REG - Victrex PLC - Director/PDMR Shareholding

VictrexAnnouncement

10/02/2022 14:10

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RNS Number : 3399B  Victrex PLC  10 February 2022

10 February 2022

Victrex plc

Grant of Options under the rules of the Victrex plc 2015 UK Sharesave Plan

Notification of transactions by directors/persons discharging managerial
responsibilities

The Company announces the following transaction by a PDMR in the Company's
ordinary 1p shares ("Shares"):

 Pursuant to invitations issued on 13 January 2022 to all eligible UK
employees, options over an aggregate of 113,785 shares were granted on 10
February 2022 under the Company's UK SAYE Scheme (the "Scheme"). The Scheme is
an all-employee scheme which gives the opportunity to eligible UK employees to
acquire Shares at a discount of 20% of the market value of the Shares at the
time the invitation was issued.

 

 Options granted to a PDMR;

 

 Name               Position                  No. of shares under options granted  Savings Contract Period

 Jakob Sigurdsson   Chief Executive Officer   951                                  3 Years

 

 

In consideration of these options, the grantees will make monthly savings
during the associated savings contract. The exercise price is £18.912 per
share.

These options will normally be exercisable during a 6 month period commencing
1 April 2025 for a 3 Year contract.

 1.   This announcement is an initial announcement.

2.   The Company's identification code is GB0009292243.

3.   The grant of the SAYE options occurred outside a trading venue.

 

The FCA notification, made in accordance with the requirements of the EU
Market Abuse Regulation is appended below and gives further details on the
option grants for directors and PDMRs.

 

 

 

 

 

 

 

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                                                         Jakob Sigurdsson
 2   Reason for the notification
 a)  Position/status                                              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                                                         Victrex plc
 b)  LEI                                                          213800UYNPHAUNHPXL67
 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  Option over ordinary shares of 1p each

     Identification code

                                                                  GB0009292243
 b)  Nature of the transaction                                    Option granted under the Company's all-employee HMRC approved Save As You Earn
                                                                  scheme (Victrex plc 2015 UK Sharesave Plan) with an exercise price of
                                                                  £18.912.
 c)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                                  £18.912   951

 
 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price                                                      N/A

 e)  Date of the transaction                                      10 February 2022
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

N/A

 

e)

Date of the transaction

10 February 2022

f)

Place of the transaction

Outside a trading venue

 

 

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