Director/PDMR Shareholding

RNS Number : 6232X

Victrex PLC

08 December 2010

 



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)

(i)

3. Name of person discharging managerial responsibilities/director

GARY HULME

KAREN RIDING

JONATHAN PARR

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

No

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

As above

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

Ordinary Shares of 1p each.

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

GARY HULME

KAREN RIDING

JONATHAN PARR

8. State the nature of the transaction

Exercise of share options in Victrex plc;

GARY HULME - Exercise on 7 December 2010 of 2,033 ordinary shares granted on 8 June 2006 at an exercise price of £7.28 and the subsequent disposal of sufficient shares to cover the exercise and dealing costs.

Award of share options in Victrex plc

GARY HULME - 4,309 ordinary shares granted on 8 December 2010 at an exercise price of £13.48

KAREN RIDING - 2,793 ordinary shares granted on 8 December 2010 at an exercise price of £13.48

JONATHAN PARR - 3,154 ordinary shares granted on 8 December 2010 at an exercise price of £13.48

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

NA

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

NA

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

GARY HULME - 1,121

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

NA

13. Price per share or value of transaction

£13.25

14. Date and place of transaction

Exercise - 7 December 2010, Thornton-Cleveleys

Grant - 8 December 2010, Thornton-Cleveleys

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

GARY HULME - 9,666 %NA

KAREN RIDING - 3,242 %NA

JONATHAN PARR - Nil

16. Date issuer informed of transaction

8 December 2010

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

17.  Date of grant

8 December 2010

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

8 December 2013 - 8 December 2020

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 1 pence each

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

£13.48

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

Gary Hulme - 17,001

Karen Riding - 8,054

Jonathan Parr - 3,154

23. Any additional information

………………………………

24. Name of contact and telephone number for queries

Claire Salisbury 01253 897477

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

Claire Salisbury

Company Secretarial Assistant

 Date of notification

8 December 2010

END

 

END

 

 

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