Spectris PLC

Director's Dealing • Apr 12, 2021

National Storage Mechanism | Additional information

RNS Number : 1949V

Spectris PLC

12 April 2021

Spectris plc: Director/PDMR Shareholding

This notification is made under Article 19(1) of the EU Market Abuse Regulation 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and relates to the grant of share awards under the terms of the Spectris Deferred Bonus Plan ("DBP") to persons discharging managerial responsibilities ("PDMRs").

On 12 April 2021, Spectris plc (the "Company") was informed that, on the same day, the Executive Directors and PDMRs of the Company accepted awards granted by the Company of nominal-cost share options over ordinary 5p shares on 17 March 2021, pursuant to the terms of the DBP ("DBP Awards"), as set out below:

Name	Position	Number of shares awarded
Derek Harding	Chief Financial Officer	3,776
Andrew Heath	Chief Executive	5,819

The total number of ordinary shares over which these DBP Awards were accepted on 12 April 2021 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 DBP Awards. The DBP Awards are not subject to performance conditions.  All DBP Awards are subject to malus and clawback provisions. DBP Awards will normally vest, and become exercisable, on the third anniversary of the date of grant subject to continued employment and to the extent permitted following any operation of malus and clawback provisions. The nominal award price payable by each participant on the exercise of these DBP Awards is 5 pence per share.

More details on the DBP are contained within the 2020 Remuneration Policy available on the Company's website, www.spectris.com.

The information set out below is provided in accordance with the requirements of Article 19(3) of MAR and provides further detail:

1	Details of the persons discharging managerial responsibilities
a)	Name(s)	Derek Harding
---	---	---	---	---
2	Reason for the notification
---	---	---	---	---
a)	Position/status	Director and 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	Share option granted over ordinary 5p shares each GB0003308607
---	---	---	---	---
b)	Nature of the transaction	Acceptance of a grant of a share option over ordinary shares of 5p each on 12 April 2021, pursuant to the terms of the DBP.
---	---	---	---	---
c)	Price(s) and volume(s)	Price(s)	Volume(s)
---	---	---	---	---
£0.05	Nominal-cost share option of 3,776 ordinary 5p shares
---	---	---	---	---
d)	Aggregated information	Aggregated Volume		n/a
---	---	---	---	---
Price		n/a
---	---	---	---	---
e)	Date of the transaction	12 April 2021
---	---	---	---	---
f)	Place of the transaction	Outside a trading venue
---	---	---	---	---

1	Details of the persons discharging managerial responsibilities
a)	Name(s)	Andrew Heath
---	---	---	---	---
2	Reason for the notification
---	---	---	---	---
a)	Position/status	Director and 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	Share option granted over ordinary 5p shares each GB0003308607
---	---	---	---	---
b)	Nature of the transaction	Acceptance of a grant of a share option over ordinary shares of 5p each on 12 April 2021, pursuant to the terms of the DBP.
---	---	---	---	---
c)	Price(s) and volume(s)	Price(s)	Volume(s)
---	---	---	---	---
£0.05	Nominal-cost share award of 5,819 ordinary 5p shares
---	---	---	---	---
d)	Aggregated information	Aggregated Volume		n/a
---	---	---	---	---
Price		n/a
---	---	---	---	---
e)	Date of the transaction	12 April 2021
---	---	---	---	---
f)	Place of the transaction	Outside a trading venue
---	---	---	---	---

Name of contact and telephone number for queries:

Eliza Unwin

Senior Assistant Company Secretary

07785421875

For and on behalf of Spectris plc

LEI Number: 213800Z4CO2CZO3M3T10

Date: 12 April 2021

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