Spectris plc: Director/PDMR
Shareholding
This notification made under Article
19 of the Market Abuse Regulation (EU)
596/2014 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018 ("MAR").
On 4 April 2024, Spectris plc (the
"Company") was notified
that on the same day,
Andrew Heath, Chief Executive,
acquired 6,224 ordinary shares of 5p each ("Ordinary Shares") in the Company
respectively following the exercise of options granted under the
terms of the Spectris Deferred Bonus Plan ("DBP") on 17 March 2021.
Of the 6,224 Ordinary Shares
acquired by Mr Heath, 2,941 were sold to fund the option cost and
the income tax / national insurance liability at a sale price of
£32.42 and the remaining 3,283 Ordinary Shares were retained and
immediately transferred into a nominee account on his
behalf.
On 5 April 2024, Spectris plc (the
"Company") was notified
that on the same day, Derek Harding, Chief Financial Officer
acquired 4,039 ordinary shares of 5p each ("Ordinary Shares") in the Company
respectively following the exercise of options granted under the
terms of the DBP on 17 March 2021.
Of the 4,039 Ordinary Shares
acquired by Mr Harding, 1,909 were sold to fund the option cost and
the income tax / national insurance liability at a sale price of
£32.0054 and the remaining 2,130 Ordinary Shares were retained and
immediately transferred into a nominee account on his
behalf.
The forms for this transaction, as
required under MAR, follows:
|
1
|
Details of the persons discharging managerial
responsibilities
|
|
a)
|
Name(s)
|
Andrew Heath, Chief
Executive
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
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
|
Spectris plc
|
|
b)
|
LEI
|
213800Z4CO2CZO3M3T10
|
|
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 5p
each
GB0003308607
|
|
b)
|
Nature of the transaction
|
(i) Exercise of options
over 6,224 Ordinary Shares under the terms of the DBP.
(ii) Subsequent sale of
2,941 Ordinary Shares to cover option cost and income tax /
national Insurance liabilities arising on exercise.
(iii) Transfer of remining
3,283 Ordinary Shares into a nominee account on Mr Heath's
behalf.
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
(i)
Acquisition
£0.05
£0.00
|
5,819 (Share Award granted as a
nominal cost option under the terms of the DBP)
405 (Dividend equivalent shares
awarded in lieu of dividend accrual on nominal cost
option)
|
|
|
|
(ii) Sale
£32.42
|
2,941
|
|
|
|
(iii) Transfer
£nil
|
3,283
|
|
d)
|
Aggregated information
|
(i)
Acquisition
|
|
Price per share
|
£0.0467
|
|
Volume
|
6,224
|
|
|
|
Price
|
£290.95
|
|
|
|
(ii) Sale
|
|
|
|
Price per share
|
£32.42
|
|
|
|
Volume
|
2,941
|
|
|
|
Price
|
£95,347.22
|
|
|
|
(iii) Transfer
|
|
|
|
Price per share
|
£0.00
|
|
|
|
Volume
|
3,283
|
|
|
|
Price
|
£0.00
|
|
e)
|
Date of the transaction
|
4 April 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading
venue
|
|
|
|
|
| |
|
1
|
Details of the persons discharging managerial
responsibilities
|
|
a)
|
Name(s)
|
Derek Harding, Chief Financial
Officer
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
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
|
Spectris plc
|
|
b)
|
LEI
|
213800Z4CO2CZO3M3T10
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5p
each
GB0003308607
|
|
b)
|
Nature of the transaction
|
(iv) Exercise of options over
4,039 Ordinary Shares under the terms of the DBP granted on 17
March 2021.
(v) Subsequent sale of 1,909
Ordinary Shares to cover option cost and income tax / national
Insurance liabilities arising on exercise.
(vi) Transfer of remaining
2,130 Ordinary Shares into a nominee account on Mr Harding's
behalf.
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
(iv) Acquisition
£0.05
£0.00
|
3,776 (Share Award granted as a
nominal cost option under the terms of the DBP)
263 (Dividend equivalent shares
awarded in lieu of dividend accrual on nominal cost
option)
|
|
|
|
(v) Sale
£32.0054
|
1,909
|
|
|
|
(vi) Transfer
£nil
|
2,130
|
|
d)
|
Aggregated information
|
(iv) Acquisition
|
|
Price per share
|
£0.0467
|
|
Volume
|
4,039
|
|
|
|
Price
|
£188.80
|
|
|
|
(v) Sale
|
|
|
|
Price per share
|
£32.0054
|
|
|
|
Volume
|
1,909
|
|
|
|
Price
|
£61,098.31
|
|
|
|
(vi) Transfer
|
|
|
|
Price per share
|
£0.00
|
|
|
|
Volume
|
2,130
|
|
|
|
Price
|
£0.00
|
|
e)
|
Date of the transaction
|
5 April 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading
venue
|
|
|
|
|
| |
Name of contact and telephone number
for queries:
Guy Holden
Group Reward and Share Plan
Manager
07585 403 180
For and on behalf of Spectris
plc
LEI Number:
213800Z4CO2CZO3M3T10
Date: 5 April 2024