Information  X 
Enter a valid email address

Victrex PLC (VCT)

  Print          Annual reports

Thursday 10 February, 2022

Victrex PLC

Director/PDMR Shareholding

RNS Number : 3399B
Victrex PLC
10 February 2022
 

10 February 2022

Victrex plc

Grant of Options under the rules of the Victrex plc 2015 UK Sharesave Plan

Notification of transactions by directors/persons discharging managerial responsibilities

The Company announces the following transaction by a PDMR in the Company's ordinary 1p shares ("Shares"):

 Pursuant to invitations issued on 13 January 2022 to all eligible UK employees, options over an aggregate of 113,785 shares were granted on 10 February 2022 under the Company's UK SAYE Scheme (the "Scheme"). The Scheme is an all-employee scheme which gives the opportunity to eligible UK employees to acquire Shares at a discount of 20% of the market value of the Shares at the time the invitation was issued.

 

 Options granted to a PDMR;

 

Name

Position

No. of shares under options granted

Savings Contract Period

 

Jakob Sigurdsson

 

Chief Executive Officer

 

951

 

3 Years

 

 

In consideration of these options, the grantees will make monthly savings during the associated savings contract. The exercise price is £18.912 per share.

These options will normally be exercisable during a 6 month period commencing 1 April 2025 for a 3 Year contract.

 1.  This announcement is an initial announcement.

2.  The Company's identification code is GB0009292243.

3.  The grant of the SAYE options occurred outside a trading venue.

 

The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below and gives further details on the option grants for directors and PDMRs.

 

 

 

 

 

 

 

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

Jakob Sigurdsson

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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

 

Identification code

Option over ordinary shares of 1p each

 

 

GB0009292243

b)

Nature of the transaction

Option granted under the Company's all-employee HMRC approved Save As You Earn scheme ( Victrex plc 2015 UK Sharesave Plan ) with an exercise price of £18.912.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£18.912

951

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

N/A

 

e)

Date of the transaction

10 February 2022

f)

Place of the transaction

Outside a trading venue

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHGZGMZDGDGZZM

a d v e r t i s e m e n t