Director/PDMR Shareholding

RNS Number : 4745N
Victrex PLC
17 February 2009
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. 

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. 

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. 

 

Please complete all relevant boxes in block capital letters.


1. Name of the issuer

Victrex plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

(iii)  Mr David Hummel, Dr Timothy Walker, Mr Michael Peacock

(i) Mr Andrew Stephen Barrow

3. Name of person discharging managerial responsibilities/director

Mr David Hummel

Dr Timothy Walker

Mr Michael Peacock

Mr Andrew Stephen Barrow

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

In respect of the persons referred to in 3 above.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary 1p shares in Victrex plc.

7.  Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8 State the nature of the transaction

Awards made under the Victrex 2009 Long Term Incentive Plan over the number of ordinary shares set out at 9 below.  The awards, which were granted for nil consideration, take the form of options to acquire ordinary shares for nil consideration, conditional upon the satisfaction of certain targets over a three year performance period.


9. Number of shares, debentures or financial instruments relating to shares acquired

Mr David Hummel                   92,818

Dr Timothy Walker                  43,478

Mr Michael Peacock                50,484

Mr Andrew Stephen Barrow    45,363

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A


12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

N/A



14. Date and place of transaction

16 February 2009, Thornton, CleveleysUK

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Number of ordinary shares held beneficially and non-beneficially

Mr David Hummel                  3,908,940    4.71%

Dr Timothy Walker                102,880

Mr Michael Peacock              97,593

Mr Andrew Stephen Barrow  1,881

       

16. Date issuer informed of transaction

16 February 2009

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes


17. Date of grant

16 February 2009

18. Period during which or date on which it can be exercised

16 February 2014 - 16 February 2019

19. Total amount paid (if any) for grant of the option

Nil

20. Description of shares or debentures involved (class and number)

Ordinary shares of 1p each

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

Nil

22. Total number of shares or debentures over which options held following notification

Mr David Hummel                 248,277 

Dr Timothy Walker                153,299

Mr Michael Peacock              169,266

Mr Andrew Stephen Barrow   45,363

………………………………


23. Any additional information

N/A

………………………………

24. Name of contact and telephone number for queries

Sonya Moore 01253 897 708

………………………………

Name and signature of duly authorised officer of issuer responsible for making notification

Sonya Moore

………………………………


Date of notification

17 February 2009

………………………………


END 


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