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)
(iii) Mr David Hummel, Dr Timothy Walker, Mr Michael Peacock
(i) Mr Andrew Stephen Barrow
3. Name of person discharging managerial responsibilities/director
Mr David Hummel
Dr Timothy Walker
Mr Michael Peacock
Mr Andrew Stephen Barrow
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
Mr David Hummel 92,818
Dr Timothy Walker 43,478
Mr Michael Peacock 50,484
Mr Andrew Stephen Barrow 45,363
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
16 February 2009, 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)
Number of ordinary shares held beneficially and non-beneficially
Mr David Hummel 3,908,940 4.71%
Dr Timothy Walker 102,880
Mr Michael Peacock 97,593
Mr Andrew Stephen Barrow 1,881
16. Date issuer informed of transaction
16 February 2009
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant
16 February 2009
18. Period during which or date on which it can be exercised
16 February 2014 - 16 February 2019
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
Mr David Hummel 248,277
Dr Timothy Walker 153,299
Mr Michael Peacock 169,266
Mr Andrew Stephen Barrow 45,363
………………………………
23. Any additional information
N/A
………………………………
24. Name of contact and telephone number for queries
Sonya Moore 01253 897 708
………………………………
Name and signature of duly authorised officer of issuer responsible for making notification
Sonya Moore
………………………………
Date of notification
17 February 2009
………………………………
END