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Victrex PLC

Director's Dealing Dec 18, 2018

5290_dirs_2018-12-18_a4b47724-eb20-4d93-97b6-4a0eb4790bbe.html

Director's Dealing

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RNS Number : 8757K

Victrex PLC

18 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 /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 1,012 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

Sold sufficient shares arising from the transaction to cover costs and tax and retained the balance as shares. 

In respect of the net hypothetical dividend on the vested shares Mr Cooper received an additional 78 shares at £21.38.
c) Price(s) and volume(s)
Price(s) Volume(s) sold Volume retained
£21.38 478 534
£21.38 Nil 78
d) Aggregated information
- Aggregated volume exercised

- No of shares retained
1,012

534 + 78 = 612
- Price £21.38
e) Date of the transaction 2018-12-17
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 and hold of 934 nil cost options granted 15 December 2014 under the Victrex plc 2009 Long Term Incentive Plan.

In respect of the gross hypothetical dividend on the vested shares Dr Court received an additional 136 shares at £21.38.

Dr Court has elected to self fund any tax liability arising from the transaction and therefore no sale of shares was required to cover costs.
c) Price(s) and volume(s)
Price(s) Volume(s) sold Volume retained
N/A Nil 934
£21.38 Nil 136
d) Aggregated information
- Aggregated volume exercised

- No of shares retained
934

934 + 136 = 1,070
- Price N/A

£21.38 (for 136)
e) Date of the transaction 2018-12-17
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 3,686 nil cost options granted 14 December 2015 under the Victrex plc 2009 Long Term Incentive Plan.

Sold sufficient shares arising from the exercise to cover costs and tax and retained the balance as shares. 

In respect of the gross hypothetical dividend on the vested shares, Dr Court received an additional 359 shares at £22.28. 

Dr Court has elected to self fund any tax liability arising from the hypothetical dividend.
c) Price(s) and volume(s)
Price(s) Volume(s) sold Volume retained
£21.38 1,739 1,947
£22.28 Nil 359
d) Aggregated information
- Aggregated volume exercised

- No of shares retained
3,686

1,947 + 359 = 2,306
- Price £21.38 (for 1,947) and £22.28 (for 359)
e) Date of the transaction 2018-12-17
f) Place of the transaction Thornton, Cleveleys, Lancashire,

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 [email protected] or visit www.rns.com.

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