Director/PDMR Shareholding

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,

 


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Victrex plc (VCT)
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