REG - Victrex PLC - Director/PDMR Shareholding

VictrexAnnouncement

10/02/2021 14:40

RNS Number : 6649O
  
Victrex PLC
  
10 February 2021
  
 

10 February 2021
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 2021 to all eligible UK employees, options over an aggregate of 89,000 Shares were granted on 10 February 2021 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




 
Martin Court


 
Executive Director


 
459


 
3 Years




 
 
In consideration of these options, the grantees will make monthly savings during the associated savings contract. The exercise price is £19.60 per share.
These options will normally be exercisable during a 6 month period commencing 1 April 2024 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


Martin Court




2


Reason for the notification




a)


Position/status


Executive Director




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
 
Identification code


Option over ordinary shares of 1p each 
 
 
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 19.60p




c)


Price(s) and volume(s)


 




Price(s)


Volume(s)




£19.60


459




 




d)


Aggregated information
- Aggregated volume
- Price


 
N/A
N/A
 




e)


Date of the transaction


10 February 2021




f)


Place of the transaction


Outside a trading venue




 
 

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