregated information
Vesting
- Aggregated volume 503
- Aggregated Price Nil
e) Date of the transaction 16/03/2026
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jim Devine
2 Reason for the notification
a) Position/status Group HR 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 Spirax Group plc
b) LEI 213800WFVZQMHOZP2W17
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 26(12)/(13)p Ordinary Shares
Identification code ISIN: GB00BWFGQN14
b) Nature of the transaction Sale of sufficient number of shares vesting under the Company 2015 Performance
Share Plan (2023 Award) to cover tax/NI
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale to cover tax & NI £66.55 238
d) Aggregated information
Sale to cover tax & NI
- Aggregated volume 238 shares
- Aggregated Price £66.55
e) Date of the transaction 16/03/2026
f) Place of the transaction London Stock Exchange
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