Spectris PLC

Director/PDMR Shareholding

RNS Number : 6805E
Spectris PLC
08 July 2021
 

Spectris plc: Director/PDMR Shareholding

 

Spectris Share Incentive Plan ("SIP") Acquisition of Partnership Shares and Award of Matching Shares

 

This notification relates to the acquisition and award of shares under the terms of the SIP by persons discharging managerial responsibilities ("PDMRs"). It is made under Article 19.1 of the EU Market Abuse Regulation 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").

 

On 8 July 2021, Equiniti Share Plan Trustees Limited, trustees of the SIP, notified Spectris plc (the "Company") that, on 7 July 2021, a total of 10 ordinary 5p shares ("Partnership Shares") were purchased on behalf of the Company's PDMRs at a price of 3,296.6666 pence per share. Under the terms of the SIP, 2 ordinary 5p share ("Matching Share") was awarded to the PDMRs on the same date for nil consideration. Full details are provided below:

 

Name

Number of Partnership Shares purchased


Number of Matching Shares awarded


Total number of shares held within the SIP

Derek Harding

5


1


190

Andrew Heath

5


1


239

 

Under the terms of the SIP, each eligible participating employee can purchase Partnership Shares using monthly contributions deducted from salary, and the Company awards one Matching Share for every five Partnership Shares purchased by participating employees.

 

The forms required under the EU Market Abuse Regulations follow:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

N a m e

Derek Harding, Chief Financial Officer

2

R eas o nforthenotification

a)

P o s i t i on / s t a t us

Director/PDMR

b)

Initial notification/Amendment

Initial Notification

3

D e tailsoftheissuer,emissionallowancemarketparticipant,auctionplatform,auctioneeror auctionmonitor

a)

N a m e

Spectris plc

b)

LEI

213800Z4CO2CZO3M3T10

4

D e tailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii)each typeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeen conducted

a)

D e s c riptionofthe financialinstrument,type ofinstrument

Identification code

O rdinaryShares of 5p each



GB0003308607

b)

N a t u reofthetransaction

Acquisition of Partnership Shares under the SIP, an HMRC tax-advantaged all-employee share plan.

c)

P rice(s)andvolume(s)

P rice(s)

V o l u m e (s)

£ 32.966666

5 Partnership Shares



£nil

1 Matching Share

d)

A gg regatedinformation

A gg regatedVolume

6

Total Aggregate P rice

£164.83

e)

D a t eofthetransaction

7 July 2021

f)

P l ac eofthetransaction

L ondonStock Exchange:  LON

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

N a m e

Andrew Heath, Chief Executive

2

R eas o nforthenotification

a)

P o s i t i on / s t a t us

Director/PDMR

b)

Initial notification/Amendment

Initial Notification

3

D e tailsoftheissuer,emissionallowancemarketparticipant,auctionplatform,auctioneeror auctionmonitor

a)

N a m e

Spectris plc

b)

LEI

213800Z4CO2CZO3M3T10

4

D e tailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeofinstrument;(ii)each typeoftransaction;(iii)eachdate;and(iv)eachplacewheretransactionshavebeen conducted

a)

D e s c riptionofthe financialinstrument,type ofinstrument

Identification code

O rdinaryShares of 5p each



GB0003308607

b)

N a t u reofthetransaction

Acquisition of Partnership Shares and award of Matching Shares under the SIP, an HMRC tax-advantaged all-employee share plan.

c)

P rice(s)andvolume(s)

P rice(s)

V o l u m e (s)

£ 32.966666

5 Partnership Shares

£nil

1 Matching Share

d)

A gg regatedinformation

A gg regatedVolume

6

Total Aggregate P rice

£164.83

e)

D a t eofthetransaction

7 July 2021

f)

P l ac eofthetransaction

L ondonStock Exchange:  LON

 

Name of contact and telephone number for queries:

 

Carlie Sawyer

Group Reward Executive

07585 888 8852

 

For and on behalf of Spectris plc

 

LEI Number: 213800Z4CO2CZO3M3T10

 

Date: 8 July 2021

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