Director/PDMR Shareholding

RNS Number : 1454V

Spectris PLC

12 April 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 12 April 2021, Equiniti Share Plan Trustees Limited, trustees of the SIP, notified Spectris plc (the "Company") that, on 9 April 2021, a total of 8 ordinary 5p shares ("Partnership Shares") were purchased on behalf of the Company's PDMRs at a price of 3,406.6666 pence per share. Under the terms of the SIP, a total of 2 ordinary 5p shares ("Matching Shares") were 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	4		1		172
Andrew Heath	4		1		219

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 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)
		£ 34.066666		4 Partnership Shares
		£nil		1 Matching Share
d)	A gg regatedinformation	A gg regatedVolume		5
		Total Aggregate P rice		£136.27
e)	D a t eofthetransaction	9 April 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)
		£ 34.066666		4 Partnership Shares
		£nil		1 Matching Share
d)	A gg regatedinformation	A gg regatedVolume		5
		Total Aggregate P rice		£136.27
e)	D a t eofthetransaction	9 April 2021
f)	P l ac eofthetransaction	L ondonStock Exchange:  LON

Name of contact and telephone number for queries:

Carlie Sawyer

Group Share Plan Executive

01784 485 339

For and on behalf of Spectris plc

LEI Number: 213800Z4CO2CZO3M3T10

Date: 12 April 2021

 

END

 

 

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