Victrex PLC Director/PDMR Shareholding (7007K)

TIDMVCT

RNS Number : 7007K

Victrex PLC

17 December 2018

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 
                                        Tim Cooper 
      -----------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                Executive Director (PDMR) 
      -----------------------------  ---------------------------------------------- 
 b)    Initial notification           Initial notification 
        /Amendment 
      -----------------------------  ---------------------------------------------- 
 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 the             Ordinary shares of 1p each 
        financial instrument, 
        type of instrument 
 
       Identification code            GB0009292243 
 
 b)    Nature of the transaction      Exercise of 3,830 nil cost options 
                                       granted 14 December 2015 under the 
                                       Victrex plc 2009 Long Term Incentive 
                                       Plan. 
 
                                       Sold sufficient shares (1,807) arising 
                                       from the exercise to cover costs 
                                       and tax and retained the balance 
                                       (2,023) as shares. 
 
                                       Mr Cooper received an additional 
                                       198 shares following the payment 
                                       of a net hypothetical dividend on 
                                       the vested shares. 
      -----------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                     -----------  ------------------------------- 
                                      Price(s)     Volume(s)    Volume retained 
                                                    sold 
                                     -----------  -----------  ------------------ 
                                      GBP22.28     1,807        2,221 
                                     -----------  -----------  ------------------ 
 
 d)    Aggregated information 
 
       - Aggregated volume 
        exercised                     2,221 
   - No of shares retained             2,023 + 198 = 2,221 
 
  - Price                             GBP22.28 
 
 e)    Date of the transaction        2018-12-14 
      -----------------------------  ---------------------------------------------- 
 f)    Place of the transaction       Thornton, Cleveleys, Lancashire, 
      -----------------------------  ---------------------------------------------- 
 

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December 17, 2018 06:40 ET (11:40 GMT)