REG - Victrex PLC - Director/PDMR Shareholding

VictrexAnnouncement

18/12/2018 15:20

RNS Number : 8757K
Victrex PLC
18 December 2018
 


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
 
 


 
 Tim Cooper




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Executive 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
 
 


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


Ordinary shares of 1p each














Identification code


GB0009292243














b)
 


Nature of the transaction
 
 


Exercise of 1,012 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.
 
Sold sufficient shares arising from the transaction to cover costs and tax and retained the balance as shares. 
 
In respect of the net hypothetical dividend on the vested shares Mr Cooper received an additional 78 shares at £21.38.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s) sold


Volume retained
















£21.38


478


534
















£21.38


Nil


78






























d)
 


Aggregated information


















- Aggregated volume exercised
- No of shares retained


1,012
534 + 78 = 612














- Price


£21.38














e)
 


Date of the transaction
 
 


2018-12-17




f)
 


Place of the transaction
 
 


Thornton, Cleveleys, Lancashire,



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


 
 Martin Court




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Executive 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
 
 


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


Ordinary shares of 1p each














Identification code


GB0009292243














b)
 


Nature of the transaction
 
 


Exercise and hold of 934 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.
 
In respect of the gross hypothetical dividend on the vested shares Dr Court received an additional 136 shares at £21.38.
 
Dr Court has elected to self fund any tax liability arising from the transaction and therefore no sale of shares was required to cover costs.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s) sold


Volume retained
















N/A


Nil


934
















£21.38


Nil


136






























d)
 


Aggregated information


















- Aggregated volume exercised
- No of shares retained


934
934 + 136 = 1,070














- Price


N/A
 
£21.38 (for 136)














e)
 


Date of the transaction
 
 


2018-12-17




f)
 


Place of the transaction
 
 


Thornton, Cleveleys, Lancashire,



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


 
 Martin Court




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Executive 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
 
 


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


Ordinary shares of 1p each














Identification code


GB0009292243














b)
 


Nature of the transaction
 
 


Exercise of 3,686 nil cost options granted 14 December 2015 under the Victrex plc 2009 Long Term Incentive Plan.
 
Sold sufficient shares arising from the exercise to cover costs and tax and retained the balance as shares. 
 
In respect of the gross hypothetical dividend on the vested shares, Dr Court received an additional 359 shares at £22.28. 
 
Dr Court has elected to self fund any tax liability arising from the hypothetical dividend.
 




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s) sold


Volume retained
















£21.38


1,739


1,947
















£22.28


Nil


359






























d)
 


Aggregated information


















- Aggregated volume exercised
- No of shares retained


3,686
1,947 + 359 = 2,306














- Price


£21.38 (for 1,947) and £22.28 (for 359)














e)
 


Date of the transaction
 
 


2018-12-17




f)
 


Place of the transaction
 
 


Thornton, Cleveleys, Lancashire,



 




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.
 
END
 
 
DSHMMMMZKRNGRZM