Victrex PLC — Director's Dealing 2017

Dec 18, 2017

National Storage Mechanism | Additional information

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RNS Number : 6291Z

Victrex PLC

18 December 2017

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

David Hummel

2

Reason for the notification

a)

Position/status

Executive 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

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 financial instrument, type of instrument

Ordinary shares of 1p each

Identification code

GB0009292243

b)

Nature of the transaction

Vesting of nil cost conditional options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

Sold sufficient shares arising from the vesting to cover the vesting costs and tax, and sold remaining balance for cash.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£26.18

2,191

d)

Aggregated information

- Aggregated volume

2,191

- Price

£26.18

e)

Date of the transaction

2017-12-15

f)

Place of the transaction

Thornton, Cleveleys, Lancashire,

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 /Amendment	Initial notification
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 financial instrument, type of instrument	Ordinary shares of 1p each
Identification code	GB0009292243
b)	Nature of the transaction	Exercise of 1,011 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan. Sold sufficient shares (477) arising from the exercise to cover costs and tax and retained the balance (534) as shares.  Mr Cooper received an additional 38 shares following the payment of a net hypothetical dividend on the vested shares.
c)	Price(s) and volume(s)
		Price(s)	Volume(s) sold	Volume retained
		£26.18	477	534
d)	Aggregated information
- Aggregated volume exercised - No of shares retained	1,011 534 + 38 = 572
- Price	£26.18
e)	Date of the transaction	2017-12-15
f)	Place of the transaction	Thornton, Cleveleys, Lancashire,

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Martin Court
2	Reason for the notification
a)	Position/status	Executive 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	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 financial instrument, type of instrument	Ordinary shares of 1p each
Identification code	GB0009292243
b)	Nature of the transaction	Exercise of 934  nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan. Sold sufficient shares (441) arising from the exercise to cover costs and tax and retained the balance (493) as shares.  Mr Court received an additional 35 shares following the payment of a net hypothetical dividend on the vested shares.
c)	Price(s) and volume(s)
		Price(s)	Volume(s) sold	Volume retained
		£26.18	441	493
		£26.18		35
d)	Aggregated information
- Aggregated volume - No of shares retained	934 493 + 35 = 528
- Price	£26.18
e)	Date of the transaction	2016-12-15
f)	Place of the transaction	Thornton, Cleveleys, Lancashire,

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Louisa Burdett
2	Reason for the notification
a)	Position/status	Executive 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	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 financial instrument, type of instrument	Ordinary shares of 1p each
Identification code	GB0009292243
b)	Nature of the transaction	Exercise of nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan. Sold sufficient shares arising from the exercise to cover the exercise costs and tax, sold remaining balance for cash.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		£26.18	1,167
d)	Aggregated information
- Aggregated volume	1,167
- Price	£26.18
e)	Date of the transaction	2016-12-15
f)	Place of the transaction	Thornton, Cleveleys, Lancashire,

This information is provided by RNS

The company news service from the London Stock Exchange

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