Victrex PLC Director/PDMR Shareholding (6649O)
11 February 2021 - 1:37AM
UK Regulatory
TIDMVCT
RNS Number : 6649O
Victrex PLC
10 February 2021
10 February 2021
Victrex plc
Grant of Options under the rules of the Victrex plc 2015 UK
Sharesave Plan
Notification of transactions by directors/persons discharging
managerial responsibilities
The Company announces the following transaction by a PDMR in the
Company's ordinary 1p shares ("Shares"):
Pursuant to invitations issued on 13 January 2021 to all
eligible UK employees, options over an aggregate of 89,000 Shares
were granted on 10 February 2021 under the Company's UK SAYE Scheme
(the "Scheme"). The Scheme is an all-employee scheme which gives
the opportunity to eligible UK employees to acquire Shares at a
discount of 20% of the market value of the Shares at the time the
invitation was issued.
Options granted to a PDMR;
Name Position No. of shares Savings Contract
under options Period
granted
Martin Court Executive Director 459 3 Years
--------------------- --------------- ----------------
In consideration of these options, the grantees will make
monthly savings during the associated savings contract. The
exercise price is GBP19.60 per share.
These options will normally be exercisable during a 6 month
period commencing 1 April 2024 for a 3 Year contract.
1. This announcement is an initial announcement.
2. The Company's identification code is GB0009292243.
3. The grant of the SAYE options occurred outside a trading venue.
The FCA notification, made in accordance with the requirements
of the EU Market Abuse Regulation is appended below and gives
further details on the option grants for directors and PDMRs.
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 Martin Court
===============================
2 Reason for the notification
a) Position/status Executive Director
===============================
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 Option over ordinary shares of 1p each
the financial
instrument, type
of instrument GB0009292243
Identification
code
===============================
b) Nature of the Option granted under the Company's all-employee
transaction HMRC approved Save As You Earn scheme
( Victrex plc 2015 UK Sharesave Plan )
with an exercise price of 19.60p
c) Price(s) and Price(s) Volume(s)
volume(s) GBP19.60 459
----------
===============================
d) Aggregated information
- Aggregated N/A
volume N/A
- Price
e) Date of the transaction 10 February 2021
===============================
f) Place of the Outside a trading venue
transaction
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END
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