Spectris PLC

Director's Dealing • Mar 20, 2019

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RNS Number : 4755T

Spectris PLC

20 March 2019

Spectris plc: Director/PDMR Shareholding

Notification of transaction by Person Discharging Managerial Responsibilities

Spectris plc announces that on 19 March 2019 Clive Watson, a director and PDMR of Spectris plc (the "Company"), acquired 18,004 ordinary shares of 5p each ("Ordinary Shares") in the Company following the exercise of options granted under the terms of the PSP on 23 February 2016.

Of the 18,004 Ordinary Shares acquired, 8,504 were sold to fund the option cost and the income tax / national insurance liability at a sale price of £27.42 and the remaining Ordinary Shares were retained and immediately transferred to Mr Watson's son, James Watson (4,000 shares), and his daughter, Jennifer Holman (5,500 shares) as a gift.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 and provides further detail:

1	Details of the persons discharging managerial responsibilities
a)	Name(s)	Clive Watson, Group Finance Director
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 18,004 Ordinary Shares under the terms of the PSP granted on 23 February 2016. (ii)        Subsequent sale of 8,504 Ordinary Shares to cover option cost and income tax / national Insurance liabilities arising on exercise. (iii)       Transfer of the remaining shares to James Watson, Son, (4.000 shares) and Jennifer Holman, Daughter, (5,500 shares).
c)	Price(s) and volume(s)	Price(s)	Volume(s)
---	---	---	---	---
(i) Acquisition £0.00 £0.05	1,153 16,851
---	---	---	---	---
		(ii) Sale £27.42	8,504
---	---	---	---	---
		(iii) Transfer £nil	9,500
---	---	---	---	---
d)	Aggregated information	Price		Nil
---	---	---	---	---
Volume (Shares Acquired)		18,004
---	---	---	---	---
		Price (Shares Acquired)		£842.55
---	---	---	---	---
		Volume (Shares Sold)		8,504
---	---	---	---	---
		Price (Shares Sold)		£233,179.68
---	---	---	---	---
		Volume (Shares Transferred)		9,500
---	---	---	---	---
		Price (Shares Transferred)		£nil
---	---	---	---	---
e)	Date of the transaction	19 March 2019
---	---	---	---	---
f)	Place of the transaction	Acquisition - Outside of a trading venue Sale -London Stock Exchange (LON) Transfer - Outside of a trading venue
---	---	---	---	---

Name of contact and telephone number for queries:

Rebecca Dunn

Deputy Company Secretary

01784 470 470

LEI Number: 213800Z4CO2CZO3M3T10

Date:  20 March 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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