Director/PDMR Shareholding

RNS Number : 6291Z
Victrex PLC
18 December 2017
 

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

 

 

 

 David Hummel

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

 

 

Vesting of nil cost conditional options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

 

Sold sufficient shares arising from the vesting to cover the vesting costs and tax, and sold remaining balance for cash.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£26.18

2,191







d)

 

Aggregated information




- Aggregated volume

2,191



- Price

£26.18



e)

 

Date of the transaction

 

 

2017-12-15

f)

 

Place of the transaction

 

 

Thornton, Cleveleys, Lancashire,

 

 

 

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 1,011 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

 

Sold sufficient shares (477) arising from the exercise to cover costs and tax and retained the balance (534) as shares. 

 

Mr Cooper received an additional 38 shares following the payment of a net hypothetical dividend on the vested shares.  

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s) sold

Volume retained




£26.18

477

534







d)

 

Aggregated information




- Aggregated volume exercised

- No of shares retained

1,011

534 + 38 = 572



- Price

£26.18



e)

 

Date of the transaction

 

 

2017-12-15

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 934  nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

 

Sold sufficient shares (441) arising from the exercise to cover costs and tax and retained the balance (493) as shares. 

 

Mr Court received an additional 35 shares following the payment of a net hypothetical dividend on the vested shares. 

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s) sold

Volume retained




£26.18

441

493




£26.18


35







d)

 

Aggregated information




- Aggregated volume

- No of shares retained

934

493 + 35 = 528



- Price

£26.18



e)

 

Date of the transaction

 

 

2016-12-15

f)

 

Place of the transaction

 

 

Thornton, Cleveleys, Lancashire,

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Louisa Burdett

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 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

 

Sold sufficient shares arising from the exercise to cover the exercise costs and tax, sold remaining balance for cash.

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£26.18

1,167







d)

 

Aggregated information




- Aggregated volume

1,167



- Price

£26.18



e)

 

Date of the transaction

 

 

2016-12-15

f)

 

Place of the transaction

 

 

Thornton, Cleveleys, Lancashire,

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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