Spectris PLC Director/PDMR Shareholding

 
TIDMSXS 
 
Spectris plc: Director/PDMR Shareholding 
 
This notification is made in accordance with Article 19 of the EU Market Abuse 
Regulation 596/2014. 
 
On 27 June 2017, the Company's Executive Directors and PDMRs accepted grants 
made by Spectris plc ("the Company") of options over ordinary 5p shares 
pursuant to the terms of the Spectris plc Performance Share Plan ("the Plan"), 
as set out below. 
 
Name                Position                  Number of options granted under 
                                              the Plan 
 
John O'Higgins      Chief Executive           45,380 
 
Clive Watson        Group Finance Director    28,770 
 
Joanna (Jo) Hallas  Business Group Director   18,530 
 
Andrew Harvey       Group Human Resources     13,680 
                    Director 
 
Eoghan O'Lionaird   Business Group Director   18,530 
 
Robert (Robin)      Head of Corporate         13,320 
Stopford            Development 
 
Kenneth Smith       President, Asia Pacific   7,180 
 
The total number of ordinary shares over which nil-cost options were accepted 
on 27 June 2017 represents less than 0.1% of the Company's issued ordinary 
share capital on that date. 
 
No consideration was paid for the grant of the awards. 
 
The vesting of an award is subject to the continued employment of the 
participant and the satisfaction of performance conditions set by the 
Remuneration Committee of the Company. The awards will normally vest on the 
later of the third anniversary of grant and the determination of the 
performance conditions. To the extent that an award vests, it is exercisable 
for a period of seven years from the date of vesting. The awards made to John 
O'Higgins and Clive Watson are subject to an additional two-year holding period 
on vesting. 
 
The option price payable by each participant on the exercise of his or her 
award is 5 pence per share. 
 
The Company was informed of the above transactions on 27 June 2016. 
 
1  Details of the persons discharging managerial responsibilities 
 
a) Name(s)               John O'Higgins, Chief Executive 
                         Clive Watson, Group Finance Director 
                         Joanna (Jo) Hallas, Business Group Director 
                         Andrew Harvey, Group Human Resources Director 
                         Eoghan O'Lionaird, Business Group Director 
                         Robert (Robin) Stopford, Head of Corporate Development 
                         Kenneth Smith, President, Asia Pacific 
 
2  Reason for the notification 
 
a) Position/status       See 1a above 
 
b) Initial notification/ Initial Notification 
   Amendment 
 
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    Options over ordinary shares of 5p each 
   financial instrument, 
   type of instrument 
   Identification  code  GB0003308607 
 
b) Nature of the         Acceptance of a grant of options over ordinary shares of 
   transaction           5p each pursuant to the terms of the Spectris plc 
                         Performance Share Plan 
 
c) Price(s) and volume   Price(s)         Volume(s) 
   (s) 
                         n/a              John O'Higgins - options over 45,380 
                                          ordinary shares 
                                          Clive Watson - options over 28,770 
                                          ordinary shares 
                                          Joanna (Jo) Hallas - options over 18,530 
                                          ordinary shares 
                                          Andrew Harvey - options over 13,680 
                                          ordinary shares 
                                          Eoghan O'Lionaird - options over 18,530 
                                          ordinary shares 
                                          Robert (Robin) Stopford - options over 
                                          13,320 ordinary shares 
                                          Kenneth Smith - options over 7,180 
                                          ordinary shares 
 
d) Aggregated            Aggregated Volume              n/a 
   information 
                         Price                          n/a 
 
e) Date of the           27 June 2017 
   transaction 
 
f) Place of the          Outside a trading venue 
   transaction 
 
 
Name of contact and telephone number for queries: 
 
Rebecca Dunn 
Deputy Company Secretary 
01784 470 470 
 
For and on behalf of Spectris plc 
 
Date: 28 June 2017 
 
 
 
END 
 

(END) Dow Jones Newswires

June 28, 2017 06:46 ET (10:46 GMT)