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Vectura Group plc (VEC)

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Friday 05 June, 2020

Vectura Group plc

Director/PDMR Shareholding

RNS Number : 1231P
Vectura Group plc
05 June 2020
 

 

VECTURA GROUP PLC

DIRECTOR/PDMR SHARE DEALING

Vectura Group plc

5 June 2020

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Vectura Group plc (LSE: VEC; "Vectura" or "the Company") confirms that on
3 June 2020, Paul Fry, Chief Financial Officer exercised his award of 225,741 forfeitable ordinary shares to which Listing Rule 9.4.2(2) applies. Sufficient shares were sold to cover the tax and national insurance liability with the remaining shares retained by Mr Fry. Post this transaction Paul Fry has acquired 119,429 shares. His current holding is now 119,429 (0.02%)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Fry

2

Reason for Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Vectura Group plc

b)

LEI

213800SR8BL1K6EPX533

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 0.0271 pence each in Vectura Group plc

 

GB00BKM2MW97

b)

Nature of the transaction

Exercise of award of 225,741 forfeitable ordinary shares to which Listing Rule 9.4.2(2) applies and sale of sufficient shares to cover the income tax and national insurance liability. The remaining 119,429 shares have been retained.

 

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Exercise

nil

225,741

Sale to cover tax/Ni liabilities

0.8825

106,312

d)

Aggregated information

-  Aggregated volume

-  Price


Price(s)

Volume(s)

Exercise

nil

225,741

Sale to cover tax/Ni liabilities

0.8825

106,312

e)

Date of the transaction

3 June 2020

f)

Place of the transaction

London Stock Exchange (XLON)

Enquiries: 

John Murphy, Company Secretary    + 44 (0)207 881 0524


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