Director/PDMR Shareholding

RNS Number : 2882G

Victrex PLC

27 June 2012

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

Victrex plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

 (i)    

3. Name of person discharging managerial responsibilities/director

Mr Hichem M'Saad

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

In respect of the persons referred to in 3 above.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary 1p shares in Victrex plc.

7.  Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A

8. State the nature of the transaction

Awards made under the Victrex 2009 Long Term Incentive Plan over the number of ordinary shares set out at 9 below.  The awards, which were granted for nil consideration, take the form of options to acquire ordinary shares for nil consideration, conditional upon the satisfaction of certain targets over a three year performance period.

9. Number of shares, debentures or financial instruments relating to shares acquired

17,871 options under the Victrex plc 2009 Long Term Incentive Plan

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

N/A

14. Date and place of transaction

27 June 2012, Thornton, Cleveleys, UK.

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

16. Date issuer informed of transaction

27 June 2012

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

27 June 2012

18. Period during which or date on which it can be exercised

27June 2015 - 27 June 2022

19. Total amount paid (if any) for grant of the option

Nil

20. Description of shares or debentures involved (class and number)

Ordinary shares of 1p each

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

Nil

22. Total number of shares or debentures over which options held following notification

17,871

23. Any additional information

N/A

………………………………

24. Name of contact and telephone number for queries

Claire Lowry 01253 897477

………………………………

Name and signature of duly authorised officer of issuer responsible for making notification

Claire Lowry

………………………………

Date of notification

27 June 2012

………………………………

END

 

END

 

 

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