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RNS Number : 4716S Victrex PLC 10 February 2026
10 February 2026
Victrex plc
Notification of transactions by directors/persons discharging managerial
responsibilities
Grant of Options under the Victrex plc 2025 UK Sharesave Plan (the SAYE
Scheme)
Victrex plc is an innovative world leader in high performance polymer
solutions, delivering sustainable products which enable environmental and
societal benefit in multiple end-markets. Victrex announces that on 10
February 2026 options were granted to employees of the Company pursuant to the
SAYE Scheme. Eligible employees were invited to subscribe for options over
the Company's ordinary shares of 1p each (Options), with an exercise price of
£5.496 per share representing a 20% discount to the closing mid-market price
on 12 January 2026, the day before the invitation to participate was
made.
The Options have a savings start date of 1 April 2026 and will normally be
exercisable - commencing 1 April 2029 for 3 Year contracts, and 1 April 2031
for 5 Year contracts - within a 6-month period from these dates. The exercise
of Options is not dependent upon the satisfaction of performance criteria. A
total of 334 employees elected to participate in the 2026 SAYE Scheme
accordingly a total of 694,387 Options were granted on 10 February 2026.
The following Person Discharging Managerial Responsibility ("PDMR") has
elected to participate in the 2026 SAYE Scheme, and their options are included
in the total figures above:
Director/PDMR No. of Options Savings Contract Period
Ian Melling 3,311 3 Years
The notification below, is made in accordance with Article 19 of the UK Market
Abuse Regulation.
Enquiries:
Jane Brisley, General Counsel & Company Secretary +44 (0)1253 897700
About Victrex:
Victrex is an innovative world leader in high performance polymer solutions,
focused on the strategic markets of Automotive, Aerospace, Energy &
Industrial, Electronics and Medical. Every day, millions of people rely on
products or applications which contain our sustainable materials, from
smartphones, aeroplanes and cars to energy operations and medical devices.
With over 40 years' experience, we are moving beyond the polymer into
semi-finished and finished products which shape future performance for our
customers and our markets, enable environmental and societal benefit for our
customers and drive value for our shareholders. Find out more
at www.victrexplc.com (http://www.victrexplc.com/)
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 Ian Melling
2 Reason for the notification
a) Position/status Chief Finance Officer (PDMR)
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 2025 UK Sharesave Plan) with an exercise price of £5.496.
c) Price(s) and volume(s)
Price(s) Volume(s)
£5.496 3,311
d) Aggregated information
- Aggregated volume N/A
- Price N/A
e) Date of the transaction 10 February 2026
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 2026
f)
Place of the transaction
Outside a trading venue
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