Director/PDMR Shareholding

RNS Number : 5590H

Spectris PLC

25 March 2020

 

Spectris plc: Director/PDMR Shareholding

This notification is made under Article 19(1) of the EU Market Abuse Regulation 596/2014 ('MAR').

Spectris plc ('the Company') has been notified by Andrew Heath, Chief Executive, that he has today acquired 1,089 ordinary shares at a price of 2298 pence per share. This purchase was made pursuant to an irrevocable instruction dated 29 February 2020 to purchase shares to the value of £25,217.40.

This purchase was made in compliance with the Company's 2017 Remuneration Policy (the "Policy") and the requirement contained within the Policy that any bonus payment in excess of 60% of salary must be used to acquire shares in the Company until the minimum shareholding requirement of 300% of salary is achieved.

The information set out below is provided in accordance with the requirements of Article 19(3) of MAR and provides further detail:

1	Details of the persons discharging managerial responsibilities
a)	Name(s)	Andrew Heath
2	Reason for the notification
a)	Position/status	Executive Director and PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Spectris plc
b)	LEI	213800Z4CO2CZO3M3T10
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	Ordinary Shares of 5 pence each GB0003308607
b)	Nature of the transaction	Purchase of ordinary shares of 5 pence each pursuant to an irrevocable instruction made on 29 February 2020
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£22.98	1,089
d)	Aggregated information	Aggregated Volume		1,089
		Price		£22.98
e)	Date of the transaction	25 March 2020
f)	Place of the transaction	London Stock Exchange

Name of contact and telephone number for queries:

Rebecca Dunn

Deputy Company Secretary

01784 470 470

For and on behalf of Spectris plc

Date: 25 March 2020

 

END

 

 

DSHPPUPPWUPUGGA