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Spectris PLC
Director's Dealing • Sep 5, 2023
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 4624L
Spectris PLC
05 September 2023
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 5 September 2023 Spectris plc (the "Company") was notified that, on 4 September 2023, Andrew Heath, Chief Executive, acquired 7,787 ordinary shares of 5p each ("Ordinary Shares") in the Company following the exercise of options granted under the terms of the Performance Share Plan ("PSP") on 3 September 2018.
Mr Heath elected to pay upfront the income tax, national insurance and option cost arising from the exercise of his PSP options to keep all 7,787 Ordinary Shares (held in 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 | Exercise of options over 7,787 Ordinary Shares under the terms of the PSP granted on 3 September 2018. All these shares are held in a nominee account on Mr Heath's behalf. | ||
|---|---|---|---|---|
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| --- | --- | --- | --- | --- |
| £0.05 £0.00 £23.784 |
6,550 (Share Award granted as a nominal cost option under the terms of the PSP) 845 (Dividend equivalent shares awarded in lieu of dividend accrual on nominal cost option) 392 (Share Award granted as a tax-advantaged market value option under the terms of the PSP) |
|||
| --- | --- | --- | --- | --- |
| d) | Aggregated information | Price | £1.2394 | |
| --- | --- | --- | --- | --- |
| Volume (Shares Acquired) | 7,787 | |||
| --- | --- | --- | --- | --- |
| Price (Shares Acquired) | £9,650.83 | |||
| --- | --- | --- | --- | --- |
| e) | Date of the transaction | 4 September 2023 | ||
| --- | --- | --- | --- | --- |
| f) | Place of the transaction | Outside of a trading venue | ||
| --- | --- | --- | --- | --- |
Name of contact and telephone number for queries:
Carlie Sawyer
Group Reward Executive
07585 888 852
For and on behalf of Spectris plc
LEI Number: 213800Z4CO2CZO3M3T10
Date: 5 September 2023
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