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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